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The SALT Cap Has a $20 Billion Hole

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Deduction limit is generating 80% to 85% of expected revenue, the Tax Policy Center estimates. Source link

The ‘Fidelity Mafia’ Behind Big Crypto

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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/currencies/the-fidelity-mafia-behind-big-crypto-953ad00e Source link

Zimbabwe's Incumbent President Declared Winner of Election

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Emmerson Mnangagwa secured a second term as president after winning 53% of the vote in a poll marred by repression and allegations of fraud. Source link

Rising Long-Term Rates Loom Over Wall Street

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Futures markets show a growing expectation that interest rates could stay higher for longer, exerting pressure on stocks. Source link