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3 mins read

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…

Allie Kelly   


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1 min read

Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips

The President-elect said in September that ditching taxes on overtime pay would give "people more o…

Huileng Tan   


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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

Why one veteran economist is doubling down on his 2025 recession call after Trump's victory

The economy is flashing a rare recession warning only seen four times in the last century, accordin…

Jennifer Sor   


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4 mins read

4 signs of re-inflation investors should watch out for, Charles Schwab says

The Fed could cut interest rates "slower and shallower" in 2025, according to Charles Schwab strate…

Jennifer Sor   


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5 mins read

4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help

Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…

Eliza Relman   


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4 mins read

Trump's trade restrictions could be good for American semiconductor jobs

Donald Trump's campaign promise of tariffs could create semiconductor jobs in the US but lead to h…

Jacob Zinkula   


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3 mins read

3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say

Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…

Filip De Mott   


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5 mins read

Meet the Americans stocking up on cars, skincare, and toilet paper ahead of Trump's potential trade restrictions

Americans are worried about prices going up even more with tariffs, so some are stockpiling or maki…

Juliana Kaplan,Ayelet Sheffey   


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6 mins read

From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted

Crocs and American Eagle are two of the brands Bank of America predicted to see price hikes if Trum…

Ayelet Sheffey   


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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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9 mins read

Leaving Los Angeles: Why the film industry is ditching Hollywood

The share of productions being shot in Los Angeles is on the decline. That's allowing entertainment…

Lucia Moses   


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4 mins read

Intel is far from becoming the American chipmaking powerhouse the US needs

Intel is struggling to overcome a series of challenges and establish itself as a globally competiti…

Jacob Zinkula   


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3 mins read

Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says

Some of Trump's policies could lead to stagflation, which involves soaring inflation, high interest…

Jennifer Sor