Money

President Biden on Monday unveiled a new minimum tax targeting billionaires as part of his 2023 budget request, proposing a 20% rate that would hit both the income and unrealized capital gains of the wealthiest Americans.

Though the U.S. is known for its innovation, some states are bigger contributors to that reputation than others.

Interest rates will rise for the calendar quarter beginning April 1, the IRS has said, an increase that could have important consequences for late tax filers.

U.S. adults with unpaid health care bills experience a number of financial ramifications, according to a new survey.

Nine members of an alleged retail theft ring in Los Angeles, California, have been charged.

New York’s pension systems want to dump nearly $300 million invested in the Moscow stock market, but can’t because Russia has blocked foreigners from selling shares.

A new survey by Facebook parent Meta Platforms finds that one in five small businesses worldwide, or 20%, reported they were not operational or engaging in any revenue-generating activities in January

The Crossroads of America is home to multiple Fortune 500 companies, along with the Indianapolis 500.

The United Mine Workers went on strike Apr. 1, 2021 when contract negotiations failed to end in agreement.

More than half of U.S. households paid no federal income taxes in 2021, a temporary spike attributed to massive COVID-19 relief spending in the form of tax credits and stimulus payments.

A major Russian steel company is on the verge of default after Citigroup froze its debt payment.

Millions of out-of-work Americans who collected unemployment benefits as a result of the COVID-19 pandemic could face an unpleasant surprise when they file their taxes this year.

FOX Business' Stuart Varney breaks down the potential global food shortages that could impact Americans.

No taxpayer wants to hear from the IRS unless it involves a refund, and they don't want to have to reach out to you, either. So, the agency shared tips on how to avoid getting a dreaded letter from the tax man.

Social Security recipients may see a higher COLA increase in 2023 if inflation persists, according to a nonpartisan advocacy group.

Edward Johnson III, the man who transformed Fidelity Investments into the Wall Street and investment giant it is today, died on Wednesday at the age of 91, his family has confirmed.