Politics
Trump tax returns must be given to Congress, federal appeals court says in new ruling
Former U.S. President Donald Trump speaks at the Conservative Political Action Conference (CPAC) held at the Hilton Anatole on August 06, 2022 in Dallas, Texas. CPAC began in 1974, and is a conference that brings together and hosts conservative organizations, activists, and world leaders in discussing current events and future political agendas. Brandon Bell | […]
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Biden to sign China competition bill to boost U.S. chipmakers
From left, Reps. Jan Schakowsky, D-Ill., Lizzie Fletcher, D-Texas, Speaker of the House Nancy Pelosi, D-Calif., Lisa Blunt Rochester, D-Del., and Eddie Bernice Johnson, D-Texas, are seen after a bill enrollment ceremony for the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022, on the West Front of the U.S. Capitol on […]
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Spirit Airlines posts loss on surge in costs, expects Florida challenges to continue
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines reported a second-quarter loss as strong travel demand and higher fares weren’t enough to overcome a surge in costs. Spirit reported results less than two weeks after it […]
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Taiwanese foreign minister says China drills part of a game-plan for invasion
Taiwan Foreign Minister Joseph Wu. Sam Yeh | AFP | Getty Images Taiwan’s foreign minister said on Tuesday that China was using the military drills it launched in protest against U.S. House Speaker Nancy Pelosi’s visit as a game-plan to prepare for an invasion of theself-ruled island. Joseph Wu, speaking at a press conference in […]
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Russia launches Iranian satellite into space; more ships carrying produce depart Ukraine
Russia is stripping airplanes for parts amid sanctions-induced shortage Aeroflot Russian Airlines and Rossiya Airlines jet aircrafts at Moscow-Sheremetyevo International Airport. Leonid Faerberg | Lightrocket | Getty Images Russia has started stripping jetliners of spare parts they can no longer obtain from overseas due to Western sanctions, Reuters reported, citing several anonymous sources. The majority […]
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Jan. 6 committee to depose Pennsylvania GOP gubernatorial nominee Doug Mastriano
Republican gubernatorial candidate Doug Mastriano gives a victory speech at his election-night party at The Orchards on May 17, 2022 in Chambersburg, Pennsylvania. Michael M. Santiago | Getty Images Doug Mastriano, the Republican nominee for governor of Pennsylvania, plans to appear Tuesday for a deposition by the House select committee investigating the Jan. 6 Capitol […]
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Trump says FBI raiding his Mar-a-Lago home
The FBI is raiding Mar-a-Lago, former President Donald Trump’s resort home in Palm Beach, Florida, Trump said Monday evening. In a lengthy statement, Trump said his residence is “currently under siege, raided, and occupied by a large group of FBI agents.” The raid was “unannounced,” Trump said, adding, “They even broke into my safe!” Read […]
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Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax deeply cut its full year revenue guidance Monday, with no new Covid vaccine sales expected for 2022 in the U.S. […]
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Father, son get life for hate crime in Ahmaud Arbery’s death
The white father and son convicted of murder in Ahmaud Arbery’s fatal shooting after they chased the 25-year-old Black man through a Georgia neighborhood were sentenced Monday to life in prison for committing a federal hate crime. U.S. District Court Judge Lisa Godbey Wood handed down the sentences against Travis McMichael, 36, and his father, Greg McMichael, […]
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Carried interest provision is cut from Inflation Reduction Act. How this tax break works, and how it benefits high-income taxpayers
Sen. Kyrsten Sinema, D-Ariz., and Sen. Joe Manchin, D-W.V., on Capitol Hill on Sept. 30, 2021. Jabin Botsford | The Washington Post | Getty Images Senate Democrats passed a historic package of climate, healthcare and tax provisions on Sunday. But one proposed tweak to the tax code — a modification of so-called carried interest rules […]
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