Under the One Big Beautiful Bill Act interest paid on certain car loans would become tax-deductible. If you purchased a personal-use vehicle after December 31, 2024, and financed it with…
Health savings accounts (HSAs), flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) offer tax benefits. But each has its own rules about who can contribute, how funds are used,…
On October 8, 2025, we decided to go on a family vacation I was decidedly unexcited about. That entire week was supposed to be my time to attend the Fairfield Challenger tennis tournament every day with my buddy Richard. September…
For many taxpayers, the standard deduction makes it unnecessary to itemize. However, this also limits which deductions you can claim, including donations to charity. Recent tax changes have affected claiming and qualifying for charitable deductions if you don’t itemize your…
This as-told-to essay is based on a conversation with Tiffany Ng, a 24-year-old tech and culture writer based in New York City who runs the newsletter Cyber Celibate. This story has been edited for length and clarity.I found myself, as…
This as-told-to essay is based on a conversation with Hung Nguyen, 21, who is from Vietnam and based in Australia. He works for an AI-powered loan comparison company. His employment, education, and former internships have been verified by Business Insider. This piece has been edited for length and clarity.When I…
Traditionally, all tip income was taxable, and workers had to report any cash tips exceeding $20 per month to their employer. But in 2025, the One Big Beautiful Bill introduced temporary exemptions: individuals can deduct up to $25,000 in tips from their income if they meet all the qualifications (though…
Kim Dhatt, a 34-year-old recruitment specialist, was in a relationship with her ex-partner for four years. When they first got together, he earned slightly more than she did, and the…
Under the One Big Beautiful Bill Act of 2025, the mortgage interest deduction limits established by the Tax Cuts and Jobs Act were made permanent. For loans taken out after…
Capital gains count as taxable income and can affect your tax bracket, deductions and rates. They are taxed as short-term or long-term gains depending on how long you owned the asset and your total income. Short-term gains are taxed at…
In a world glued to screens, Aziz Ansari is choosing the analog life.During an appearance on Tuesday’s episode of the “Good Hang with Amy Poehler” podcast, the comedian spoke about his Luddite ways and why he isn’t a fan of…
Howard Schultz said he’s — capital W — Worried about AI.Speaking in an interview with LinkedIn’s editor in chief, Daniel Roth, the former Starbucks CEO brought up the topic of AI, saying it was something he wanted to talk about.He…
Former Ford CEO Mark Fields said on Tuesday that US automakers overestimated consumer demand when they started ramping up production of electric vehicles.”Over the last couple of years, the automakers really went full bore in putting in capacity for EVs,”…
Finance Newsletter
Subscribe for News and Alerts
Get the latest Finance, business, and many more news and tips directly to your inbox, join our newsletter now to stay updated.
Finance
View More
This as-told-to essay is based on a conversation with Nian Yang-yi, 34, a barista turned quality control specialist at a coffee trading firm in Taiwan. The following has been translated and edited for length and clarity.I chose to study computer…
The prompt: “I want to ski in January.”The answer came instantly: Aspen, Colorado; Whistler, Canada; even Niseko, Japan, with flights that ranged from $270 all…
Allow me to describe an unfortunate scene that unfolded in my home not long ago. It involves my elementary school-aged children and our Alexa device,…
Business & Startup
View More
Business has reportedly been booming for American Hat Company – a Texas-based cowboy hat manufacturer – since the 2018 launch of the hit Western TV series “Yellowstone.” Founded in 1915 and headquartered in Bowie, Texas, the company specializes in handmade…
Tim Robberts/Getty Images Key takeaways Business loans are available from a variety of lenders, including banks, credit unions and online lenders. Banks and credit unions…
Key takeaways Unsecured business loans don’t require you to back the loan with valuable assets Making on-time payments and building payments into your budget can…
Markets
View More
Some UPS customers say the shipping service is applying the wrong tariff to US-bound shipments.In some cases, the customers said UPS sent them bills that tariff their shipments at up to 200% — the US duty rate for aluminum from…
AI shopping may be going mainstream.On Tuesday, Walmart, the nation’s largest retailer, announced a partnership with OpenAI to shake up the e-commerce experience. Shoppers can…
As US cities struggle to protect themselves from hackers, the Army National Guard is launching a new effort in five cities to strengthen local defenses…
Investing
View More
Latest News
View More
While federal taxes apply uniformly, the way states tax 401(k) withdrawals can vary widely. Some states fully tax 401(k) distributions, while others provide deductions or exclude retirement income altogether. These differences can influence how much of your savings you keep…
PeopleImages / Shutterstock.comSocial Security touches the lives of nearly all American retirees. Yet, many people misunderstand even the basic concepts behind this government program. For the Nationwide Retirement Institute’s latest annual Social Security Survey, around 1,800 adults were asked about…
Paying for college can feel overwhelming, but smart tax planning can make a real difference. The IRS offers several education tax incentives to help students and families cut costs, lower their tax bill and even get a refund. Whether you…
When it comes to managing retirement income, taxes can be one of your biggest – and most overlooked – expenses. Many retirees wonder whether converting their savings to a Roth IRA can help satisfy their required minimum distributions (RMDs) and…
Miles behind the line of contact, Ukraine’s supply runs are getting more dangerous.Defending troops take weekslong shifts on the “zero line” — a maze of scarred earth, trenches, and bunkers that face Russian drones and assault troops — and rely…
This story is based on a conversation with Natalie Grabow, 80, of Mountain Lakes, New Jersey.I don’t feel 80. I’ll read a newspaper article that says a particular person is 75. I’ll think to myself, “That’s old.” Then I’ll think,…
Amorn Suriyan / Shutterstock.comDespite signs of slowing demand, the U.S. construction industry continues to face a significant labor shortage. Contractors across the country continue to report difficulty hiring, especially for skilled trades positions. Industry surveys suggest that nearly 80% of…
If big automakers want to win on AI, they need to start making more of their own software, Rivian CEO RJ Scaringe said.”I think it’s inconceivable that by, call it early 2030s, that a car company can exist at scale…
Disney is about to showcase its new approach to DEI with a week of events focused on “belonging.”The Mouse House is having its first-ever “Global Belonging Week” for employees, which will run from October 20 to 24 and include a…
The Labubu bubble hasn’t burst — yet.The costly and creepy plushies, made popular by Gen Z celebrities and used as bag charms by rich teens, got a much-needed boost from a sexagenarian man.Apple CEO Tim Cook visited a Labubu exhibition…
Most Popular
2025-10-14T18:29:25Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app…
General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal…
Andrii Iemelianenko / Shutterstock.comThe IRS has announced some key changes to its income tax thresholds for 2026. The agency is making the changes to account for inflation. The moves will…
Noelia Voigt, who made history as the first Miss USA to give up her crown, said she feels “vindicated” after the owner of Miss Universe sued former Miss USA CEO,…
Melinda Turner starts her day at 3:30 a.m., and within 30 minutes, wakes her 8-year-old daughter for school.She packs their bags and by 5 a.m., heads out to drop her…
The theme song for the exchange-traded fund industry could very well be Frank Sinatra’s “It Was a Very Good Year,” as the industry just hit $1 trillion annually in assets this month, faster than any other time in history. “I think, largely speaking, you…
