Crude Oil Tumbles as the Dollar Strengthens and Equities Fall

Crude Oil Tumbles as the Dollar Strengthens and Equities Fall

January WTI crude oil (CLF26) on Monday closed down -1.20 (-2.00%), and January RBOB gasoline (RBF26) closed down -0.0360 (-1.96%). Crude oil and gasoline prices fell sharply on Monday, with gasoline posting a 1.5-week low.  Dollar strength on Monday undercut energy prices.  Crude prices also fell as Monday’s stock market weakness weighed on confidence in … Read more

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IRS eliminates Direct File. How can I file my taxes for free now?

IRS eliminates Direct File. How can I file my taxes for free now?

Direct File — the short-lived, free IRS tax-filing tool — is officially over, shut down less than two years after launch amid shifting priorities in Washington. During its brief run, Direct File gave taxpayers a streamlined, no-upsell way to file their federal taxes for free. Close to 300,000 taxpayers across 25 states used it in … Read more

Dollar Edges Higher with T-Note Yields

Dollar Edges Higher with T-Note Yields

The dollar index (DXY00) on Thursday rose by +0.19%.  The dollar recovered from a 2.5-week low and moved higher as T-note yield rose after weekly jobless claims unexpectedly fell to a 3-month low, a sign of labor market strength that is hawkish for Fed policy and positive for the dollar.  The dollar was initially under … Read more

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