Latest in Spending Raise Taxes
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A Roth IRA offers a 'longer runway for tax-free investing,' advisor says. Here's how to use it
Your Roth IRA offers more time for 'tax-free investing,' advisors says. Here's how to use it.CNBC - 1d -
House Republicans could raise student loan bills to pay for Trump's tax cuts
As House Republicans look for ways to slash spending to fund President Donald Trump’s tax cuts, they’ve floated proposals that could raise federal student loan bills for millions of borrowers.NBC News - 1d -
Revelations of Israeli spyware abuse raise fears over possible use by Trump
After WhatsApp claimed 90 users were targeted last year, experts concerned over how US could use cyberweapons. Even as WhatsApp celebrated a major legal victory in December against NSO Group, the ...The Guardian - 1d -
To pay for Trump's tax cuts, House Republicans could raise student loan bills for millions of borrowers
As House Republicans look for ways to cut spending to fund President Trump's tax cuts, they've floated plans that may raise student loan bills for millions.CNBC - 1d -
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 - 1d -
Hundreds of tractors block Westminster in inheritance tax protest
Farmers from across the UK protesting in London against changes to inheritance tax.BBC News - 1d -
Tech companies raise more than $27 million to build infrastructure for kids online safety
A group of leading major technology companies including OpenAI and Discord have raised more than $27 million for a new initiative focused on building open-source tools to boost online safety for ...The Hill - 1d -
Trump takes aim at 'wasteful' government spending by ordering end to penny production
The president said in a Truth Social post that stopping the mint from coining new pennies is another way to reduce 'wasteful' government spending.CNBC - 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 -
30-year-old takes on loneliness crisis with a social networking app that's already raised $646,000
Nicola Gunby felt isolated when she moved to London — one of the biggest cities in the world. It led her to create a new social networking platform.CNBC - 2d -
New Zealand raises ‘concern’ as Cook Islands prepares to sign China deal
Deputy PM says New Zealand hasn’t been adequately consulted on an agreement the Cook Islands leader is expected to sign in Beijing this week. A diplomatic row has erupted between two tight-knit ...The Guardian - 2d -
Poor customer service hitting trust in UK tax authority
Both individuals and most businesses have lost faith in HMRC, spending watchdog findsFinancial Times - 2d -
Brady's B'ham, Wrexham drive record spending
Teams in League One have spent record amounts with the influence of American owners such as Ryan Reynolds and Rob McElhenney at Wrexham and Tom Brady's part in Knighthead Capital's ownership of ...ESPN - 2d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 2d -
Typical homebuyers in Los Angeles, San Francisco and San Diego spend up to 78% of income on housing
In many major U.S. cities, the cost of owning a home is twice what financial planners recommend spending.CNBC - 2d -
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Musk Team’s Treasury Access Raises Security Fears, Despite Judge’s Ordered Halt
A judge ruled Saturday that the activities of Elon Musk’s government cost-cutting effort risk “the disclosure of sensitive and confidential information” and render them “more vulnerable than before ...The New York Times - 3d -
Judges block Musk's efforts to slash federal spending
Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.NBC News - 3d -
Record Valentine's Day spending expected
Valentine's Day is just a week away, and candy sales are expected to soar. It's a busy time of year for chocolatiers, including Norman Love Confections, a Florida company that produces ...CBS News - 3d -
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 - 3d -
GOP gains in voter registration raise red flags for Democrats
Republican gains in voter registration are raising red flags for Democrats in key states, underscoring the inroads the GOP made across the country in 2024. Active registered Republicans now ...The Hill - 3d -
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 -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 3d -
Guardiola denies City spend due to embargo fear
Pep Guardiola has denied that Manchester City's January recruitment drive was motivated by concern within the club that they could be hit with a transfer embargo.ESPN - 3d -
Temu and Shein Raised Prices, Removed Products as Trump’s China Tariffs Went Into Effect
Sellers and shoppers on the two sites say they saw items disappear and prices go up after President Donald Trump implemented tariffs on Chinese imports.Wired - 4d -
Big Tech Keeps Its A.I. Data Center Spending Boom Alive
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their extravagant spending on new data centers.The New York Times - 4d -
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 - 4d -
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 - 4d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 4d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 4d -
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 - 4d -
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 - 4d -
Silicon Valley and Indian investors spend big as English cricket goes up for sale
Foreign investors have been googly-eyed about English soccer for decadesABC News - 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 -
Oscars flashback: Raising a glass to 'Sideways'
20 years ago, the adapted screenplay winner got the prize ahead of 'Before Sunset,' 'Million Dollar Baby,' 'Finding Neverland' and 'The Motorcycle Diaries.'Los Angeles Times - 5d -
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 - 6d
