ECONOMICS

Soaring inflation may mean lower tax bills for some as IRS raises brackets

Soaring inflation may mean lower tax bills for some as IRS raises brackets Some Americans may have lower tax bills when they file for 2023 after the… Read more

Despite 'defunding' claims, police funding has increased in many US cities

In Los Angeles, the county sheriff says local residents are in danger because "defunding has consequences" -- even though his agency's budget is… Read more

US sending $725 million more in military aid to Ukraine

WASHINGTON -- The Biden administration will send Ukraine a new $725 million package of weapons and other military assistance, the White House said… Read more

Chinese ambassador thanks Musk for proposal on Taiwan

China's ambassador to the United States has thanked billionaire Elon Musk for proposing a special administration zone for Taiwan but stressed Beijing's… Read more

Truck driver in horrific 2019 New Hampshire crash acquitted in deaths of 7 motorcyclists'

 A jury on Tuesday acquitted a commercial truck driver of causing the deaths of seven motorcyclists in a horrific head-on collision in northern New… Read more

CEOs say they are raising prices, cutting costs as inflation dominates post-earnings conversations.

Goldman Sachs CEO David Solomon set the tone early this earnings season when he said inflation is “deeply entrenched” in the U.S. economy and impacting… Read more

Cryptoverse-Holding your breath for a bitcoin bounce

July 19 (Reuters) - If you're waiting for a bitcoin recovery, you may have to sweat it out for months. That's the conclusion of some technical… Read more

Biden bans Russian oil, warns of higher prices at US pumps

WASHINGTON  — President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation… Read more

White House: File your taxes to get full child tax credit

The Biden administration is kicking off an outreach campaign to get millions of families to file their taxes — so they can receive the second half… Read more