Latest in Congress Weigh Tax
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This retirement account is an ‘IOU to the IRS’ — but here’s when it makes sense, expert says
Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, experts say.CNBC - 2d -
Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - 3d -
Trump’s tariffs will be paid by the poor – while his tax cuts help the rich | Robert Reich
The math doesn’t work in the president’s economic promises, which will create a giant upward transfer of wealth. Donald Trump apparently believes his tariffs will bring so much money to the US ...The Guardian - 1d -
Fantasy Baseball: Should you draft or pass on MLB's most polarizing starting pitchers?
Scott Pianowski weighs on in the starting pitchers with the widest range of opinions this fantasy draft season.Yahoo Sports - Mar. 7 -
Tesco trials giant trolley scales in Gateshead
Trolleys are weighed before checkout to identify any items customers might have missed or scanned twice.BBC News - Mar. 7 -
What US, Russia and Europe are thinking ahead of fresh Ukraine talks
BBC correspondents weigh in as US and Ukrainian officials prepare to meet in Saudi Arabia.BBC News - Mar. 8 -
China’s consumer prices fall for first time in more than a year
Index declines 0.7% as deflationary pressures continue to weigh on world’s second-largest economyFinancial Times - Mar. 9 -
C.E.O.s Will Meet With Trump Amid Fears About Tariffs’ Fallout
The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.The New York Times - 5d -
Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff.
Verizon calls out a more competitive wireless industry — and that’s weighing on its shares, as well as those of its peers.MarketWatch - 5d -
Judge hears arguments on if Mahmoud Khalil should remain detained in Louisiana
A federal judge will weigh the challenge to the arrest and detention of Columbia University graduate Mahmoud Khalil, who is a green card holder.NBC News - 4d -
How could Putin respond to US-Ukraine ceasefire plan?
The Kremlin is weighing its options following the US-Ukraine proposal for a 30-day ceasefire.BBC News - 4d -
U.S. Negotiators Are en Route to Moscow, Kremlin Says
President Vladimir V. Putin of Russia is weighing a 30-day cease-fire proposal from the United States and Ukraine.The New York Times - 3d -
Doheny misses weight & given an hour to lose ounce
TJ Doheny weighed in an ounce heavier than the featherweight limit for Saturday's world-title challenge against Nick Ball in LiverpoolYahoo Sports - 2d -
Paul Pierce on his level of concern with the recent play of the Boston Celtics
Boston Celtics legend Paul Pierces weighed in on his level of concern with the defending champs during a recent segment of the "SPEAK" show.Yahoo Sports - 2d -
Vote for the Savannah Morning News High School Athlete of the Week in an open poll
Here's a chance for readers to weigh in and select the Savannah Morning News High School Athlete of the Week in an open poll.Yahoo Sports - 6h -
Million-dollar wage earners have already stopped paying into Social Security for 2025
In 2025, Social Security payroll taxes apply to wages up to $176,100. Workers with $1 million in annual wages have already stopped paying those taxes for the year.CNBC - Mar. 7 -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 4d -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - Mar. 8 -
You can still claim a $1,400 stimulus check from the IRS—how to know if you qualify
You might be entitled to $1,400 in stimulus check money, but you'll have to file a 2021 tax return to claim it.CNBC - Mar. 9 -
HMRC to use voice recognition to speed up calls
The tax authority has been heavily criticised for failing to answer tens of thousands of calls.BBC News - 5d -
Six things that could get more expensive for Americans
Economists say the president's import taxes could result in higher prices for a range of products in the US.BBC News - 4d -
Carney ready to talk trade with Trump if 'there's respect for Canada's sovereignty'
Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.BBC News - 4d -
Tariffs to add as much as $10,000 to the cost of the average new home, trade association says
"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.CNBC - 3d -
Trump threatens to put 200% tariff on French Champagne and other EU spirits
The U.S. tariff comes after the European Union moved to put an import tax on American whiskey.CNBC - 3d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 3d -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - Mar. 7 -
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 4d -
Woman Imprisoned and Starved Stepson for 20 Years, Police Say
Emergency workers responding to a fire in Waterbury, Conn., found the man, 32, who weighed only 68 pounds and had been held captive in a tiny room.The New York Times - 4d -
Here are the states facing big hits from the E.U.’s retaliatory tariffs on American liquor
The U.S. liquor industry has been hoping to avoid retaliatory tariffs on its products, but instead they look set to hit — and weigh on southern states in particular.MarketWatch - 4d -
U.S. 10-year Treasury yield is little changed as investors digest latest inflation report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.CNBC - 3d -
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - 2d -
Congressional Dems, ACLU slam Trump’s 'invasion' immigration proclamation, preview legal challenge
In a letter to the White House, the members of Congress and the ACLU, along with the Brennan Center, called the proclamation 'troubling and misguided'NBC News - 5d -
CDC nominee Dave Weldon is likely to be pressed on his vaccine views at Senate hearing
President Trump's nominee to head the Centers for Disease Control and Prevention is getting ready to appear before CongressABC News - 4d -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - 4d -
Federal Appeals Court Dismisses Florida Case Over Gender Identity in Schools
The mother at the center of the case, January Littlejohn, was a guest of the first lady Melania Trump at President Trump’s speech to Congress last week.The New York Times - 3d -
Dark economic clouds loom over Trump and the GOP: From the Politics Desk
President Donald Trump’s economic approach is putting members of his administration and Republicans in Congress on the defensive as the stock market continues to struggleNBC News - 3d -
Medicaid cuts would decimate Native American programs, tribal health leaders say
As Congress mulls significant cuts to Medicaid, Native American tribes are bracing for potentially devastating financial fallout.CBS News - 2d -
Federal firefighters secure permanent pay raises in spending bill
Federal wildland firefighters secured a permanent pay raise Friday after years of waiting for Congress to answer their plea.NBC News - 2d -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - Mar. 8 -
Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.The New York Times - 6d