Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...

The thing about a bill that's nearly 900 pages long, of course, is that understanding what it contains is no easy feat – and leaves plenty of room for each party to focus on the parts it wants to talk ...

The decades following World War II were broadly prosperous, but conditions began changing in the 1970s. Class inequality has increased enormously since then, according to government data, while income ...

The convergence of multiple crises—including the COVID-19 pandemic, geopolitical fragmentation, climate shocks, digital disruption, and economic precarity—has exposed the fragility and limitations of ...

The National Association of Realtors, which did a study on how many homeowners could hit capital gains equity limits, is ...

Medicaid work requirements are part of the One Big Beautiful Bill spending law, but Arizona already had its own state work ...

Texas should institute a state income tax. So should Florida and Tennessee, along with all U.S. states that presently don’t ...

Here’s what’s been proposed—and why it never happens. Fresh off his shellacking of former New York governor Andrew Cuomo in ...

The landmark “Big Beautiful Bill” that President Donald Trump signed on July 4 will affect the finances of hundreds of ...

Europe lacks quality alternatives to some of the most needed and desired defense equipment that U.S. companies produce.