Latest in Interest Tax Loophole
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Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 50m -
New brackets, deductions and credits for taxes
It's tax filing time and if you're working on your 2024 return then you might be seeing changes with brackets, rates and other parts of the tax code. CBS News business analyst Jill Schlesinger has ...CBS News - 2h -
The five most interesting teams of the NFL offseason
All eyes are on the Bengals, who have big decisions to make about their wide receivers, and the Browns, whose best player just requested a trade.ESPN - 3h -
What Deebo Samuel's trade request means for the 49ers ... and who might be interested
The dynamic receiver/running back wants to move on after another struggling season.ESPN - 4h -
Trump Moves to Close Carried Interest Tax Loophole, Which Could Hurt Startups
The last three U.S. presidents have all called for an end to the tax break.Inc. - 21h -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 1d -
Thinking of not paying taxes? This is what it could cost you.
Penalties and fees could add up for tax protesters, for little impact.MarketWatch - 2h -
There will be no exemptions to new tax on metals, says Trump
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - 9h -
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...The Hill - 16h -
Democrats demand conflict-of-interest answers over Elon Musk ‘Doge’ role
Adam Schiff warns in letter to White House that Trump ally may use role to ‘shield his companies from federal scrutiny’. The California senator Adam Schiff has demanded answers about Elon Musk ’s ...The Guardian - 20h -
How long does the IRS give you to pay your taxes?
If you think you'll owe money to the IRS for last year's taxes, here's how long you have to pay what's owed.CBS News - 20h -
Report: Saints are expected to have interest in Brandon Staley as their DC
The Saints haven't yet officially hired Kellen Moore as their new head coach, but once that happens, the team has strong interest in Brandon Staley as their defensive coordinator, Mike Silver of ...Yahoo Sports - 21h -
Tax season 2025: All the deadlines taxpayers should know
Taxpayers should be aware of the deadlines for this year's tax season to avoid extra fees and penalties.CBS News - 22h -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - 23h -
Newsom promotes bill to bring interest from fire-related insurance payments to homeowners
California Gov. Gavin Newsom (D) threw his support Monday behind legislation aimed at guaranteeing that wildfire-impacted homeowners, rather than their lenders, would receive interest earned from ...The Hill - 1d -
Schiff presses White House on Musk conflicts of interest, ethics
Sen. Adam Schiff (D-Calif.) pressed the White House on Monday for information about Elon Musk’s compliance with conflict of interest, ethics and reporting requirements, as the tech billionaire ...The Hill - 1d -
U.S. tariffs and interest rate uncertainties make 2025 a "choppy year": DBS CEO Piyush Gupta
Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.CNBC - 1d -
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.CBS News - 1d -
1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out on thousands of dollars.The Hill - 1d -
How EV makers in China are ramping up competition: No down payment and 5-year interest-free loans
Electric car companies in China welcomed the Year of the Snake with several incentives, after major automakers reported a drop in deliveries at the start of the year.CNBC - 1d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 1d -
Global leaders have a selective view of sovereignty. It matters, as long as it’s in their interests | Kenan Malik
Whether in Gaza or the Chagos Islands, denying a people’s identity and rights paves the way to robbing them of their autonomy to govern . Sovereignty matters. Except when it doesn’t. And it doesn’t ...The Guardian - 2d -
A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC
The IRS estimates that a fifth of eligible taxpayers fail to take advantage of the tax break each year.The Hill - 2d -
How much should you pay to do your taxes? Maybe nothing — if you qualify for free tax prep.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these ...MarketWatch - 3d -
Bolton says DOGE cuts hurt ‘long-term American interests’
President Trump’s former national security adviser John Bolton said during an interview that some of the proposed Department of Government Efficiency (DOGE) cuts could hurt “long-term American ...The Hill - 3d -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 3d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 3d -
Trump hits pause on blocking a trade loophole. Temu parent’s stock gains.
The U.S.-listed shares of Temu parent PDD Holdings finished higher Friday after the Trump administration pulled back on its effort to close a so-called de minimis exemption that lets shipments ...MarketWatch - 3d -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - 3d -
The IRS has issued 3.2 million tax refunds this year. Here’s the average payment
The IRS has issued 3.2 million tax refunds in 2025, as of Jan. 31. Here's the average payment.CNBC - 3d -
Super Bowl 2025 betting: 7 interesting lines, props and more for Eagles vs. Chiefs
The Super Bowl is a sports betting holiday every year.Yahoo Sports - 3d -
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.CNBC - 3d -
Job Market Gives Fed Cover to Extend Interest Rate Pause
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.The New York Times - 3d -
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.CNBC - 4d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 4d -
Ben Simmons reportedly finalizing contract buyout with the Nets; Cavaliers, Clippers and Rockets interested
The three-time All-Star is expected to meet with the Cleveland Cavaliers and Los Angeles Clippers beginning on Friday.Yahoo Sports - 4d -
Tariff Uncertainty Taxes the Auto Industry
For some in the car industry, the uncertainty surrounding a US-border trade war is almost worse than the tariffs themselves. If the tariffs go through, the costs might get passed down to buyers.Wired - 5d
