Speaker of the Home Mike Johnson (R-LA) (C) indicators the One Huge Stunning Invoice Act throughout an enrollment ceremony with fellow Republicans within the Rayburn Room on the U.S. Capitol on July 03, 2025 in Washington, DC. Chip Somodevilla | Getty Photos Information | Getty Photos It has been about two weeks since President Donald … Read more
Forward of subsequent week’s Federal Reserve assembly, relations between President Donald Trump and Fed Chair Jerome Powell have hit a low. “Households are being damage as a result of Curiosity Charges are too excessive,” Trump wrote in a Reality Social put up on Wednesday. Trump has mentioned he needs the Fed to sharply decrease rates of interest by as a … Read more
Luis Alvarez | Digitalvision | Getty Pictures Scholar mortgage forgiveness could also be taxable once more The American Rescue Plan Act of 2021 made pupil mortgage forgiveness tax-free on the federal degree by the tip of 2025. Trump’s “large lovely invoice,” whereas making different particular sorts of pupil mortgage aid tax-free, didn’t prolong or make everlasting that broader provision. In … Read more
[ad_1] AJUCHITLAN, Mexico (AP) — The Trump administration’s determination to impose a 17% responsibility on contemporary tomatoes imported from Mexico has created a dilemma for the nation offering extra tomatoes to U.S. shoppers than every other. The import tax that started July 14 is simply the most recent protectionist transfer by an administration that has … Read more
Kate_sept2004 | E+ | Getty Pictures As traders fear about future inflation amid President Donald Trump’s tariff coverage, some consultants say property like Sequence I bonds may assist hedge in opposition to rising costs. At present, newly bought I bonds pay 3.98% annual curiosity by October 31, which is up from the 3.11% yield supplied the earlier six … Read more
President Donald Trump’s massive tax and spending package will bring sweeping changes to federal student loans, in part by capping how much money people can borrow from the federal government to pay for college and graduate school. Among other measures, the legislation, which Trump has called “one big, beautiful bill,” sets new limits for students and their families. … Read more
[ad_1] Chinese quantitative hedge funds are stepping up efforts to hire science and engineering students in the US affected by President Donald Trump’s university funding cuts and tighter visa policies. Shanghai-based Mingshi Investment Management launched a special program last month to offer full-time jobs to students unable to finish their PhDs due to the recent … Read more
[ad_1] In a development that has again raised red flags over United States President Donald Trump’s conflict of interest in the cryptocurrency space, Bloomberg reported that Binance aided in the creation and promotion of the USD1 token for World Liberty Financial, before its founder sought pardon. According to sources cited by Bloomberg, the world’s largest … Read more
U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC. Matt McClain | The Washington Post | Getty Images President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known … Read more
People shop at a grocery store in Manhattan, New York City, on April 1, 2025. Spencer Platt | Getty Images Republicans’ “big beautiful” reconciliation package includes tax cuts that policy researchers have found primarily benefit the wealthy. To help pay for that, the legislation also includes “substantial” cuts to the Supplemental Nutrition Assistance Program, or … Read more
