Business

(NEW YORK) — As the tax filing season began Monday, the IRS Criminal Investigation division urged taxpayers to protect themselves from scams. Some of those scams include questionable refund schemes, return preparer fraud, abusive tax schemes, according to the agency. “Tax crimes surge during filing season because criminals steal unknowing taxpayers’ information, hack into the […]

(NEW YORK) — Former president Donald Trump trounced his Republican opponents in the first two primary contests, setting the course for a potential general election rematch with likely Democratic nominee President Joe Biden. The decisive issue, according to polls, may prove to be the economy. Seventy-four percent of Americans say the economy is very important […]

(NEW YORK) — As the 2024 tax season kicked off across the nation Monday, the Internal Revenue Service is offering some new services it says will help make filing easier for taxpayers. The IRS is now offering Free File and Direct File for qualifying taxpayers and expanded in-person services through its Taxpayer Assistance Centers. The […]

(NEW YORK) — You’ve seen them on the roads, at the local Walmart, maybe in your neighbor’s driveway. Electric vehicles are proliferating across the nation, yet so many Americans still have questions about these battery-powered trucks and cars: Where do I charge them? What if I run out of range? Can I afford one? Energy […]

(MONTPELIER, Vt.) — In a yellow-walled conference room at the Vermont statehouse this week, one attendee ate ice cream and another bounced a toddler on her lap — but all were focused on a bill that would tax personal wealth for the first time in U.S. history. At the committee meeting, legislators took up a measure […]

(NEW YORK) — As car prices have climbed in recent years, bright-colored signs at dealerships and boldface headlines have blared warnings to buyers. But less attention has been paid to the jump in price for a stiff expense that comes along with the vehicle: insurance. Car insurance rates have climbed 36% since January 2020, according […]

(CHICAGO) — With the economy looming large in the 2024 election, Treasury Secretary Janet Yellen said Thursday she sees “no reason” for a recession this year and insisted consumers are turning more optimistic about their finances. “I think 2024 is going to be a very good economic year. That said, there are always risks,” Yellen […]

(NEW YORK) — Apple Vision Pro, a mixed reality headset, arrives in stores next week promising a personal movie theater wherever users go and screen navigation at the tap of a finger. The buzzy product, however, bears a price sure to deflate some customers. The most affordable model runs $3,499 while a higher-powered version reaches […]

(WASHNGTON) — Energy Secretary Jennifer Granholm can relate to Americans’ anxiety over electric vehicles. The former governor of Michigan and longtime EV owner (who currently drives a Ford Mach-E) says she has experienced her own challenges with public charging on road trips. She has heard from drivers who are reluctant to give up their eight-cylinder […]

(NEW YORK) — Shares of Tesla plummeted more than 10% in afternoon trading on Thursday, less than 24 hours after the company reported earnings that fell short of expectations and cautioned of sluggish sales over the duration of this year. Revenue and profits missed analyst expectations over the three months ending in December, according to […]