The Port Newark Container Terminal in Newark, New Jersey, March 3, 2025. Kena Betancur/View Press | Getty Images News | Getty Images Tariffs on Canada and Mexico took effect Tuesday — and they’re bound to raise prices for consumers, sometimes in unexpected ways, according to economists. Tariffs are a tax on foreign imports, paid by…
The US Treasury building in Washington, DC, US, on Monday, Jan. 27, 2025. Stefani Reynolds | Bloomberg | Getty Images The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the Biden-era “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via the…
Speaker of the House Mike Johnson (R-LA) leaves after the House passed Republicans’ budget resolution on the spending bill on Feb. 25, 2025 in Washington. Kayla Bartkowski | Getty Images News | Getty Images As Congress debates how to handle trillions of dollars in expiring tax breaks, lawmakers on both sides have been lobbing claims…
Members of the Los Angeles Dodgers celebrate on the field after winning Game 5 to win the 2024 World Series presented by Capital One between the Los Angeles Dodgers and the New York Yankees at Yankee Stadium on Oct. 30, 2024. Mike Lawrence | Major League Baseball | Getty Images As Major League Baseball’s spring…
Nitat Termmee | Moment | Getty Images The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis, at a time when costs are already soaring. A 25% tariff on imports from Canada and Mexico — which may take effect as soon as March — would increase annual…
President Donald Trump on Jan. 27, 2025 in Doral, Florida. Joe Raedle | Getty Images News | Getty Images President Donald Trump has repeatedly discussed imposing tariffs, both during the campaign and since taking office, and the first tranche, on goods from Canada, China and Mexico will take effect Feb. 1, the White House confirmed…
