TRENDING TOPICS
319 articles found for "tax"
Trump announced 'ratepayer protection pledges' at the State of the Union requiring tech companies to absorb data center electricity costs instead of passing them to consumers.
The national average for regular gasoline has climbed to $2.90 per gallon, its highest in two months, as geopolitical tensions with Iran, the summer blend transition, and tariff uncertainty converge.
The CapEx Finance Index shows new equipment financing volumes hit their highest level in two decades in January 2026 as American businesses invest aggressively despite tariff and recession fears.
The 10% global tariff took effect Tuesday under Section 122 of the Trade Act, but the 15% rate Trump promised wasn't finalized. The gap reveals the improvised nature of US trade policy.
The Chicago Fed National Activity Index rose to +0.18 in January from -0.21, its highest reading in 11 months, as production and employment indicators improved despite tariff uncertainty.
The 15% Section 122 tariff took effect at 12:01 a.m. on February 24, applying to $1.2 trillion in imports. Yale estimates the average household will pay $1,300 more annually if tariffs persist.
Fed Governor Waller's NABE speech revealed that after annual revisions, 2025 payrolls likely fell, making it only the third time since 1945 that has happened outside a recession.
Bank of America data reveals the US economy has evolved from a K-shaped recovery to an E-shaped one, with the middle class pulling away from lower-income households while still trailing the wealthy.
Scott Bessent told Fox News the economy can grow 3.5% in 2026. Three days earlier, Q4 GDP came in at just 1.4% with inflation stuck at 3%. Here is why the gap between rhetoric and reality matters for your money.
With 108,000 job cuts in January and hiring at record lows, millions of Americans are turning to Uber, DoorDash, and Instacart. The gig economy now encompasses 70 million workers.
Medicare's first-ever negotiated drug prices took effect January 1, 2026, covering 10 of America's most expensive medications. Nearly 9 million enrollees are expected to save $1.5 billion.
The personal savings rate has dropped to 3.5%, near its lowest level since 2005. With disposable income growth stalling at 0.1% and consumer spending still rising, the math is unsustainable.