3 Surprising Factors in the IRS Mileage Rate
Inputs as diverse as international sanctions, ridesharing, and natural disasters lead to a sharp hike in the auto mileage deduction for 2019.
U.S. Retail Sales Increase 0.3% in April
The second straight monthly gain indicates consumer spending is picking up after rising only 1.1% in the first quarter.
U.S. Producer Prices Increase 0.2% in August
The gain in the PPI was the largest in four months but "is unlikely to assuage Federal Reserve policymakers' concerns about low inflation."