The “one big beautiful” tax-and-spending package President Donald Trump signed on Friday included several significant changes for higher education — among them, an increased tax on the endowment income of the nation’s top colleges. Instead of the existing flat 1.4% tax rate, there is now a new multi-tiered rate of up to 8%, with larger endowments subject…
Studio4 | E+ | Getty Images As President Donald Trump continues to negotiate the rate of tariffs that countries will ultimately pay to do business with the U.S., Americans are already feeling the pinch of higher prices — and many worry about their ability to pay down debt. About 78% of survey respondents say Trump’s…
Congress passed President Donald Trump‘s tax and spending package Thursday, ushering in major changes to Americans’ finances. The GOP’s marquee “one big beautiful” bill makes Trump’s 2017 tax cuts permanent while adding a senior “bonus” along with a bigger state and local tax deduction and higher estate and gift tax exemption. Among other tax provisions,…
Long-time market bull Tom Lee is considering two new themes for his Fundstrat Granny Shots US Large Cap ETF. On CNBC’s “ETF Edge” this week, he revealed sovereign security could soon make the cut. “It’s now evident to me that the mechanisms are in motion for companies to really fix their supply chains within a…
The Capitol at dawn during a vote-a-rama, on July 1, 2025 in Washington, DC. Al Drago | Getty Images News | Getty Images How to read this guide Follow along from start to finish, or use the table of contents to jump to the section(s) you want to learn more about. Need a refresher on…
Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. NYSE For over three years, venture capital firms…
Legislative Hall, the Delaware State Capitol, in Dover, Delaware Aimintang | Istock | Getty Images State and local government job growth powered the U.S. labor market’s expansion in June. Federal data released Thursday shows government jobs saw the largest month-over-month sector growth at 73,000. That means government jobs accounted for about half of the 147,000…
A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023. Dado Ruvic | Reuters Stocks tied to the price of ether, better known as ETH, were higher on Wednesday, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization. BitMine…
FILE PHOTO: A pedestrian passes a “Help Wanted” sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022. Brian Snyder | Reuters Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday, in a possible sign that the economy may not be as sturdy that investors believe…
Senate staffers rest on the U.S. Capitol steps at sunrise as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters How to read this guide Follow along from start to finish, or use the table of…
