For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...

A letter signed by 77 Nobel laureates opposing the confirmation of Department of Health and Human Services (HHS) Secretary ...

The U.S. Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and ...

President Donald Trump issued a host of executive orders on his first day, aiming to reverse many of former President Joe Biden’s policies and kick-start his own “America First” agenda.

November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 ...

Noted hedge fund manager Scott Bessent was confirmed as 79th head of the U.S. Department of the Treasury by a vote of 68-29 ...

President Trump has delivered a decisive blow to the Biden administration's ambitious global tax plans, effectively rendering them null and void. In an unprecedented move, former President Trump, ...

Mr. MacBride joined the Department after eight years as a Davis Polk litigation partner, during which time he co-led the firm's White Collar Defense & Investigations practice and served as head of the ...

The White House budget office has ordered a pause in grants, loans and other federal financial assistance, according to a ...

U.S. Senator Tommy Tuberville (R-Ala.) and Congressman Warren Davidson (R-OH-08) have re-introduced the Repealing Big Brother ...

Canadians are saving $11 million every year because of the penny, a Canadian official told Newsweek. Could the U.S. follow?

President Donald Trump ordered the U.S. out of a global tax deal that included a global minimum tax rate of 15% aimed in part at discouraging tax havens.