Yes, it's only Thursday, but the Money Roundup is here a day early this week!
Tomorrow, look for the April updates to SMI's Fund Performance Rankings and the online Portfolio Tracker.
Inflation victory is proving elusive, challenging central banks and markets (Wall Street Journal). Surprise, surprise.
Gold hits new high as investors seek hedge against stubborn inflation (Financial Times via Google). Adjusted for inflation, however, gold remains a significant distance from its 1980 high.
A million simulations, one verdict for US economy: Debt danger ahead (Bloomberg via Yahoo). "It may take a crisis — perhaps a disorderly rout in the Treasuries market...or a panic over the depletion of the Medicare or Social Security trust funds — to force action."
Capital-gains tax: What to know (Wall Street Journal). For married couples filing jointly, the 15% bracket starts at $89,251 of taxable income. Below that income level, the rate is 0%!
IRS warning: Beware of smishing and 'helper' tax scams (Kiplinger). Don't be an easy mark.
Here's what beneficiaries need to know as the Social Security Administration phases in new policies for overpayments (CNBC). If the SSA overpaid your benefits, these new policies will help you.
How high-yield CDs turn into 0.05% CDs while you're not looking (Wall Street Journal). When CDs mature, roughly half are automatically rolled into new CDs, often at much lower rates.
Americans spent over $113 billion on lottery tickets last year (Charlie Bilello via X). The lure of easy money.
Generosity and fear (Seth Godin). Fear is self-focused. Generosity is about others.
4 lessons from Jesus' female funders (Jill Foley Turner, National Christian Foundation). "...and the twelve [disciples] were with him, and also some women...who provided for them out of their means."
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