In the war on affordability, President Donald Trump has claimed victory over inflation. Trump said during a speech on Wednesday in Davos, Switzerland, that he had “defeated” inflation and reined in consumer prices over the past year. Trump, in an address to world leaders and others at the World Economic Forum, said that the U.S. has…
U.S. President Donald Trump gives a speech at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty Images News | Getty Images As Americans prepare for the start of tax season next week, several new tax breaks are on the table as part of President Donald Trump’s “big…
U.S. President Donald Trump speaks during the 56th annual World Economic Forum (WEF), in Davos, Switzerland, January 21, 2026. Jonathan Ernst | Reuters President Donald Trump on Wednesday floated the idea of allowing depreciation — a yearly income tax deduction to recover certain property costs over a set period of time — for personal residences….
Halfpoint Images | Moment | Getty Images Student loan borrowers in default got a reprieve last week: The Trump administration said Friday it would postpone forced collections, for now. The pause is an about-face for the U.S. Department of Education, which had announced in late December that it would start seizing defaulted borrowers’ paychecks as…
Twenty47studio | Moment | Getty Images Tax changes for 2026 offer new ways for individuals ages 65 and over to plan financially. That is largely due to a new temporary senior “bonus” or deduction of up to $6,000 per qualifying individual that was enacted when President Donald Trump signed the “big beautiful bill” package into…
After a strong holiday shopping season, many consumers are now hitting the stores again — this time to return their purchases. Consumers spent $257.8 billion online between Nov. 1 and Dec. 31, jumping 6.8% year over year to a fresh record for e-commerce, according to a new report from Adobe Analytics. However, returns then spiked 4.7%…
The 2026 tax season starts on Jan. 26, according to the IRS. Here are some key things filers need to know. Source link
Months after President Donald Trump suggested sending Americans a $2,000 tariff dividend check, many households are waiting to see if that stimulus could come in 2026, despite political and legal obstacles. “We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs,” Trump wrote in a Truth Social post on Monday….
People hold shopping bags as they make their way through Herald Square in New York, Dec. 11, 2025. Angela Weiss | AFP | Getty Images Americans are slightly more bullish about 2026, according to a New York Federal Reserve survey released Thursday. The central bank’s monthly Survey of Consumer Expectations found that consumers expect inflation to be…
CNBC’s senior personal finance correspondent Sharon Epperson joins Power Lunch to discuss how tax changes fit into investment planning for 2026. Source link