For the week, the S&P 500 gained 1.86%, the Dow added 1.61%, and the NASDAQ increased 2.34%.[2] MSCI EAFE stocks also increased, posting a 1.42% weekly gain. Friday’s performance marked one of the largest rallies since the beginning of this bull market.
SS & SSI COLA Biggest in Seven Years
The Social Security Administration has announced a 2.8% increase in Social Security and Supplemental Security Income (SSI) benefits for 2019. This increase will benefit more than 67 million Americans. This cost-of-living adjustment (COLA) is the largest in seven years.
AG Curtis Hill announces $575 million settlement with Wells Fargo
Attorney General Curtis Hill today announced that Wells Fargo Bank N.A. will pay $575 million to resolve claims that the bank violated state consumer protection laws. As part of a settlement involving all 50 states and the District of Columbia, Indiana will receive $5.2 million.
2018 Tax Rates from WWW.IRS.GOV
2018 Individual Income Tax Rates See https://www.irs.gov/pub/irs-pdf/n1036.pdf and https://www.irs.gov/pub/irs-pdf/i1040gi.pdf starting around page 31. The tax table starts on page 67. The rates (for $100,000+ incomes) are shown directly on the Tax Computation Worksheet which starts on page 79. If a family earns $3,000 / month, or $36,000 per year, after the $24,000 deduction, their income…
November Indiana County, City & MSA Employment Report
This just in from Indiana Department of Workforce Development dwd@subscriptions.in.gov Allen County 3.2% unemployment, overall State 3.7%. Map http://www.hoosierdata.in.gov/docs/state/mapin/2018/mapinmth11.pdf INDIANAPOLIS (Dec. 26, 2018) – Links to November 2018 employment data for Indiana counties, cities and MSA’s are listed below: Employment Report (LAUS)Labor Force Estimates for U.S., Indiana, MSAs, Counties, CitiesRanking of Indiana Counties by Unemployment RateIndiana…