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Fed's Waller still open to cutting interest rates later this year
Federal Reserve Governor Christopher Waller said Sunday that interest rate cuts remain possible later this year even as the ...
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Illinois Democrats Pass $55.5B State Budget With New Taxes on Sports Betting, Nicotine Products
The $55.2 billion spending plan is supported by $55.3 billion of revenue, including just over $1 billion in new taxes and ...
Can Trump fix the national debt? Republican senators, many investors, and even Musk have doubts.
President Trump faces the challenge of convincing Republican senators, global investors, voters, and even Elon Musk that he ...
Trump’s budget bill cuts off the green-energy cash spigot — and it’s about time
Far from being temporary, federal tax credits for green-energy projects have become a permanent crutch — while socking us ...
Illinois lawmakers pass $55.2B budget. Here's what you need to know
Giving almost no time for public review, Illinois Democrats pushed through a $55.2 billion budget for next fiscal year late ...
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Marginal tax rate: What it is and how to find yours
In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate ...
GOP rejects ‘millionaire tax’ pitch, advancing breaks for rich Americans
Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald ...
What the Trump Tax Plan Could Mean for High Earners
The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...
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Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday ... But economists say that is the threat created by Trump's sweeping tariffs. The import taxes could both lift inflation by making ...