Free money isn’t so free

Feb. 27—An $1,800 windfall of tax-free money for a single filer from the federal government’s COVID relief program isn’t tax-free after all. In Oregon, about half the state’s taxpayers who received stimulus checks, including many who earn under $50,000, could end up paying more state taxes this year because of the federal COVID relief checks. According to the Oregon Department of Revenue, a …

Stock Market News for Feb 26, 2021

U.S. stock markets closed sharply lower on Thursday as rising bond yields raised concerns among market participants on risky assets like equities. Moreover, several weaker-than-expected earnings results also dented investors’ confidence. All the three major stock indexes ended the day in red. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) fell 1.8% or 559.85 points, closing at 31,402.01, snapping its four-day winning…