Latest in IRS announces new federal income tax brackets for 2025
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Battleground state election lawsuits and IRS raises income tax brackets: Morning Rundown
Kamala Harris interview, Donald Trump, John Kelly, JD Vance, IRS income tax brackets for 2025, bird flu cases in Washington, McDonald's quarter pounder, Liam Payne, Maya HenryTop stories - NBC News - October 23 -
IRS unveils Roth IRA income limits for 2025
The IRS unveiled the Roth individual retirement account income limits for 2025.Business - CNBC - November 1 -
IRS announces 401(k) contribution limits for 2025
The IRS has announced higher 401(k) contribution limits for 2025. Here’s what savers need to know.Business - CNBC - November 1 -
IRS announces 401(k) catch-up contributions for 2025
The IRS has announced the 401(k) catch-up contribution limits for 2025. Here’s what investors need to know.Business - CNBC - November 1 -
How new tax changes for 2025 could affect federal tax liabilities for families
The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift tax exclusion for 2025.Business - CNBC - October 22 -
What to know about the 2025 inflation-adjusted tax brackets
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.Top stories - CBS News - October 23 -
Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it
Donald Trump has floated the idea of eliminating the federal income tax. In an interview with Meet the Press, his running mate, JD Vance, says the idea is not “realistic,” calling it an ...Politics - NBC News - October 27 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
IRS Increases Standard Deductions for 2025
Inflation pushes up the deductions to $15,000 for single taxpayers and married individuals filing separately and $30,000 for couples who file jointly.Business - Inc. - October 23 -
Here's how to leverage higher income limits for the 0% capital gains bracket
Bigger earnings limits are coming for the 0% capital gains brackets in 2025. That could offer tax planning opportunities, financial experts say.Business - CNBC - October 25 -
Trump announces Tom Homan as incoming border czar
President-elect Donald Trump announced late that Tom Homan, the former acting director of U.S. Immigration and Customs Enforcement, will be his administration's "border czar."Politics - NBC News - November 11 -
IRS unveils IRA contribution limits for 2025
The IRS has announced IRA contribution limits for 2025. Here’s what investors need to know.Business - CNBC - November 1 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - October 31 -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
SteamWorld Creators Announce Incoming Layoffs And Focus On Third-Party Games
Thunderful Games, the developer of the SteamWorld series, has announced 80-100 layoffs at the company and a reshifting focus for third-party games. In a press release , the company said the ...Tech - GameSpot - 6 days ago -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.Business - CNBC - October 26 -
Trump proposes eliminating the income tax. Here's what experts think.
Experts cast doubt on whether the lost revenue could be replaced with tariffs.Top stories - ABC News - October 28 -
IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.Top stories - CBS News - November 1 -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - October 31 -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - October 31 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Grammy Awards announce 2025 nominations. Here's the list.
The nominations for the 67th Grammy Awards have been announced, and the nominees include a long list of top music stars.Top stories - CBS News - November 8 -
Conan O’Brien announced as 2025 Oscars host
Comedian and former late-night host will lead the Academy awards ceremony for the first time. Conan O’Brien has been announced as the host of next year’s Oscars.. The former late-night host and ...World - The Guardian - 6 days ago -
USPS announces Betty White stamp will be released in 2025
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.Entertainment - CBS News - 2 days ago -
It’s hard to fill a budget black hole if you’ve ruled out raising income tax | William Keegan
Keir Starmer and Rachel Reeves were so desperate to win the election that they deprived themselves of the best tools for fixing their bleak ‘inheritance’. It saddens those of us who waited so long ...World - The Guardian - October 27 -
Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill
Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.Business - CNBC - November 4 -
Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.Business - CNBC - 5 days ago -
CFP rankings release: See how the new top 25 affected the bracket
A first look at the new bracket based on the College Football Playoff committee's second set of rankings.Sports - ESPN - November 12 -
The IRS just set 401(k) limits for 2025 — here’s how much you can save
The Internal Revenue Service said Friday that 401(k) contribution limits will climb to $23,500 next year, meaning retirement savers will be able to tuck away a little more in 2025.Business - MarketWatch - November 2 -
Grammy Awards 2025: List of nominees
The Recording Academy announced its nominees for the 67th Grammy Awards on Friday.Top stories - NBC News - November 8 -
'The Black Parade' marches on: My Chemical Romance announces 2025 revival tour
My Chemical Romance will perform its seminal 2006 album 'The Black Parade' in its entirety on a 10-stop stadium tour next summer.Entertainment - Los Angeles Times - November 12