Author: Daniel snow
Jerome Powell and the Fed have been right to hold the line on interest rates, but Trump’s rate-cut demand can’t be held off for much longer. Source link
Tax avoidance isn’t the only reason to protect your family with the right legal documents. Source link
President Donald Trump’s One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a friendly environment for oil, gas and coal production.The House of Representatives passed Trump’s megabill Thursday ahead of a White House-imposed deadline, after the Senate narrowly approved the controversial legislation Tuesday.Trump has made his priorities on energy production clear. The U.S. will rely on oil, gas, coal and nuclear to meet its growing energy needs, the president said last weekend, bashing wind and solar power.”I don’t want windmills destroying our place,” Trump told Fox News in an interview that aired June…
A substitute religion, it offers a sense of moral superiority and group membership. Source link
The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder for some to receive public assistance or hold onto health insurance. Source link
In her late 20s, Aleese Lightyear worked in reality TV production and lived in New York City, which she thought was her dream.”At the height of my career in New York, I was probably making $100,000 a year [and] working eight months out of the year, which on paper sounds great, but New York City is one of the world’s most expensive cities, so that $100,000 went extremely fast,” Lightyear tells CNBC Make It.”I was spending all of my money going out and buying clothes so that I could be trendy and feel like I was living in the ‘Sex…
This isn’t the first time the apparel company has levied a copycat accusation. Source link
Seven writers on the best and worst provisions in Trump’s bill. Source link
“From repayment plans to smaller loans: Some of the most significant change we’ve seen in higher education in a couple of decades.” Source link
The Capitol at dawn during a vote-a-rama, on July 1, 2025 in Washington, DC. Al Drago | Getty Images News | Getty ImagesHow to read this guideFollow along from start to finish, or use the table of contents to jump to the section(s) you want to learn more about. Need a refresher on key tax terms? Start here.Trump’s 2017 tax cut extensionsTrump’s new legislation makes permanent the 2017 tax cuts while increasing these tax breaks:Standard deduction: Up from $15,000 to $15,750 (single) and $30,000 to $31,500 (married filing jointly) in 2025. Indexed for inflation.Estate and gift tax exemption: Up from…