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3 mins read

Trump's trade and tax policies are the new hot-button topic dividing economists and market experts

Many notable economists are sounding the alarm on the inflationary impact of Trump's proposals. Oth…

Filip De Mott   


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4 mins read

How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places

Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…

Eliza Relman   


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1 min read

The door is slamming shut on a $50 billion tax loophole used by the superrich

The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…

Geoff Weiss   


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2 mins read

Donald Trump reportedly wants to raise tariffs to pay for tax cuts

Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…

Filip De Mott   


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3 mins read

Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.

Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…

John Towfighi,Juliana Kaplan   


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2 mins read

Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn

The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …

Filip De Mott   


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2 mins read

The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims

According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…

Filip De Mott   


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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic   


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2 mins read

Trump's plan to tax the entire world will result in the type of global trade war not seen since the Great Depression, think tank says

"The Trump plan is for increased tariffs on all products from all countries. It is not just America…

Filip De Mott   


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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…

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2 mins read

Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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1 min read

Cipla gets Rs 773 cr demand notice from I-T dept

Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.

PTI   


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2 mins read

Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state

The millionaires tax in Massachusetts beat estimates by bringing in $1.8 billion so far, helping th…

Cork Gaines   


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2 mins read

Queen-size mattresses are selling for as little as $175 in the US, thanks to Chinese overproduction

There's a probe into whether Chinese mattresses are being shipped via other countries to the US aft…

Huileng Tan   


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2 mins read

Most developed countries are set to gain more millionaires in the next 5 years with 2 big outliers

Both countries had an influx of wealthy people moving in, but with changes in taxes and other issue…

Lian Kit Wee   


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4 mins read

All you need to know about the new tax regime

The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …

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3 mins read

JD Vance has some ideas on how to get Americans to have more babies

Vance, Trump's new running mate, says it's a crisis that the US isn't having enough babies.

Juliana Kaplan,Ayelet Sheffey   


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3 mins read

Why you're going to be hearing a lot about tariffs on China for the next 4 months

Former President Donald Trump's VP pick, JD Vance, supports severe tariffs on China. If they win th…

Ayelet Sheffey   


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3 mins read

Biden announces plan to cap rent increases at 5% for half of American rental households

A record number of renters can't afford their housing costs. Biden wants to discourage big rent inc…

Eliza Relman,Dan Latu   


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2 mins read

Looser regulation would allow business-led growth to relieve the 'massive' deficit burden, BlackRock chief Larry Fink says

"We can do so much as a country right now. But we're inhibited by our controls," BlackRock CEO Larr…

Filip De Mott