KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...

KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings ...

The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...

President Donald Trump wants to end the carried interest loophole. Here’s how the tax break benefits Wall Street investment ...

Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...

President Trump met with Republican lawmakers on Thursday, February 6, 2025, to outline his tax priorities, including extending the 2017 tax cuts ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

Savers have been reminded that they could get an unexpected bill from HM Revenue and Customs (HMRC) due to interest earned - ...

The Income-tax Bill cuts some clutter of the existing Act and introduces new illustrative tables, while maintaining ...