Supreme Court upholds Trump-era tax, skirting disruptive ruling

Washington — The Supreme Court on Thursday left intact an obscure tax enacted as part of Republicans’ sweeping 2017 reform package that targets U.S. taxpayers with shares of certain foreign corporations. The court ruled 7-2 that the so-called mandatory repatriation tax, or MRT, is constitutional under Article I and the 16th Amendment, rejecting a challenge

Trump’s 10% tariff proposal is actually a $1,700 tax, economists say

Biden announces tariff hikes on Chinese electric cars Biden announces tariff hikes on Chinese electric cars 01:50 Former President Donald Trump is pledging to supercharge one of his signature trade policies — tariffs — if he’s re-elected this November, by imposing 10% across-the-board levies on all products imported into the U.S. from overseas. The idea,

New York Gov. Kathy Hochul to sign social media bill: “Our kids are in distress”

New York Gov. Kathy Hochul said Thursday that social media algorithms have negatively affected children and teens, saying “our kids are in distress” as she is set to sign into law a bill aimed at protecting kids online.   “They’re not living carefree lives because they are being held captive to powerful forces outside their

New York Gov. Kathy Hochul signs social media bill: “Our kids are in distress”

New York Gov. Kathy Hochul on Thursday signed a bill into law targeting addictive social media feeds for children and teens, saying ahead of the bill’s signing that “our kids are in distress.”  “They’re not living carefree lives because they are being held captive to powerful forces outside their own control — algorithms that are intentionally