Did you receive an ‘inflation check’ last year? IRS is now deciding if your state’s one-time payment is taxable.
The direct payments that a number of states authorized for residents last year, while inflation raged, are presenting new questions ...
Tag: Regulation/Government Policy
McCarthy pushes Biden on debt limit: ‘Mr. President, it’s time to get to work’
House Speaker Kevin McCarthy on Monday reiterated his call for President Joe Biden to negotiate with Republican lawmakers over potential ...
41% of Americans say they’re worse off financially under Biden, highest percentage for any president in 37 years
The Big Number: Forty-one percent of Americans say they’ve become worse off financially since President Joe Biden took office a little ...
Indian regulator said it’s placing extra surveillance measures after more than $100 billion in Adani Group losses
India’s stock market regulator over the weekend said it devote extra attention to surveillance after the sell-off in Adani Group ...
Tesla, GM to see more EVs eligible for tax credits under new U.S. rules
More electric vehicles made by Tesla Inc., General Motors Co. and other auto makers will be eligible for tax credits ...
Jobs report ‘ends U.S. recession fears’: Economists react to huge gain in employment
The January jobs report on Friday showed the U.S. economy gained 517,000 jobs last month, with the unemployment rate falling ...
State of the Union: 5 key challenges for Biden as he delivers his speech
President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech ...
The Federal Reserve raises interest rates: here’s what that means for the market
U.S. stocks and bonds rallied on Wednesday, much to the chagrin of traders who had ramped up bearish bets on ...
Opinion: The WTO no longer serves U.S. foreign-policy interests
The World Trade Organization no longer serves U.S. foreign policy interests.The U.S. and its allies established the General Agreement on ...
Public health emergency for mpox to end Tuesday
The U.S. government does not plan to renew the public-health emergency for mpox, the virus that was previously called monkeypox, ...
Oil prices on track for January loss
Oil futures traded on a mixed note Tuesday, with U.S. prices set for a third-straight monthly decline ahead of this ...
U.S. may cut off China’s Huawei entirely from U.S. suppliers
WASHINGTON — The Biden administration is considering entirely cutting off Chinese telecommunications giant Huawei Technologies Co. from U.S. suppliers over national-security concerns by tightening ...
How to pay for reparations in California? ‘Swollen’ wealth could replace ‘stolen’ wealth through taxes
The panel responsible for the nation’s first state-level exploration of reparations for Black Americans discussed an important question this weekend: ...
Oil ends lower ahead of OPEC+ committee meeting, EU ban on Russian oil products
Oil futures declined on Friday, with U.S. prices below $80 a barrel and settling at their lowest in more than ...
OPEC+ committee meets next week with ample oil uncertainties to discuss
A committee meeting for the Organization of the Petroleum Exporting Countries and their allies next week isn’t expected to result ...
Debt-limit standoff: Here are the Washington players you need to know about
The debate over raising the U.S. debt limit is poised to be one of the hottest fights to hit Washington ...
An absurd issue needs an absurd solution: Let’s mint a bazillion-dollar coin to end forever the Republicans’ farcical political theater over the debt ceiling
Key House Republicans want to slash Medicare and Social Security so badly that they’re willing to risk a global financial ...
Why is the U.S. sending Abrams tanks to Ukraine, and what are they?
The U.S. plans to send 31 M1 Abrams tanks to Ukraine, marking another step up in American efforts to support ...
White House releases sweeping plan to push for rental affordability and tenant protections. Here’s how it could impact you.
The White House unveiled a series of new measures Wednesday that it said could protect renters both from rising costs ...
SEC floats ban on Wall Street activities linked to 2009 financial crisis
U.S. regulators propose banning a Wall Street practice that lawmakers said was partly to blame for the 2008 financial meltdown. The Securities ...
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U.S. egg shortage breeds chicken-feed conspiracies
Social media users claim to have found a new culprit for sky-high egg prices: chicken feed. The theory gained steam...
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China accuses U.S. of indiscriminate use of force over balloon
BEIJING (AP) — China on Monday accused the U.S. of indiscriminate use of force when the American military shot down...
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