President Donald Trump displays his signature on a sweeping spending and tax legislation known as the “One Big Beautiful Bill Act,” at the White House, in Washington, July 4, 2025. Leah Millis | Reuters As the midterm elections approach, Republicans are touting President Donald Trump‘s “big beautiful bill” to voters as they fight to keep…
The Federal Reserve raised its benchmark interest rate at the conclusion of its September meeting after consumer prices rose again in August amid the war with Iran — and despite continued pressure by President Donald Trump to bring rates down. In an effort to tame inflation, the central bank’s Federal Open Market Committee, led by Chairman Kevin Warsh,…
For young Americans who turn a study-abroad experience into a move overseas, taxes can become an added challenge. Living abroad does not necessarily mean paying tax twice, but Americans may have to navigate filing requirements in both the U.S. and their country of residence. Erin Collins, who leads the Taxpayer Advocate Service, an independent organization…
US President Donald Trump speaks during the Trump Accounts Launch Summit in Washington, DC, US, on Wednesday, Jan. 28, 2026. Valerie Plesch | Bloomberg | Getty Images As year-end approaches, millions of families have a new deadline: Dec. 31 is the last chance to make Trump Account contributions for 2026. The due date also applies…
The US Treasury Department in Washington, DC, US, on Monday, Dec. 15, 2025. Al Drago | Bloomberg | Getty Images With 10-year treasury yields breaching the 5% market and reaching their highest level since 2007 on Tuesday, the market has been spooked, but bond investors are thinking more seriously about whether this may be an…
Anchiy | E+ | Getty Images When it comes to homebuyers‘ credit scores, changes are under way — and there could be more to come. After decades of allowing lenders to only factor a “classic” score from provider FICO into their decision to extend a loan, Fannie Mae and Freddie Mac — government-sponsored enterprises that purchase…
US President Donald Trump, right, and Kevin Warsh, chairman of the US Federal Reserve, during a swearing-in ceremony in the East Room of the White House in Washington, DC, US, on Friday, May 22, 2026. Yuri Gripas | Bloomberg | Getty Images Market-watchers expect the Federal Reserve to raise the target federal funds rate by one-quarter…
Maskot | Maskot | Getty Images Car shoppers often focus on the sticker price and monthly payment, but those are only the start of the costs they face. Drivers in the U.S. spend an average of $5,851 annually on car ownership, according to new research from Insurify, an insurance comparison site. The biggest piece of…
People walk with umbrellas outside of the U.S. Capitol on July 9, 2026. Finn Gomez | Getty Images As Social Security faces a funding shortfall, some lawmakers have renewed calls to raise taxes on high earners to help shore up the program. Proponents of the strategy, who until recently have all been Democrats, now include several Republicans….
The crude oil tanker Giannis unloads its cargo of Middle Eastern crude at the Motor Oil terminal in Agioi Theodoroi, near Corinth, Greece, on August 24, 2026, following its departure from the United Arab Emirates’ bunkering hub of Fujairah. The tanker is operated by Greece-based Dynacom Tankers Management, a fleet manager whose vessels operate across…