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More than half of U.S. states are using record budget surpluses to fund their biggest collective tax break in decades.
August 10 -
The U.K. telecom giant was hit by massive fraud at its Italian unit.
August 9 -
Included in the $433 billion Inflation Reduction Act is a 10-year production tax credit for nuclear energy producers.
August 4 -
The Byrd rule allows individual pieces of a measure to be challenged on the grounds that they are incidental or extraneous to the budget.
August 2 -
Sinema has expressed opposition to ending the carried-interest tax break used by private equity and hedge fund managers to lower their tax bills.
August 1 -
The legislation would reinstate and increase a long-lapsed tax on crude and imported petroleum products to 16.4 cents per gallon.
August 1 -
A breakthrough deal between senators Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles.
July 28 -
The whistleblower program ignores its own rules, shields much of its work from the public, and has been a financial boon for law firms that hired former agency officials
July 27 -
Selling 75% of its cryptocurrency gave the company a one-time cash infusion, the electric car company said, but the battered value of its remaining Bitcoin also dinged profits.
July 25 -
The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.
July 25
