The No Tax on Tips Revolution: What Service Workers Need to Know About the $25,000 Deduction
The One Big Beautiful Bill Act created a groundbreaking tax break for service workers. Here's how to claim up to $25,000 in tip income deductions in 2026.
126 articles found for "savings"
Trump's Tariff Truce: Furniture, Kitchen Cabinets, and Italian Pasta Get New Year's Reprieve
President Trump postponed higher tariffs on furniture and kitchen cabinets while dramatically reducing proposed pasta duties. What it means for consumers and inflation.
The K-Shaped Consumer Divide Widens: High-Income Spending Surges 4% While Lower-Income Americans Retrench
Bank of America data reveals high-income consumer spending surged 4% in November—the fastest growth in 4 years—while lower-income households pull back. The K-shaped economy intensifies.
The K-Shaped Consumer Economy: How Income Inequality Will Shape Retail in 2026
Consumer spending splits along income lines as high-income households boost spending 4% while lower-income families retrench, creating a K-shaped economy that will define retail strategy in 2026.
The Stagflation Specter Returns: Why 2026 Could Revive the 1970s Economic Nightmare
Economists warn stagflation—high inflation plus slow growth—could become a regular topic in 2026. What it means for jobs, prices, and your financial security.
The Consumer Divide: High-Income Spending Surges 4% as Lower-Income Families Retrench
Bank of America data reveals a stark spending divergence: top-third earners saw 4% growth in November 2025, the fastest in four years, while lower-income households pull back amid inflation pressures.
Gas Prices Set to Drop to $3 Per Gallon as Oil Glut Deepens in 2026
The EIA forecasts gas prices will fall to $3 per gallon in 2026 as a global oil supply glut pushes Brent crude below $55 per barrel, offering relief to American drivers.
The 'Forever Layoffs' Era: Why 60% of Companies Plan Workforce Cuts in 2026
A structural shift is underway in corporate America. Layoffs are no longer rare, large-scale events but a permanent feature of business operations. Here's what workers need to know.
The Pessimism Premium: A Record 1-in-3 Americans Now Expect Their Finances to Worsen in 2026
Financial pessimism has reached an 8-year high, with 33% of Americans expecting their finances to deteriorate in 2026. Here's what's driving the gloom and what it means for the economy.
IRS Bumps 2026 Business Mileage Rate to 72.5 Cents: What Drivers Need to Know
The IRS has raised the standard mileage rate for business driving to 72.5 cents per mile in 2026, up 2.5 cents from 2025. Here's how to maximize your tax deduction.
The Tax Refund Tsunami: Why February 2026 Could Inject $300 Billion Into the Economy
Retroactive tax cuts from the One Big Beautiful Bill Act mean Americans will receive massive refunds in early 2026. Here's what that could mean for the economy and your wallet.
Health Insurance Sticker Shock: ACA Premiums Surge 26% in 2026's Biggest Cost Crisis
ACA marketplace premiums are rising 26% on average in 2026—the largest increase in history. Here's why healthcare costs are spiking and what you can do about it.