Business

(WASHINGTON) — The chief executives of the nation’s top social media companies will testify before Congress on Wednesday in a hearing intended to drum up support for federal legislation to safeguard children from the online world. The Senate Judiciary Committee will hear from Linda Yaccarino, the chief of X, formerly known as Twitter; Shou Chew, […]

(WASHINGTON) — Washington, D.C., and Wall Street will closely watch an announcement from the Federal Reserve on Wednesday about whether to shift its benchmark interest rate. The move marks the first such decision since the Fed said last month that it expects to cut rates in 2024. Economists expect the Fed to leave rates unchanged, […]

(WASHINGTON) — When then-President Donald Trump falsely declared victory days after Election Night in 2020, dozens of CEOs at the nation’s top companies assembled on a Zoom call to prevent what they feared could be the end of democracy in the U.S. As Trump stands poised to win the Republican nomination in the 2024 contest, however, […]

(NEW YORK) — As the 2024 tax season kicked off across the nation Monday, the Internal Revenue Service is offering some new services it says will help make filing easier for taxpayers. The IRS is now offering Free File and Direct File for qualifying taxpayers and expanded in-person services through its Taxpayer Assistance Centers. The […]

(NEW YORK) — Manhattan District Attorney Alvin Bragg is raising red flags on what he calls a growing problem linked to the rise of mobile payment services such as Venmo, Zelle and Cash App. And Bragg said he is looking forward to working with those companies to secure people’s money. Bragg told ABC News’ GMA3 […]

(NEW YORK) — As the tax filing season began Monday, the IRS Criminal Investigation division urged taxpayers to protect themselves from scams. Some of those scams include questionable refund schemes, return preparer fraud, abusive tax schemes, according to the agency. “Tax crimes surge during filing season because criminals steal unknowing taxpayers’ information, hack into the […]

(NEW YORK) — Former president Donald Trump trounced his Republican opponents in the first two primary contests, setting the course for a potential general election rematch with likely Democratic nominee President Joe Biden. The decisive issue, according to polls, may prove to be the economy. Seventy-four percent of Americans say the economy is very important […]

(NEW YORK) — You’ve seen them on the roads, at the local Walmart, maybe in your neighbor’s driveway. Electric vehicles are proliferating across the nation, yet so many Americans still have questions about these battery-powered trucks and cars: Where do I charge them? What if I run out of range? Can I afford one? Energy […]

(MONTPELIER, Vt.) — In a yellow-walled conference room at the Vermont statehouse this week, one attendee ate ice cream and another bounced a toddler on her lap — but all were focused on a bill that would tax personal wealth for the first time in U.S. history. At the committee meeting, legislators took up a measure […]

(NEW YORK) — As car prices have climbed in recent years, bright-colored signs at dealerships and boldface headlines have blared warnings to buyers. But less attention has been paid to the jump in price for a stiff expense that comes along with the vehicle: insurance. Car insurance rates have climbed 36% since January 2020, according […]