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‘De minimis’ exemption ends globally

The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump.  For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty-free and with less oversight. Now,…

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Trump admin fires EPA employees over letter of dissent

The Trump administration on Friday informed eight employees of their termination after their decision to sign a letter of dissatisfaction with the current policies in the Environmental Protection Agency (EPA), Associated Press. Report. The EPA said, “The Environmental Protection Agency has a zero-oppression policy for career officials using its agency’s status and title status and…

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More Americans are tapping their 401(k)s for cash—it should be a ‘last resort,’ says CFP

When faced with a financial emergency, Americans are increasingly tapping their retirement accounts to come up with the cash. Last year, some 4.8% of plan participants took hardship withdrawals from 401(k) plans, according to Vanguard, up from 3.6% in 2023. As Vanguard researchers note, the prevalence of automatic enrollment means that more workers than ever…

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