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...
America’s cities boarded up windows, swept up glass and covered graffiti Sunday as the country's most significant night of protests in a half-century spilled into another day of unrest fueled by killings of black people at the hands of police.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Minnesota authorities say the police officer who knelt on George Floyd has been arrested
Stock indexes edged mostly higher in afternoon trading Friday after President Donald Trump outlined several actions in response to China eroding the autonomy of Hong Kong, but did not mention any moves to upend a trade pact struck with Beijing earlier this year.
President Donald Trump has announced that the U.S. will be terminating its relationship with the World Health Organization.
Some upstate New York business owners who made plans to reopen Friday remain closed amid last-minute confusion over whether their region indeed has the OK to move forward
Twitter has added a warning to one of President Donald Trump's tweets about protests in Minneapolis, saying it violated the platform's rules about “glorifying violence."
Cheering protesters torched a Minneapolis police station that the department abandoned as three days of violent protests spread to nearby St. Paul and angry demonstrations flared across the U.S over the death of George Floyd, a handcuffed black man who pleaded for air as a white police officer kneeled on his neck.
U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
Wall Street’s rally ran out of fuel in the last hour of trading on Thursday, and the market fell to its first loss in four days amid worries about rising U.S.-China tensions.
