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Mom looking at taxes on laptop with two young daughters

Managing Money 6h ago

She paid taxes from every paycheck and still owed the IRS — a jump from 12% to 22% was the culprit

If your employer is not withholding enough tax for your side jobs or life changes, you may owe the IRS money. Update your W-4 to fix it.

Donald and Melania Trump greet a child at the Resolute Desk in the Oval Office

News 7h ago

The big flaw with Trump accounts: Why millions of American children are missing out on free money

It should be an easy win for families. Instead, it’s leaving millions behind.

Visible damage of a car from a hail storm shows giant holes in the windows

News 7h ago

A hail storm hit a rare car auction, pummeling uncovered Ferraris and Lamborghinis, causing $3 million in damages

One truck that was damaged by the storm had 1,000 dents by the time the clouds cleared.

HAPPENING NOW

Yves Valerus speaks at a event held by the Communications Workers of America.

News 8h ago

An 18% pay cut, virtually no breaks: How scheduling software wrecked an NYC mom's full-time job

Workers are fighting back against algorithms that promise to optimize schedules and save labor costs.

Matthew Prince, CEO of Cloudflare.

Employment 11h ago

Cloudflare offered 1,100 laid-off staffers full pay through year’s end. Here's how that compares to typical severance

Cloudflare’s CEO said its recently issued severance packages, generous even against Silicon Valley standards, will “lead the industry.”

Photo of Seattle mayor Katie Wilson

News 12h ago

Seattle's millennial mayor sparks outrage for waving 'bye' to millionaires fleeing her state

Critics argue that tone matters as much as tax rates, especially in a competitive landscape in which states are actively trying to attract both capital and talent.

Pope Leo XIV gestures as he arrives at the Basilica of San Giovanni

Banking 11.1k views

Pope Leo got hung up on by his own bank — why so many Americans are now quietly moving their money elsewhere

Chatbots and complicated phone trees make it hard to get ahold of someone to help — even if you’re the Pope.

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Kevin O'Leary attends Art Miami VIP Preview

Employment 15h ago

Kevin O'Leary says Steve Jobs gave him the best career advice: 'There's only 3 things you have to get done every day'

The "Shark Tank" star says the late Apple co-founder taught him to separate the "signal" from the "noise."

Ken Griffin, founder and CEO of multinational hedge fund Citadel, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton.

News 15h ago

Ken Griffin says the Iran war is triggering a recession. He's the rare billionaire willing to put a date on it

Many Americans are feeling the squeeze — from the pump to housing costs to medical expenses. Here’s what you can do about it.

Sisters Emilee and Natalee De Santiago mourn the loss of their home in Altadena, Cali. in January 2025.

Insurance 16h ago

Delayed, underpaid, buried in red tape: California seeks biggest-ever $2 million fine against State Farm over wildfires

The 2025 wildfires forced 200,000 people from their homes, and homeowners are still fighting for compensation. Why is home insurance such a nightmare?

A pile of $100 bills is seen with a judge's gavel.

News 17h ago

People are using free apps to sue companies without having to hire a lawyer — and some claim they're getting thousands

Toxic ingredients, a data breach, or defective products could mean you get a payout if you successfully file a claim on one of many settlement apps.

American Hedge fund manager and investor Michael Burry attends the premiere of "The Big Short."

Investing 18h ago

'I am shorting the business model... I am shorting the CEO': Two top analysts just slapped Palantir with a 'sell' rating

Michael Burry's brutal short on Palantir just got an unexpected co-signer in Jefferies’ senior software analyst Brett Thill.

A toddler is the primary focus of this low angle shot, reaching for a dollar bill held out of frame.

Investing May 07

Treasury weighing a major change to Trump Accounts — could billionaires soon be donating stock to your kid's nest egg?

The accounts — open for deposits starting July 4 — are currently limited to index funds. A push to allow direct stock gifts could supercharge growth, but it comes with significant risks.

Michael Saylor wearing a black bitcoin shirt on stage giving a speech

Investing May 07

Billionaire Michael Saylor said he would never sell bitcoin. After 3 straight quarterly losses, he's changing his mind

Cash would be used to fund dividend payments, after Strategy reported a first-quarter loss of $12.5 billion.