Can Trump fire the fed chair? President lashes out at Powell for economic outlook

President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?

New bipartisan tax proposal could give your family more money

A bipartisan group of lawmakers is pushing to make the adoption tax credit refundable, which could allow more families to get the credit even if it's more than their “tax burden."

Report: Trump to end IRS Direct File program for free tax filing

The Trump administration is planning to end the IRS Direct File program that allows tax returns to be filed directly to the IRS for free.

America's 250th birthday plans at risk amid DOGE cost-cutting

Plans for America’s 250th anniversary celebration are at risk due to federal funding cuts under President Donald Trump’s administration.

Retirement savings 'magic number' drops in 2025 for Americans, study finds

When it comes to retirement savings, more than half of Americans think it's “somewhat or very likely" that they’ll outlive their money, according to a new study.

China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn

China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.

Tips to avoid tax surprises next year

Did you owe a ton of taxes this year? Or maybe you got a refund you weren’t expecting? Here’s a look at how to get a handle on those surprises now ahead of next year.

How much is the average tax refund in 2025? It depends on where you live

A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.

Trump suggests he may pause 25% auto tariffs amid market concerns

President Trump says he may temporarily pause his 25% auto tariffs to give carmakers time to adjust supply chains, adding more uncertainty to global markets already shaken by his shifting trade policies.

Inflation fell in March despite Trump tariffs: Here's why

Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.

Detroit man goes from homeless to millionaire

A man went from being homeless, sleeping in his car outside fancy houses in Detroit, to buying one of those houses and becoming a self-made millionaire.

Michigan Gov. Gretchen Whitmer encourages more US production during Washington DC address

While speaking in Washington D.C. on Wednesday, Michigan Gov. Gretchen Whitmer encouraged expanding American manufacturing, and outlined plans that she believes could help accomplish this.

Are the rich paying enough taxes? Most Americans say no

A new Gallup poll reveals deep political divides in how Americans view tax fairness, particularly regarding upper-income earners.