Media mogul Mike Bloomberg topped the 2025 Philanthropy 50 list, dominating U.S. donations of $22.4 billion.
Crude tops $100 for first time since 2022 as Iran conflict halts Hormuz traffic, choking 20% of global supply and lifting US gas 50 cents.
With April 15 nearing, tax pros warn that AI tools like Grok may miss nuances in Trump-era tax laws, urging filers to verify returns and protect data.
The U.S. tax season is here, with many Americans expecting bigger refunds due to tax breaks under the new One Big Beautiful Bill Act.
Economic uncertainties abound as U.S.-Israeli strikes on Iran could severely impact global oil and gas markets.
Michael W. Green’s proposal to raise the U.S. poverty line to $140,000 sparked debate on poverty measurement.
Economists find that unpaid work cushions inequality. However, its decline shows living standards for low-income families have worsened.
Immigration officers in NYC have faced accusations of impersonating NYPD officers to detain a Columbia University student.
U.S. officials aim to restrict direct-to-consumer drug ads after 30 years, citing overmedication and high costs.
Jody Allen, trustee of Paul Allen’s estate, is selling the Seattle Seahawks, potentially fetching over $6.5 billion.
Receiving money from crowdfunding or apps after a crisis might bring tax surprises. Gifts may be taxed as income, affecting state returns.
President Trump’s economic agenda suffered a blow as the Supreme Court struck down his sweeping tariffs in a 6-3 decision.