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,…
Sopa Images | Lightrocket | Getty Images Scammers impersonating the President Donald Trump and Vice President JD Vance Inaugural Committee fraudulently stole hundreds of thousands of dollars in cryptocurrency, according to a complaint filed by the U.S. on Wednesday. The perpetrators used phony email addresses made to look like they belonged to the inaugural committee…
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Tesla CEO Elon Musk, who bombarded President Donald Trump‘s signature spending bill for weeks, on Friday made his first comments since the legislation…
The unemployment rate for recent graduates reached 5.8% in March 2025, according to the Federal Reserve Bank of New York. baona | E+ | Getty Images Formal degrees aren’t cutting it anymore for some industries. Instead, many companies are prioritizing skills and experience-based hiring, Sarah Skelton, co-founder and managing director of staffing and recruiting firm…
Participants march in the Reclaim Pride Coalition’s seventh annual Queer Liberation March in New York, June 29, 2025. Erik McGregor | Lightrocket | Getty Images Canadian citizen Robert Sharp was planning to visit Provincetown, Massachusetts — one of the most LGBTQ+-friendly places in America — for his friend’s milestone birthday in July. But against a…
Thai Son S.P. Co. garment factory in Thu Duc, Ho Chi Minh, Vietnam, on June 21, 2025. Daniel Ceng | Anadolu | Getty Images U.S. President Donald Trump announced a trade pact with Vietnam on Wednesday, but its scant details have left economists wondering about what it would mean for the flow of Chinese goods…
British Prime Minister Keir Starmer and his wife Victoria Starmer react as they greet Labour campaigners and activists at Number 10 Downing Street, following the results of the election, in London, Britain, July 5, 2024. Toby Melville | Reuters It’s been one year since Labour returned to power in a landslide victory that appeared to show…
House Republicans on Thursday voted to pass President Donald Trump’s massive budget bill, making good on a promise to deliver the legislation to the president’s desk by July 4. The bill promises continuity for taxpayers by permanently extending the cuts from the 2017 Tax Cuts and Jobs Act as well as a raft of new…
President Donald Trump’s landmark spending bill is ready to be signed into law after Republicans in both chambers of Congress eked out the necessary votes ahead of the GOP’s self-imposed July 4 deadline to send the legislation to the president’s desk. At its core, the bill permanently extends the tax cuts introduced in the 2017…
President Donald Trump’s One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a friendly environment for oil, gas and coal production. The House of Representatives passed Trump’s megabill Friday ahead of a White House-imposed deadline, after the Senate narrowly approved the controversial legislation Tuesday. Trump has made his…
