-
The U.S. states with the highest property tax rates in 2026
The average U.S. household spends $3,119 annually on property taxes, with an additional $499 for vehicle property taxes in 26 states, according to the U.S. Census Bureau. WalletHub’s 2026 Property Taxes by State report reveals significant disparities across states. “Some states charge no property taxes at all, while others charge an arm and a leg,”…
-
Industrial production posts strongest gain in nearly a year
U.S. industrial production rose 0.7% in January, marking its largest increase in nearly a year, driven by broad gains in manufacturing and higher utility output, according to Federal Reserve data. Manufacturing output, which accounts for about three-quarters of total production, climbed 0.6% – the strongest rise since February 2025. Gains were widespread, including increases in…
-
Trump administration identifies 40,000 more borrowers for student loan forgiveness
The Trump administration identified more than 40,000 federal student loan borrowers as eligible for debt forgiveness in January, according to a recent court filing. Roughly 22,000 qualified under income-driven repayment plans, which cancel remaining balances after 20 or 25 years of payments, while 18,160 borrowers became eligible through the Public Service Loan Forgiveness (PSLF) program…
-
TUC urges Bank of England to cut rates
The Trades Union Congress (TUC) is urging the Bank of England to reduce interest rates to stimulate economic growth. TUC General Secretary Paul Nowak said: “The Bank of England has a crucial role to play here. Last year they were overly cautious and too slow to act. They should go for growth with a sequence…
-
U.S. inflation cooled to 2.4% in January, boosting rate cut hopes
U.S. consumer prices rose 2.4% year-on-year in January, below expectations and down from the prior month, marking the lowest annual inflation rate since May 2025, according to Labor Department data. Core inflation, which excludes food and energy, increased 2.5% annually, in line with forecasts, while monthly headline CPI rose 0.2%. Shelter costs increased 0.2% on…
-
Safe-harbor shifts and foreign entity rules complicate solar and wind tax credits
Recent federal changes have tightened eligibility for the Sec. 48E clean electricity investment credit for wind and solar projects. The 2025 law accelerates the credit’s termination, requiring projects that begin construction after July 4th 2026, to be placed in service by December 31st 2027, to qualify. New IRS guidance also limits most larger projects starting…
