Biden’s student loan forgiveness plan could erase up to $20,000 in interest

U.S. President Joe Biden waves as he departs for Baltimore from the White House in Washington, U.S., April 5, 2024.  Kevin Lamarque | Reuters Interest provision may erase up to $20,000 per... Read more »

Boeing CEO Calhoun took home $5M last year ahead of 737 Max crisis

Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing... Read more »

Election 2024: John Paulson Is Raising $43 Million for Trump

John Paulson, the man famous for a big bet against subprime mortgages at his now-closed hedge fund, is luring other billionaires back into Donald Trump’s orbit to support his rematch against Joe... Read more »

What Happens If Trump Can’t Post $454 Million Bond by Monday

Donald Trump owes New York $454 million after losing the state’s civil fraud suit over his asset valuations. The former president is challenging the verdict, but he still faces a March 25... Read more »

Biden’s billionaire tax hits the super-rich. Can a wealth tax work?

Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if... Read more »

Rudy Giuliani should sell $3.5 million Florida condo, creditors claim

Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C., on Dec. 15, 2023. Anna Moneymaker | Getty... Read more »

Here’s what Trump’s proposed tariffs could mean for your wallet

This combination of pictures created on February 17, 2024, shows U.S. President Joe Biden waving from the South Lawn of the White House in Washington, D.C., on June 1, 2023, and former... Read more »

Biden proposes expanding free community college across the U.S.

Woman with hands raised in the classroom Fg Trade | E+ | Getty Images President Joe Biden has proposed expanding free community college across the U.S., and other initiatives to lower higher... Read more »

Here’s what researchers have to say about working in your 80s

U.S. President Joe Biden stops to talk to journalists about new Russian sanctions as he departs the White House on February 20, 2024 in Washington, DC. Biden is traveling to California to... Read more »

Musk Increasingly Puts His Thumb on the Scale for Trump’s GOP

Elon Musk has assured his more than 175 million followers that he’s not donating money to Donald Trump or Joe Biden. Instead, the billionaire is making something of an in-kind contribution to... Read more »

Why California faces high gas prices

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of Thursday, according... Read more »

What the SEC vote on climate disclosures means for investors

Securities and Exchange Commission Chairman Gary Gensler testifies before Congress on July 19, 2023. Win Mcnamee | Getty Images News | Getty Images Climate disclosures aren’t mandatory under the current regime; companies... Read more »

Russian oligarch’s yacht costs U.S. taxpayers $900,000 a month

A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings. The U.S. Department of Justice is... Read more »

Trump’s best option to get $540M could be ‘clean’ property, private lenders

Republican presidential candidate and former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center in Greenville, South Carolina, on Feb. 20, 2024. Justin Sullivan |... Read more »

Frankfurt Wins EU Council’s AMLA Nod, Parliament Votes Later

Frankfurt won a preliminary vote in the Council of European Union member states to become the home of the new Anti-Money Laundering Authority, according to people familiar with the matter. Germany’s financial... Read more »

Corporate Jet Use by Ultra-Wealthy Is Latest IRS Crackdown Push

The IRS is bringing the hammer down on the ultra-wealthy’s abuse of tax breaks on the use of corporate jets. The agency will begin three to four dozen new audits this spring... Read more »

Here’s who may be eligible

President Joe Biden speaks about his economic plan at the Flex LTD manufacturing plant in West Columbia, South Carolina, on July 6, 2023. Sean Rayford | Getty Images Since the Biden administration’s... Read more »

House lawmakers weigh relief for SALT ‘marriage penalty’

Violetastoimenova | E+ | Getty Images House lawmakers are weighing relief for a “marriage penalty” that impacts the federal deduction limit on state and local taxes, known as SALT. While the bill... Read more »

The average tax refund is almost 29% lower this tax season, IRS reports

Artistgndphotography | E+ | Getty Images With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported... Read more »