Tariff Uncertainty Taxes the Auto Industry
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Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 1d -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 1d -
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 - 12h -
Stocks are falling as Trump comments on risks of a recession
Stocks are still tumbling as President Trump leaves the door open for a potential recession in the U.S. economy, and as other nations unleash retaliatory tariffs. This comes as the United Auto ...CBS News - 2d -
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.The New York Times - 2d -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 1d -
Tariffs Add to Automaker Concerns About Higher Steel Costs
Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.The New York Times - 11h -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 4d -
U.S. farmers react to China's retaliatory tariff increase
China slapped an additional 15% import tax on American farm products, including pork, poultry, beef and soybeans. Lana Zak reports from Mount Vernon, Iowa. Then, Ed O'Keefe has the latest on ...CBS News - 2d -
Bourbon industry in crosshairs of U.S.-Canada trade war
Distilleries in the heart of America's bourbon industry are finding themselves in the crosshairs of a brewing trade war between the U.S. and Canada.NBC News - 1d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 2d -
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 - 4h -
Harvard freezes hiring amid financial 'uncertainties' driven by Trump policies
Harvard University says it is freezing hiring for faculty and staff amid financial “uncertainties” driven by the Trump administration. “Universities throughout the nation face substantial financial ...The Hill - 2d -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - 1d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 1d -
Uncertainty, a slowdown, or more
More on the sell-offFinancial Times - 18h -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 1d -
Should I pay off my tax debt before my credit card debt? Experts weigh in
Focusing on tax debt first can be a smart move, experts say, but that won't be the case for everyone.CBS News - 12h -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 1d -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 2d -
‘World’s hottest brand’: how Miu Miu defied sales plunge in fashion industry
As luxury firms struggle worldwide, the ‘knowingly cool’ label is posting record-breaking sales figures. While profits fall across the luxury fashion industry, one kooky Italian label is posting ...The Guardian - 4d -
What to know after Monday's market downturn
Stock futures are slightly up Tuesday morning after a major sell-off Monday. Investors are uneasy due to uncertainty over tariffs and President Trump has refused to rule out a recession spurred by ...CBS News - 1d -
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.The New York Times - 4d -
How Entrepreneurs Can Leverage Uncertainty for Growth
Entrepreneurs can use empathy to find the canary in the coal mine and exploit it for profits and intangible gains.Inc. - 4d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - 3d -
House Republicans huddle with Bessent on tax policy menu
Politico - 2d -
Senate Finance Republicans to huddle with Trump on taxes
Politico - 9h -
Starmer to target ‘cottage industry of blockers’ in overhaul of regulators
UK prime minister will also talk up potential of AI to increase productivity across the stateFinancial Times - 2h -
The future is bright for Merritt Speedway, the newest NASCAR Advance Auto Parts Weekly Series track
Merritt Speedway has been a staple of dirt-track racing in the state of Michigan for nearly 40 years. Founded by Gene and Maryann Kregear and opened for the first time in 1968, the track has played ...Yahoo Sports - 2d -
Haitian immigrants grapple with uncertainty as TPS end date looms
The decision to end temporary protected status for 500,000 Haitians living in the U.S. may force most of them to return to a country in crisis.NBC News - 4d -
Panic selling tends to follow uncertainty. Here’s how to make smarter moves.
What financial advisers do when markets seem unmanageable.MarketWatch - 2d -
Universities impose hiring freezes in face of uncertainty over federal funding
At least two Ivy League universities abruptly stopped hiring faculty Monday, partly prompted by fear that federal grant funding will be cut.NBC News - 2d -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - 2d -
Threshold for filing ‘side hustle’ tax return to rise to £3,000 in UK
Cash earnings to increase from current level of £1,000 in boost to people who sell goods onlineFinancial Times - 1d -
Gavin Newsom’s Podcast Hosts Steve Bannon, Covering Musk, Trump and Taxes
The California governor hosted one of the architects of President Trump’s political movement on his new podcast, and their friendly sparring revealed a few points of agreement.The New York Times - 8h -
House GOP tax writers maintain radio silence on their plans
Politico - 7h -
‘Be careful about this’: Warnings abound as GOP considers writing off tax cuts
Republicans will discuss the accounting maneuver with President Donald Trump on Thursday.Politico - 3h -
Trump’s Shipbuilding Plan Could Cause Turmoil for Ocean Cargo Industry
The administration seeks to finance American shipbuilding through steep port fees.Inc. - 5d -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - 4d -
From Bell Labs to Lumon Industries: The Building That Brings ‘Severance’ to Life
Bell Works, the setting of the hit serial for Apple TV+, is now a tourist attraction, drawing fans to the architectural wonder.The New York Times - 4d