Money News: Latest Stock Market News, New IRS Tax Brackets, Tipping Trends

Delve into recent stock market developments. Plus, tax bracket adjustments.

Before taking an in-depth look at what’s going on in the stock and bond markets, hosts Sean Pyles and Anna Helhoski delve into the recent developments in personal finance news. They start by breaking down the latest inflation numbers. Then, they discuss the concerning increase in credit card delinquencies, shedding light on rising balances and the generational shift in credit card usage before offering smart tips on managing credit balances in a high-interest rate environment. They then turn their attention to the latest IRS tax bracket adjustments and break down the implications for taxpayers.

Investing Nerd Sam Taube then joins Sean and Anna to talk about recent stock market developments, unraveling the connection between rising Treasury yields, bond market shifts, and their impact on stock prices. They discuss potential implications for investors, diversification strategies for the current financial climate, and key economic events to watch for in November.

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In their conversation, the Nerds discuss: personal finance, market swings, inflation, credit card delinquencies, inflation-adjusted tax brackets for tax year 2024,stock markets, Pew Research Center survey on tipping, investing, economic events, treasury yields, interest rates, portfolio diversification, market fluctuations, consumer price index, Federal Reserve, borrowing costs, Dow Jones, the S&P 500, active trading, and inflation data.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com.

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