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 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 »
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 »
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 »
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, 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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 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 »
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 »
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 »
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 »
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 »