Author: Daniel snow

[ad_1] Senate Majority Leader John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham (R-SC), speaks to reporters after the Senate passed President Trump’s reconciliation package on July 1, 2025.Bill Clark | Cq-roll Call, Inc. | Getty ImagesTax cuts are the centerpiece of a massive legislative package championed by President Trump and passed Tuesday by Senate Republicans.Many new tax breaks in the bill — on auto loans, tips and overtime pay, and for older Americans — are structured as tax deductions.How much money you save with tax deductions, which reduce your taxable income,…

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[ad_1] Jaque Silva | Nurphoto | Getty ImagesOpenAI is distancing itself from Robinhood’s latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.”These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized…

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[ad_1] A hiring sign is displayed in a Dominos Pizza window on June 25, 2025 in Austin, Texas. Brandon Bell | Getty ImagesFor federal government workers who worked at agencies tied to this year’s job cuts, an apparent slowdown in the labor market is happening at the worst possible time.A gradual pullback in hiring and job openings has come at the same time that hundreds of thousands of federal workers are out looking for employment, the casualty of layoffs recommended by Elon Musk’s Department of Government Efficiency.Although economists almost universally downplay it, one straw in the wind may have come…

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