The Internal Revenue Service (IRS) is setting up a new division with the billions in new funding it received in the Inflation Reduction Act to go after uncollected taxes sheltered in companies that pass their tax liability through to their individual owners. These kinds of businesses are known as “pass-through entities” and often take the...
Federal Reserve Chairman Jerome Powell is scheduled to speak with the media Wednesday afternoon following a two-day meeting of the Federal Open Market Committee (FOMC), the panel tasked with setting interest rates. No change in rates is expected. Previous significant hikes appear to be working, albeit with some reversals in the last two months. Inflation...
Florida Gov. Ron DeSantis has released his energy independence plan that the presidential hopeful says will lower the price of gas to $2 a gallon by 2025 and achieve "American energy dominance."
The Republican Legislature of Wisconsin has struck down a special session over a $1 billion pandemic-era child care program supported by Democratic Gov. Tony Evers.
Students for Fair Admissions is suing the U.S. Military Academy at West Point over alleged racial composition "goals" after the Supreme Court's affirmative action ruling.
Democrat Sacramento County district attorney's lawsuit alleges homelessness exploded by 250% in past seven years despite city spending millions to stop it.
Special counsel David Weiss said he opposes Hunter Biden's request to appear for his arraignment virtually, citing the “serious felony gun charges at issue" in the case.
Donald Trump Jr. confirmed that his account on X, the platform formerly known as Twitter, was hacked Wednesday after it began spreading outrageous posts.