As the dust settles in Washington over the Senate tax reform, clear winners and losers are emerging. Tobie Stanger, Senior Editor at Consumer Reports, breaks down the pros and cons of this potential bill.
Stanger's clear winners: Those who take the standard deduction, families with dependents, teachers of grades K-12, people with expensive medical bills, and wealthy, self-employed people.
Plus, there is a clause that gives a tax break to people who own golf courses. We'll let you take a guess at who owns several courses in America...
North Korea says leader Kim Jong Un oversaw a successful flight test of a hypersonic missile he claimed would remarkably increase the country’s “war deterrent.”
Prices paid by U.S. consumer jumped 7% in December from a year earlier, the highest inflation rate since 1982.
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday during his confirmation hearing that it is time to wind down the central bank's aggressive pandemic-era policies.
President Biden on Tuesday called on the Senate to change its rules to allow the passage of voting rights legislation in his most pointed remarks yet on the issue.
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U.S. employers added a modest 199,000 jobs last month while the unemployment rate fell sharply, at a time when businesses are struggling to fill jobs with many Americans remaining reluctant to return to the workforce.
A top Tennessee House Republican lawmaker has apologized for losing his temper and being ejected from watching a high school basketball game after getting into a confrontation with a referee.
Locked in a dispute over his COVID-19 vaccination status, Novak Djokovic was confined to an immigration detention hotel in Australia on Thursday.
President Joe Biden addressed the nation Thursday from the U.S. Capitol Building, as it marks one year since rioters breached the building in a deadly attack.
Federal Reserve policymakers at a meeting last month said the U.S. job market was nearly at levels healthy enough that the central bank's low-interest rate policies were no longer needed.
