Taxes

Business Highlights

___ Ford names Lincoln chief to replace ousted N. American head DETROIT (AP) — A veteran Ford Motor Co. executive who was leading the Lincoln luxury brand has been picked to lead North American operations, replacing an executive who was ousted this week over allegations of inappropriate behavior.

5 ways Americans cheat on their taxes

While there are plenty who deceive their significant others, a vast majority of Americans “value honesty” when filing their income taxes.

White House says US could reach 3 percent growth rate

The White House top economist says the U.S. could achieve annual growth rates of 3 percent through the next decade if President Donald Trump's policies on regulations and infrastructure are enacted.

Where to turn for tax help

Tax returns surge over Presidents Day weekend, with the IRS saying it receives more phone calls on the day after Presidents Day than on any other day of the year.

Sears: 4Q sales drop but it expects a profit

Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform.

Trump shows willingness to raise fuel taxes

President Donald Trump is signaling his openness to a 25-cent fuel tax increase to help pay for his infrastructure proposal in a meeting with members of Congress.

Fannie Mae loses $6.5B in fourth quarter on tax change

Sweeping changes to U.S. tax law led to a $6.53 billion loss at Fannie Mae last quarter, putting the government-controlled mortgage company in the position of seeking cash assistance from taxpayers for the first time since it emerged from the housing crisis six years ago.