ALBANY — Taxes should go down for the average Long Islander under the new federal megabill, tax analysts told Newsday, with the biggest benefits going to people with high incomes and large mortgages. The sweeping bill that President Donald Trump signed into law on July 4 extends and builds on a number of changes put in place during his first term under …
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Why Trump’s next Fed chair may not deliver the interest-rate cuts investors expect MarketWatch Trump admin updates: Trump wants Senate to cancel August recess to work on nominees ABC News Firing Powell Would Shatter the Economy’s Inflation Defenses – WSJ The Wall Street Journal How Trump is building a case to fire the Fed chair, explained CNN Trump firing Fed Chair Jerome Powell won’t …
Read More »Trump’s tariffs could upend U.S. trade with E.U., a global export power The Washington Post Trump Tariffs: EU Is Racing to Secure US Trade Deal and Preparing for the Worst Bloomberg.com EU to ramp up retaliation plans as US tariff deal prospects dim Reuters Dow closes more than 100 points lower after report says Trump seeks at least 15% tariff on EU imports: …
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It’s been about two weeks since President Donald Trump’s “big, beautiful bill” became law, and financial advisors and tax professionals are still digesting what the sweeping legislation means for clients. Meanwhile, several changes are effective for 2025, which will impact tax returns filed in 2026. While the Trump administration has been promoting “working family tax cuts,” the legislation’s impact depends …
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A federal judge tossed out Donald Trump‘s lawsuit against Bob Woodward, Simon & Schuster and Paramount Global over the legendary investigative journalist’s use of his recordings of interviews with the president for an audiobook. In his 2023 lawsuit, Trump had claimed that he had a copyright and contract interest in the audio recordings, interviews which were initially used in Woodward’s …
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Americans think President Donald Trump’s sweeping immigration crackdown has crossed the line. A CNN/SSRS poll released Sunday showed that 55 percent of Americans think that Immigration and Customs Enforcement (ICE) raids are going too far. A new CBS News/YouGov poll also found 52 percent of Americans say that the administration is trying to deport more people than they expected. A …
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The White House just spent six months jamming a massive legislative package through Congress with almost no margin for error. Now comes the real challenge. Donald Trump’s aides and allies are embarking on a concerted bid to sell the president’s “big, beautiful bill” to voters who are mostly unfamiliar with its specifics and skeptical of what little they have heard …
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CNN — America’s love for coffee has made the dark brewed beverage the most popular drink in the country. US adults drink 516 million cups of coffee every day, even though coffee prices have almost doubled in the past five years. The United States is the largest importer of coffee in the world, and its biggest supplier is Brazil. Earlier …
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Spend enough time in the kitchen and you’ll learn which luxury ingredients are worth their salt. Parmigiano Reggiano is one of them. Reliable, rich and impossible to fake. You don’t need a microplane or a pasta machine to know its worth; even a humble buttered noodle is elevated by a curl of the real stuff. It’s nutty and crystalline, aged …
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