For Trump’s ‘no taxes on tips,’ the devil is in the details
President Donald Trump’s promise to eliminate taxes on tips may sound like a windfall for service workers — but the fine print in Congress’ latest tax bill tells a more complex story.
USA
Democrats Hate Trump’s Policy Bill, but Love Some of Its Tax Cuts
There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.
U.S. and China to Hold Economic Talks in London
Top American economic officials will meet with their Chinese counterparts next Monday in hopes of breaking a trade stalemate, President Trump said.
Marina von Neumann Whitman Dead: International Trade Expert Was 90
She was the first woman to serve on the White House Council of Economic Advisers. At General Motors, she became one of the highest-ranking women in corporate America.
As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty
Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.
AmeriCorps is on the chopping block – despite research showing that the national service agency is making a difference in local communities
Many AmeriCorps crews, like this one seen at work in Maine in 2011, restore and renovate public parks. John Patriquin/Portland Press Herald via Getty ImagesHundreds of thousands of U.S. nonprofits provide vital services, such as running food banks and youth programs, supporting public health initiatives and helping unemployed people find new jobs.
Fired by DOGE, More Federal Workers Are Flooding the Job Market
The drastic, sudden pullback in federal dollars is collapsing opportunities for many who’ve spent years in public service.
Imports Plummet in April as Trump’s Tariffs Weigh on Trade
Americans bought fewer foreign pharmaceuticals, cellphones and cars, and cut purchases of machinery and other supplies.
How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
Trump’s 50% Tariffs on Steel and Aluminum Imports Go Into Effect
President Trump has doubled the rate on foreign metals to 50%, saying the levies weren’t high enough to help the U.S. industry.
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