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2 mins read

Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.

Counties in California, Texas, and Minnesota will vote on tax hikes for childcare. We want to hear …

Allie Kelly   


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2 mins read

Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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1 min read

Russia is reportedly making it more painful for businesses to leave by forcing big discounts and raising exit taxes

New rules in Russia reportedly have firms selling their operations in the nation at a 60% discount,…

Jennifer Sor   


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4 mins read

The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says

Trump's proposed tariffs could hurt lower earners' wallets, while extending the former president's …

Juliana Kaplan,Ayelet Sheffey   


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4 mins read

Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid

Tax proposals from Trump and Harris could incentivize businesses to twist the definition of a tip a…

Ayelet Sheffey   


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4 mins read

Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits

Pandemic-era subsidies drove enrollment in Obamacare. Now, millions of Americans could see costs r…

John Towfighi   


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2 mins read

New business owners could get a $50,000 tax deduction under Kamala Harris's plan

Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…

Juliana Kaplan   


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2 mins read

Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says

Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…

Kelly Cloonan   


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2 mins read

Australia announced a sweeping plan to forgive 20% of student debt

The move, which could take effect in June if the current Labor government stays in power, would era…

Hannah Abraham   


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3 mins read

Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.

In February 2023, Putin publicly rejected the idea that Russia was focusing on "guns instead of but…

Matthew Loh   


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5 mins read

Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.

Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…

Ayelet Sheffey   


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4 mins read

A Nevada mayor is battling one of the worst housing shortages in the US. Her solution: looser construction regulation.

Nevada is one of the most unaffordable places in the country. The mayor of Reno says cities need to…

Eliza Relman   


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4 mins read

How the cost of childcare is expected to change under Trump or Harris

BI looked at Harris and Trump's past track records and proposed policies to see how the election co…

Allie Kelly   


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1 min read

Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.

Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…

Filip De Mott   


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4 mins read

The US is on the cusp of a lithium boom to loosen China's grip on EVs

The Biden administration is encouraging US lithium mining through a mix of loans, grants, and tax b…

Catherine Boudreau   


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6 mins read

Arizona is the epicenter of the debate over how Trump's mass deportation plan would hit the economy

The mass deportations former president Donald Trump is proposing could reshape labor markets, strai…

Noah Sheidlower   


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3 mins read

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…

Allie Kelly,Ayelet Sheffey   


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2 mins read

Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…

Filip De Mott   


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5 mins read

Wall Street braces for a Trump or Harris presidency. Here's what that means for your portfolio.

Harris and Trump's proposed tax policies are set to have very different impacts on the stock market.

Dan DeFrancesco   


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5 mins read

AOC and progressive allies want the federal government to build over a million homes. Even YIMBYs don't think it's a good idea.

Housing policy experts say a Democratic effort to get the federal government to build 'social housi…

Eliza Relman