Most Americans support the Trump-era tax cuts, but Congress now faces the difficult task of deciding what taxpayers might have to sacrifice in order to maintain them. The Tax Cuts and Jobs Act of 2017, championed by then-President Donald Trump, delivered significant tax reductions, particularly for corporations and high-income earners. However, many of these cuts … Read more
Home sales in 2024 dropped to their lowest level in nearly three decades as high mortgage rates and high property prices discouraged both buyers and sellers from participating in the housing market. Americans sold just 4.06 million previously-owned homes throughout the year, marking the lowest annual total since 1995, according to data released Friday by … Read more
Costco shareholders overwhelmingly rejected a proposal from a conservative think tank urging the company to assess the business risks associated with its diversity initiatives. According to preliminary results shared by Costco Chairman Hamilton “Tony” James, more than 98% of the shares voted against the proposal. James, along with other board members, had recommended that shareholders … Read more
President Donald Trump signed an executive order on Thursday night aimed at advancing government regulation of cryptocurrency, with the goal of positioning the U.S. as the “crypto capital of the planet.” The order creates a cryptocurrency working group to propose new regulations for digital assets and explore the creation of a national cryptocurrency stockpile. This … Read more
The three wealthiest Americans—Elon Musk, Jeff Bezos, and Mark Zuckerberg—sat together on Monday in a VIP section during the second inauguration of President Donald Trump. It was a historic moment, showcasing a literal concentration of wealth, as the core of a group of billionaire guests with a combined worth exceeding $1 trillion gathered. Images of … Read more
On Thursday, President Donald Trump declared that the “Golden Age” of America had begun, announcing that the country was “back and open for business” in his address to business and political leaders at the annual World Economic Forum in Davos, Switzerland. Joining the event remotely from the White House, Trump discussed his decision to declare … Read more
Bud Light, Crocs, and Doritos are just a few of the many brands that have teamed up with Post Malone over the years. As 2025 begins, the rapper-turned-country star has now announced an exciting new collaboration with America’s iconic “wonderfilled” cookie, Oreo. The Limited Edition Post Malone Oreo Cookies feature a unique swirled creme with … Read more
Get ready to see more electric delivery vans in your neighborhood and on the roads. Rivian, the electric vehicle (EV) company, will begin selling its large commercial delivery vans to customers outside of Amazon starting in February. According to Erica Tsypin, director of fleet solutions at Rivian, the vans will offer reduced operating costs and … Read more
Investors are buzzing with excitement over the possibility of a repeat performance, especially given the impressive stock market gains during Donald Trump’s first term in the White House. Under his leadership, the Dow Jones Industrial Average (DJINDICES: ^DJI), the benchmark S&P 500, and the growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) surged by 57%, 70%, and 142%, … Read more
Netflix is kicking off the new year with a price increase for its subscription plans. This price adjustment, which marks the first hike in the U.S. since October 2023, follows the company’s announcement of adding an impressive 19 million new subscribers in the most recent quarter, bringing its total membership count to 302 million. As … Read more