Business

Nearly a month has passed since President Trump last spoke publicly of his desire to kill the carried interest loophole. (Yes, we know, some of you don’t consider it a “loophole.”) And yet the private equity industry, which stands to lose big if the president upends the tax break, is still bracing for a fight….

At the end of February, the House of Representatives passed a budget calling for up to $4.5 trillion in tax cuts over 10 years. Now, the haggling begins. Many of the tax cuts from the 2017 tax bill, which passed during President Trump’s first term, are set to expire at the end of this year….

Bonus depreciation is a good idea, an auto interest deduction isn’t.

Residents walk along the damaged foreshore of Nobby’s Beach located on the southern end of the Gold Coast on March 7, 2025. David Gray | Afp | Getty Images Ex-tropical cyclone Alfred lingered off the south-east Australian coast on Saturday and forecasters said Brisbane is likely to miss the worst of the storm, a relief…

Verizon (VZ) is bringing back an unlimited data plan. Starting Monday, Verizon customers can get unlimited data, talk and text for $80. The company says the new introductory plan also includes up to 10 GB of mobile hotspot usage, as well as calling and texting to Mexico and Canada. It will also allow customers to…

Imagine you’re sitting in a team meeting when your manager cracks a joke. Everyone laughs, the meeting carries on, and your manager likely feels good about themselves—after all, leaders are often told that humor is a way to lighten the mood, reduce stress, and boost morale. Indeed, scholars and practitioners alike have highlighted its benefits:…

The stock market suffered its worst week in many months, after a series of dizzying policy shifts on tariffs from the White House amid simmering concerns about the health of the economy. The S&P 500 seesawed throughout the day on Friday, marking a volatile end to a turbulent week, as investors parsed the latest employment…