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A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump's massive tax and spending bill.
By Emily BirnbaumMay 12 -
President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.
By Christopher Palmeri and Thomas BuckleyMay 12 -
The findings come after a net loss of $31.7 million for the first quarter, which ended with cash, cash equivalents and short-term investments of $759 million.
By Ruth CarsonMay 12 -
Billions of dollars allocated under former President Biden's Inflation Reduction Act would be rescinded under a portion of Trump's sweeping tax package.
By Ari NatterMay 12 -
It remains unclear why the companies struck the deal without an IRS purchase, but Carahsoft previously said it stands by the cybersecurity tech transaction.
By Jake BleibergMay 9 -
Lawmakers have separately discussed eliminating a tax deduction for pharmaceutical advertising.
By Rachel Cohrs ZhangMay 8 -
The plan mandates the sale of dozens of parcels totaling more than 11,000 acres (4,450 hectares) of federal land in Utah and Nevada.
By Ari NatterMay 7 -
House Republicans plan to raise more than $15 billion in revenue through lease sales, as well as other measures, to help pay for the massive tax cut package.
By Ari NatterMay 2 -
Treasury Secretary Scott Bessent said the European Union has some "internal matters" like the DST to sort out before the bloc can enter into trade negotiations.
By Daniel FlatleyApril 30 -
New taxes passed in the final days of the state's legislative session shift more of the tax burden to technology companies like Amazon and Microsoft.
By Anna EdgertonApril 29