Eclipse_images | E+ | Getty Images It’s been more than a year since Republicans enacted President Donald Trump‘s “big beautiful bill,” and many filers can still benefit from a temporary change to the federal deduction limit for state and local taxes, known as SALT. Trump’s legislation raised the SALT deduction limit to $40,000 in 2025,…
The Reserve Bank of India on Wednesday raised interest rates for the first time since 2023, joining several major central banks in tightening monetary policy to arrest accelerating inflation. The central hiked the benchmark repo rate by 25 basis points to a 1-year high of 5.50%, in line with expectations of economists polled by Reuters….
Frazao Studio Latino | E+ | Getty Images Dividend stocks like utilities are being pummeled amid bond market chaos and the rise of the 10-year U.S. treasury, raising questions for seniors about how to continue meeting their income needs. While dividend stocks are only part of a diversified portfolio for older investors, many boomers often…
A general view of Stanlow Petrol Refinery on Oct. 2, 2026 in Ellesmere Port, England. Ryan Jenkinson | Getty Images News | Getty Images Consumers are feeling the pinch of higher gasoline prices. But another type of fuel — diesel — also threatens to push up prices at the store in a less visible way,…
The new club world business class cabin on the Airbus A380. Courtesy: British Airways British Airways is building what it calls the “world’s largest” business class cabin and ripping out dozens of coach-class seats, the starkest example yet of how airlines are betting their future on high-spending travelers. The changes are part of a massive…
Trucks move goods in a shipping container next to large stacks of shipping containers and cranes at the Port of Long Beach Wednesday, Aug. 26, 2026. Allen J. Schaben | Los Angeles Times | Getty Images The U.S. trade deficit widened sharply in August amid an influx of goods related to the artificial intelligence buildout…
More car buyers are stretching out their loans in an effort to make the purchase affordable. Even so, monthly payments keep rising. A record 25.5% of financed new-vehicle purchases in the third quarter had loan terms of 84 months or longer, up from 21.8% a year earlier, according to a new report from Edmunds, a…
The Paramount Studios in Los Angeles, California, Nov. 9, 2025. Ethan Swope | Bloomberg | Getty Images It’s been just over a year since Paramount Skydance set out to buy one of Hollywood’s most iconic institutions. After repeated rejections, a subsequent bidding war, a series of regulatory approvals, an antitrust challenge by state attorneys general…
South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump’s sweeping tariffs, its customs agency said on Monday. Insung Jeon | Moment | Getty Images The World Bank has raised its growth forecast for the East Asia and Pacific region on the back…
AstraZeneca CEO Pascal Soriot told CNBC on Monday that Summit Therapeutics‘ lead drug could help power next-generation cancer treatment combinations that could be the “future of cancer care.” Soriot’s comments in an exclusive interview with CNBC come a week after the pharmaceutical giant announced a $2 billion equity investment and clinical collaboration with the biotech…