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...
Stocks gave up an early gain on Wall Street and were mixed in late morning trading Tuesday while the price of oil continued its wild ride.
Stocks are rising in early trading on Wall Street as nations and some U.S. states move toward reopening their economies from lockdowns made to restrict the spread of the coronavirus.
Secretary of Housing and Urban Development, Dr. Ben Carson said that the rest of the country will learn a lot from Georgia's experiment.
Some Georgia restaurants began reopening dine-in areas in line with an executive order from Gov. Brian Kemp that went into effect Monday.
The senator told Cheddar Monday that banking through the U.S. Postal Service will be able to serve more people during the pandemic, specifically low-income families, who are more likely to be unbanked.
Stocks are closing higher on Wall Street and around the world as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic.
The Trump administration is reviewing new federal plans designed to guide restaurants, schools and others as states look to gradually lift their coronavirus restrictions. The draft guidance from the Centers for Disease Control and Prevention has been sent to Washington and still could change.
New York has canceled its Democratic presidential primary originally scheduled for June 23 amid the coronavirus epidemic in an unprecedented move. The Democratic members of the State’s Board of Elections voted Monday to nix the primary.
Stocks are rising around the world as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic.
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.
