Category: Finance

Since returning to office, President Donald Trump has aggressively moved to shrink the federal government. His administration has frozen federal grants, issued executive orders aligned with the Heritage Foundation’s Project 2025, and, most prominently, created what he calls the Department of Government Efficiency, or DOGE. DOGE has been billed as a cost-cutting initiative, although the […]

The Trump administration has repeatedly said it wants to deport as many people as possible. What that means for the estimated 8.3 million unauthorized immigrants in the American workforce is unclear. It is also unclear whether those mass deportations will happen. The deportations recorded so far aren’t on track to meet Trump’s goal. And the […]

On Valentine’s Day 2025, heavy rains started to fall in parts of rural Appalachia. Over the course of a few days, residents in eastern Kentucky watched as river levels rose and surpassed flood levels. Emergency teams conducted over 1,000 water rescues. Hundreds, if not thousands of people were displaced from homes, and entire business districts […]

Pretty much everyone will sometimes struggle with anger at work. People fear the wrath of abusive supervisors, suppress anger to maintain a façade of professionalism, or vent anger toward co-workers who are, fairly or not, targets. Reactions to anger in the workplace can be strong, but they’re not always effective. As scholars who also fall […]

Ever since Donald Trump returned to the White House in January, stock market expectations have been volatile – driven in part by a healthy dose of motivated reasoning. At first, markets surged on hopes of lower taxes and deregulation. But this enthusiasm soon faded as announcements about tariffs and stricter immigration policies dampened sentiment. Underscoring […]

The Internal Revenue Service hasn’t issued comprehensive guidance on how the estimated 27 million Americans earning income as influencers should report their income and expenses on their tax returns. That’s leaving people who either make a living or supplement their income by endorsing products and services on social media platforms such as Instagram and YouTube […]

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s leading semiconductor producer, has announced plans to invest $100 billion in the United States by 2030. This investment follows last week’s historic $500 billion commitment from Apple to boost U.S. manufacturing. The new capital will fund the construction of three additional chip manufacturing plants and two packaging facilities. […]

Get ready to pay more for avocados, maple syrup and – well – almost everything. The U.S. officially imposed new 25% tariffs on Canada and Mexico on March 4, 2025, following through on a long-delayed pledge from President Donald Trump. American consumers and businesses are now bracing for higher costs and potential supply disruptions. Although […]

The 50 American individuals and couples who gave or pledged the most to charity in 2024 committed US$16.2 billion to foundations, universities, hospitals and more. That total was 33% above an inflation-adjusted $12.2 billion in 2023, according to the Chronicle of Philanthropy’s latest annual tally of these donations. Media mogul and former New York City […]