Nearly a month has passed since President Trump last spoke publicly of his desire to kill the carried interest loophole. (Yes, we know, some of you don’t consider it a “loophole.”) And yet the private equity industry, which stands to lose big if the president upends the tax break, is still bracing for a fight. […]
Early evidence is promising. In 2023, the region added 30,000 foreign-born residents, amounting to a 23.2 percent increase in the immigrant population, according to census data. (The New York City area added 88,000, only a 1.5 percent increase.) That was almost enough to offset the loss of 34,000 native-born residents. “We have no choice but […]
At the end of February, the House of Representatives passed a budget calling for up to $4.5 trillion in tax cuts over 10 years. Now, the haggling begins. Many of the tax cuts from the 2017 tax bill, which passed during President Trump’s first term, are set to expire at the end of this year. […]
House prices are stubbornly high, and mortgage rates remain substantially above their prepandemic level. Now, with the spring home buying season looming, shoppers have a new worry: A major federal consumer watchdog has been hobbled. Without the Consumer Financial Protection Bureau, the agency responsible for overseeing most aspects of the home buying process, consumer advocates […]
For about a year now, the labor market has existed in a state of eerie calm: Not many people were losing their jobs or quitting, but not many of those seeking work were getting job offers. The mass layoffs now underway across the federal government, along with its employees who are voluntarily heading for the […]
As President Trump puts new tariffs on goods from China and threatens a trade war with allies like Mexico and Canada, one global company is likely to suffer less than most of its competitors: Tesla. But the electric car maker led by Elon Musk, which accounts for a third of the billionaire’s wealth, is also […]
Betsy Arakawa, the wife of Gene Hackman, died from the effects of hantavirus, a rare disease often caused by contact with droppings from infected rodents. Hantavirus does not spread among people in the cases found in the United States. It can be transmitted through rodent saliva. But it is most commonly transmitted by breathing in […]
The Centers for Disease Control and Prevention is planning to conduct a large-scale study to re-examine whether there is a connection between vaccines and autism, federal officials said Friday. Dozens of scientific studies have failed to find evidence of a link. But the C.D.C. now falls under the purview of Health and Human Services Secretary […]
Annabel Rackham Health and wellbeing reporter Getty Images LED face mask manufacturers claim their products can treat acne scars and fine lines LED technology has been used to address a number of skin issues, such as eczema, mild to moderate acne, psoriasis and sun damage in a medical setting. But the at-home LED market is […]
US President Donald Trump has said he is “strongly considering large-scale sanctions” and tariffs on Russia until a ceasefire and peace deal with Ukraine is reached. Trump said he was contemplating the move because “Russia is absolutely ‘pounding’ Ukraine on the battlefield right now”. Trump’s comments marked a sharp change in tone. Since coming into […]