2025 tax season: What do returns look like so far this year?
New data from the Internal Revenue Service shows that the average tax refund amount is up over 3% from a year ago, though the number of refunds issued is down by more than 1%.
Trump signs executive order aimed at boosting US prescription drug manufacturing
President Donald Trump signed an executive order to encourage domestic prescription drug manufacturing and cut down on the time it takes to approve U.S. pharmaceutical plants.
Treasury Secretary Bessent tells investors Trump's policies will deliver 'golden age economy'
Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, including tax cuts and deregulation, will spur economic growth.
Stablecoin bill, originally bipartisan, hits snag as Dems splinter
Sen. Bill Hagerty is spearheading legislation to regulate stablecoin, a cryptocurrency linked to fiat currencies like the dollar, but he has hit a snag.
Trump floats reopening Alcatraz – here’s how much revenue the notorious prison generates
President Donald Trump said he's directing federal agencies to reopen the federal prison at Alcatraz, which closed in 1963 over cost concerns and is now a popular tourist attraction.
Australia's prime minister says he had 'warm' conversation with Trump on tariffs after recent re-election
Australian Prime Minister Anthony Albanese said he had a "warm conversation" with President Donald Trump about tariffs after he was re-elected over the weekend.
President Trump vows to extend ‘Tik Tok’ ban deadline until a deal is struck
Trump vowed to delay the ban until a deal could be struck to sell the social media app to a U.S. owner.
Chevron CEO warns against company's possible departure from Venezuela amid negotiations with Trump admin
Chevron CEO Mike Wirth issued a stark warning on the energy and national security concerns stemming from the company's possible departure from Venezuela.
Buffett criticizes Trump's tariffs rollout, says US shouldn’t use 'trade as a weapon'
Legendary investor Warren Buffett railed against President Donald Trump’s tariffs arguing that employing trade as a “weapon" has antagonized international relations.
Trump's 'golden age' is inspiring Kid Rock to make big gamble on stocks
Music legend Kid Rock reacts to President Donald Trump’s Michigan rally, calling it proof of a strong start to a “golden era" for the American economy.
IRS says tax collection is more efficient this year, and receipts are up more than 5%
The Treasury Department and IRS are working to make the tax collection agency more efficient, which has included a focus on updating outdated IT systems.
Trump energy chief touts $24B in consumer savings by striking appliance regulations
Wright touted consumer savings from Trump administration policies during a tour of a water heater factory near Atlanta.
How Trump's mineral deal opens Ukraine up to US investment
Ukrainian executive champions the U.S. minerals deal as a way to open Kyiv to private investment and expand energy security that has been a chief target in Russia's war.
The beginning of Trump's 'golden age' is here and putting 'more money' in your pocket, labor secretary says
"The golden age is here," according to Trump's labor secretary, who predicts that jobs numbers will "continue to go up" throughout the president's administration.
Trump admin releases budget blueprint in push for defense spending boost
The Trump administration is releasing its "skinny" budget blueprint outlining its fiscal priorities, which will include a focus on boosting the defense budget.
Trump again says Fed should lower interest rates after better-than-expected jobs report
President Donald Trump called on the Federal Reserve to lower interest rates, saying consumers "have been waiting for years to see pricing come down."
Trump closes tariff loophole on cheap online goods from China
President Donald Trump has closed a tariff loophole that allowed Chinese e-commerce giants like Shein and Temu to sell low-cost goods in the U.S. without paying duties — a move that is expected to drive up prices for American consumers.
Behind the scenes: Tech titans meet Trump, Apple's Cook praises pro-business policies
Apple's Tim Cook spoke by satellite and 20 other AI and tech executives joined the White House to discuss onshoring and building up American manufacturing.
Small businesses need immediate tariff relief, Chamber of Commerce warns
The U.S. Chamber of Commerce is urging the Trump administration to grant small businesses exclusions from tariffs that may impose a financial hit that threatens their existence.
Trump's tax cuts: Where we stand
Treasury Secretary Scott Bessent says a tax bill that will extend the Tax Cuts and Jobs Act of 2017, put in place during President Donald Trump's first term, is on pace to be completed by July,



















