Every year, the IRS updates federal tax brackets, standard deductions, and other key thresholds to account for inflation. This year, the IRS update also included changes introduced under the One Big Beautiful Bill Act (OBBBA). Here is a detailed summary of what taxpayers should expect and how to prepare.

Worry creates negative emotions and stress, leading to avoidance that can make things worse. You can change your habits by starting small, talking with a trusted family member or friend and being consistent and persistent.

For many families, the holidays are the one moment of the year when everyone comes together without the usual rush of deadlines, school schedules, or conflicting calendars. And while nobody wants to turn a festive gathering into a financial seminar, these warm, unhurried moments can open the door to something surprisingly valuable: meaningful conversations about money, intentions, and the kind of legacy you want to leave.

In this week’s 7 Market Movers, Doug Huber explains how markets are navigating delayed economic data, with jobless claims hitting a three-year low despite elevated layoffs. Strong earnings from Snowflake and Dollar General boosted equities, while expectations for a December Fed rate cut climbed above 90%, supporting both small-cap and tech stocks. Treasury yields edged lower, and investors now await key economic reports in the coming weeks for clearer insight into inflation, employment, and Fed policy direction.

In this month’s market commentary, Aya Yoshioka discusses market performance, the likelihood of a December rate cut, and the current state of the AI revolution.