Midsize U.S. businesses could face a $82.3 billion hit if President Trump's tariff plan stands, creating potential for price hikes, layoffs, and hiring freezes, according to a new analysis by the JPMorganChase Institute.
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The Senate’s version of the “big, beautiful bill,” passed on Tuesday, includes a $6,000 tax deduction for Americans 65 or older. The provision does not entirely end taxes on Social Security, but it would zero out the Social Security tax burden for 88 percent of seniors, according to an estimate by Trump’s Council of Economic…
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Democratic lawmakers are calling out “rogue actors” in the Trump administration over the Pentagon’s halted shipments of certain munitions to Ukraine, insisting many people will die due to the pause. The paused shipments of air defense missiles and precision munitions, first reported by Politico, was done after a review of the Defense Department’s munitions stockpiles and…
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Former New York Governor Andrew Cuomo is considering whether to keep his name on the NYC mayoral ballot this fall, despite losing the Democratic primary. Rev. Al Sharpton says he should remove it to allow a fair race between Zohran Mamdani and incumbent Mayor Eric Adams.
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