Biden’s American Families Plan could make free college a reality
President Biden promised to make community college tuition-free. Now he is pushing Congress to enact legislation doing just that.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
How Biden's capital gains proposal may hit middle-class home sellers in red-hot markets
President Joe Biden is proposing a capital gains tax increase for households making over $1 million. The change may also impact home sellers.
A third of Americans file taxes at the last minute. Why that might be a bad idea
The May 17 income tax deadline is just weeks away. If you haven't submitted your information to the IRS, you need to do it soon.
Many lower- and middle-earning households may pay nothing in income taxes this year
Taxpayers with income under $75,000 are projected to have no tax liability after deductions and credits for 2021, according to a congressional report.
Social Security’s cost-of-living adjustment isn't keeping up with prices retirees pay
This year's Social Security cost-of-living adjustment was 1.3%. Now, new data shows that many expenses are going up even faster.
GameStop shares jump after the Reddit favorite raises $551 million in stock sales
GameStop sold 3.5 million additional shares, raising $551 million to speed up the company's e-commerce transformation.
Philippines is targeting foreign investment with Singapore style tax law, says finance secretary
The Philippines' new law will reduce corporate income tax and boost foreign investment into the country, finance secretary Carlos Dominguez said.
Biden capital gains tax plan would raise $113 billion if 'step up in basis' is killed, says Wharton
President Joe Biden is expected to call for higher capital gains taxes. But the U.S. would lose billions if the step-up in basis at death isn't...
House bill would make the $3,000 child tax credit permanent
A bill proposed Tuesday by House Ways and Means Chairman Richard Neal, D-Mass., would make recent enhancements to the child tax credit permanent.
Worried about inflation? This investment may be an option for your portfolio
Retirees worried about inflation may want to consider Treasury inflation-protected securities, or TIPS, as a way to help maintain purchasing power.
Calls to end $10,000 SALT deduction cap threaten Biden’s tax plan ahead of its release
Democrats are split over ending the $10,000 cap on SALT, a sticking point that could significantly delay President Biden's infrastructure and tax bills.
Central bank digital currencies: towards global adoption
PwC April 2021 Challenges related to new monetary infrastructures and opportunities for businesses Payment behaviour is changing. Cash is being used less and less with the...
Cramer says Tesla failed to deliver 'blowout quarter,' believes Ford and GM pose a threat
CNBC's Jim Cramer said he has to be "somewhat critical" of Tesla's earnings report because he expected Elon Musk's firm to "make more money."
Tensions rise as return-to-work plans gain steam
As Covid vaccinations increase, so are plans to return to the office, whether workers are ready or not.
Those $1,400 stimulus checks are still arriving by mail. Here’s how to spot them
As the government issues new payments by paper check or debit card, here's how to make sure you don't miss them.