Business News

Trump Expresses Reservations Over Using 401(k) Funds for Home Purchases Despite Affordability Concerns

Despite economic advisers’ push for policy changes to ease housing costs, President highlights retirement account growth as a counterpoint

President Donald Trump has openly expressed skepticism about proposals to allow individuals to tap into 401(k) retirement savings for home buying purp...

Complexities Await U.S. Oil Interests in Venezuela, Echoing Iraq’s Post-Invasion Challenges

Security, governance, and ownership disputes temper the prospects for rapid oil investment in Venezuela despite large reserves

The recent capture of Venezuela’s former president Nicolás Maduro draws a parallel with the U.S. invasion of Iraq in 2003, both involving nations r...

Federal Tax Refunds Expected to Rise Significantly in 2025 Filing Season

Expanded tax benefits and unchanged payroll withholding set to boost average refunds for many Americans

As the 2025 federal income tax filing season commences, many taxpayers may notice a significant increase in their refunds compared to previous years. ...

Social Media Titans Face Landmark Trial Over Youth Mental Health Allegations

Meta, TikTok, and YouTube Defend Against Claims of Addiction and Harm to Young Users

A groundbreaking trial commencing in Los Angeles will hold social media behemoths Meta, TikTok, and YouTube accountable for alleged designs that foste...

New Medicare Pilot Program Imposes Prior Authorization Requirements in Six States

Traditional Medicare participants in select states now face preauthorization for numerous medical services under a federal pilot program

A new pilot initiative affecting traditional Medicare enrollees in six states requires prior authorization for 17 specified medical procedures. This d...

Understanding Your Social Security Break-Even Age to Optimize Benefit Timing

A Comprehensive Guide to Weighing Claiming Ages Against Long-Term Financial Outcomes

Deciding the appropriate age to claim Social Security benefits is a critical retirement planning decision with lasting impact on monthly income. The b...

Scaramucci Highlights Risks of Short-Term Focus Amidst Robust U.S. GDP Growth

Calls for Extended Economic Vision to Sustain America's Competitiveness

Anthony Scaramucci has emphasized the challenge posed by Washington's short-term political agenda despite strong U.S. economic growth highlighted by a...

Strategies to Avert Social Security Benefit Reductions Amid Financial Challenges

Exploring Potential Reforms to Sustain the Social Security Trust Fund Through 2033 and Beyond

Social Security faces looming financial difficulties due to rising costs outpacing revenue, primarily because of demographic changes such as an aging ...

Understanding Changes to Medicare Part D Plans in 2026

A detailed look at potential premium, deductible, copay, and pharmacy network adjustments affecting prescription drug coverage

Medicare Part D plans, which cover prescription medications, frequently undergo modifications each year, affecting enrollees’ costs and pharmacy opt...

Essential Financial Steps for Retirees to Complete Early in the Year

A practical guide to managing retirement responsibilities before the January deadline

As the new year unfolds, retirees face critical financial and administrative tasks to ensure compliance with regulations and maintain sound financial ...

President Signals Possible Withdrawal of Immigration Agents from Minneapolis Amid Protests

Calls for Ending Sanctuary Cities Accompanied by Federal Review of Minneapolis Incident

President Donald Trump indicated a potential future removal of immigration enforcement personnel from Minneapolis following a fatal shooting by a fede...

Marjorie Taylor Greene Urges Bipartisan Understanding Amid Minnesota Conflict, Warns of Potential Civil War

Former Representative Calls for Removing Political Biases as Tensions Rise Following Federal Agent-Involved Shooting

Marjorie Taylor Greene emphasized the need for both political sides to abandon partisan perspectives in response to unrest in Minnesota involving fede...