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...
Congress has passed a bill to fund the government for another week, giving lawmakers time to reach an agreement on a new coronavirus relief bill.
The final vote was 84-13, mirroring a similarly overwhelming margin in the House that, if maintained in both chambers, would be enough to override a potential veto.
Gun and ammunition sales have surged this year in the U.S. Michelle Castillo investigates.
Several states along with the Federal Trade Commission have launched lawsuits against Facebook for snuffing out competition through acquisitions. Cheddar's Michelle Castillo reports.
Stockton, California Mayor Michael Tubbs, started a pilot UBI program in 2019 that just got a big boost in funding from Twitter CEO Jack Dorsey.
The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.
Lawmakers are embracing a one-week extension of government funding to buy time for more COVID-19 relief talks.
Connecticut Attorney General William Tong joined Cheddar to discuss the multi-state antitrust lawsuit against the social media giant Facebook even as the FTC filed its own legal action.
Rep. Jim Clyburn, the Democratic congressman from South Carolina, stood up for President-elect Joe Biden's Cabinet selections so far.
Deaths from the coronavirus in the U.S. have soared to more than 2,200 a day on average.
