What’s in the GOP tax bill? An $815 tax cut for middle-class households — and $44,000 for millionaires

Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending bill that’s now headed to the Senate for a vote.
Insurers brace for impact with above-average hurricane season forecast

John Cangialosi, Senior Hurricane Specialist at the National Hurricane Center, inspects a satellite image of Hurricane Beryl, the first hurricane of the 2024 season, at the National Hurricane Center on July 1, 2024 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Government scientists on Thursday released a forecast for the 2025 […]
The stock market is ignoring how Trump’s policies are damaging the dollar and global economic growth

Trump’s tariffs stunned Main Street. Now they could starve Wall Street.
Epic Universe opens as Universal leans into parks, takes on Disney

The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Thomas Simonetti | Bloomberg | Getty Images ORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop. For years, Universal’s […]
April home sales dropped to the slowest pace for that month since 2009

A “Sale” sign in front of a home in Washington, DC, US, on Thursday, May 8, 2025. Nathan Howard | Bloomberg | Getty Images The spring housing market continues to struggle amid high interest rates and low consumer confidence. Sales of previously owned homes in April fell 0.5% from March to a seasonally adjusted, annualized […]
Surge in Treasury yields points to U.S. debt concerns as Trump’s tax bill advances. Investors want this fix.

There’s a list of things the White House could do to lower yields, but signing an executive order isn’t one of them, one portfolio manager said.
Cadillac EVs are attracting new customers, including Tesla owners

A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023. Rebecca Cook | Reuters DETROIT — Cadillac’s expanding all-electric vehicle lineup is attracting a notable number of new buyers to the American luxury brand, including an increase this year […]
Bitcoin tops $110,000: Why the milestones keep coming

The inexorable rise of the cryptocurrency continues and the milestones keep coming
Fanatics Fest skills challenge pits fans vs. celebrities for $2 million

Tom Brady attends Fanatics Fest NYC 2024 at Jacob Javits Center in New York City on Aug. 16, 2024. Dave Kotinsky | Getty Images Entertainment | Getty Images Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company announced Tuesday it is introducing […]
The surprising factor that’s driving up home-foreclosure rates

One of the leading drivers of foreclosures in the U.S. is extreme weather, First Street says.