Trump’s ‘big beautiful bill’ makes Roth conversions more complicated

Alvaro Gonzalez | Moment | Getty Images If you’re eyeing a Roth conversion, President Donald Trump‘s “big beautiful bill” could make the strategy more complicated, according to financial experts. Roth conversions transfer pretax or nondeductible individual retirement account funds to a Roth IRA, which starts future tax-free growth. The trade-off is paying regular income taxes on the converted…

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PPI inflation report July 2025:

Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed. The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for…

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Airbnb will allow US users book stays without paying upfront

AirbNB has launched a new feature called “Reserve Now, Pay Letter”, which allows users to reserve an assets in the US, possibly allowing people to cancel their booking with less trouble if their plans change. This feature applies to assets that have a “flexible” or “medium” cancellation policy. Flexible policies cancels their reservation until 24…

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