Any profit will be clubbed with your income and taxed at your effective tax rate.

We use a novel dataset of online prices of identical goods sold by four large global retailers in dozens of countries to study good-level real exchange rates and their aggregated behavior. First, in ...

The Federal Open Market Committee on Wednesday afternoon concluded its bi-monthly meeting and announced it was holding the federal funds rate at 4.25%-4.50% ...

CINCINNATI (WKRC) — The Federal Reserve is set to announce its decision on interest rates on Wednesday ... of managing inflation without stifling economic growth. Recent meetings have focused ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Currency depreciation is a fall in the value of a currency in terms of its exchange ...

You'll also be able to use them to withdraw cash overseas with the same great exchange rates - though a specialist travel debit card's usually better here as most credit cards will charge interest on ...

The Federal Reserve has kept interest rates high this year while it assesses the impact of the Trump administration's drastic economic agenda. Lower borrowing costs would gradually trickle down to ...

The first-quarter GDP numbers “highlight the bind that the Federal Reserve is in,” Ryan Sweet of Oxford Economics wrote in a commentary. The Fed must weigh whether to cut interest rates to support ...

But with tariffs creating whiplash for businesses and consumers alike, economists caution that the economic impact could arrive sooner than anticipated, casting uncertainty over the broader outlook.