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Treasury

State authorities confirm tax cut of 4 percent for 2025

Next year, West Virginia residents will pay a smaller share of their paychecks in taxes. The state officially granted a four percent income tax cut effective Jan. 1, 2025. The tax cut was confirmed Thursday by State Auditor JB McCuskey…

Stocks lose momentum after weak $42 billion U.S. bond sale: Markets Wrap

(Bloomberg) — The plunge in U.S. stocks following a weak $42 billion sale of Treasury bonds underscored the fragility of the market recovery amid historic volatility. Most read by Bloomberg The S&P 500 has pared gains after rising nearly 2%,…