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News
Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top
1+ week, 2+ day ago (471+ words) The Trump administration has returned more than $100 billion to U.S. businesses and importers that paid his global tariffs, and the money is quickly heating up the economy. The refunds are already boosting bottom lines, and 40 companies in the S&P 500 have…...
Rock band ZZ Top cancels concert hours before show due to undisclosed ‘personnel matters’ – DNYUZ
2+ week, 4+ day ago (317+ words) ZZ Top abruptly canceled their show Wednesday just hours before they were set to perform. Ticket holders will be refunded Frontman Billy Gibbons also shared in a statement, “Insurmountable obstacles require canceling our Hollywood Bowl performance.” “Friends, fans and followers…...
Companies, Not Consumers, to Cash In Big From Tariff Refunds
4+ mon, 21+ hour ago (1255+ words) You probably won’t receive a huge tariff refund. The largest businesses stand to reap the biggest bucks as the Trump administration begins to return more than $166 billion in duties deemed illegal by the Supreme Court. Even though President Trump’s trade…...
Trump Administration to Begin Refunding $166 Billion in Tariffs
4+ mon, 4+ day ago (1347+ words) When President Trump unveiled his sprawling global tariffs last spring, he boasted that they would generate windfall profits and “make America wealthy again.” But after suffering a significant Supreme Court defeat, Mr. Trump is about to pay the money back....
Tax time 2026: why millions of Americans are getting a surprise IRS bill instead of a refund
4+ mon, 1+ week ago (1523+ words) Nobody really budgets for a financial car crash in April. But that’s exactly what millions of Americans are dealing with this year. Instead of the refund they were counting on to finally pay off Christmas gifts or fund a summer…...
‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as c
4+ mon, 1+ week ago (567+ words) When the Supreme Court struck down President Donald Trump’s tariffs two months ago, many companies rejoiced at the prospect of returning to pre-tariff prices and the possibility of getting a refund back from the government. However, the ruling may have…...
Why This Tax Day Is Even Harder and More Annoying Than Usual
4+ mon, 2+ week ago (664+ words) This tax season, as you wade through the absurdly expensive and complicated process of filing income taxes, remember to thank the Trump administration. Filing taxes should be really easy and completely free. It is in most other developed countries. And…...
‘I Got Back Every Penny’: Inside Trump’s Supercharged Tax Season
4+ mon, 2+ week ago (1756+ words) Ashley Norwood’s ears perked up when she first heard about President Trump’s campaign promises to not tax tips and overtime. As a bartender, Mrs. Norwood earns plenty of tips, and her husband, a diesel technician, works a lot of overtime....
Judge clears path for refunds on Trump’s tariffs that the Supreme Court ruled unlawful
5+ mon, 2+ week ago (342+ words) A federal trade judge on Wednesday cleared the path for refunds on President Donald Trump’s tariffs, applied through the International Emergency Economic Powers Act, after the Supreme Court recently struck them down. In the ruling, Judge Richard K. Eaton of…...
Tariffs were illegal. Now Trump wants to delay refunds.
6+ mon, 15+ hour ago (432+ words) Neal Katyal is a partner at Milbank LLP and was acting U.S. solicitor general under President Barack Obama. When the U.S. government makes a representation in federal court, it is not a talking point. It is a commitment. In the landmark tariff…...