In this interview, Bank of America CEO Brian Moynihan discusses the U.S. economy, interest rate forecasts, the impact of tariffs, the role of artificial intelligence in the job market, and recent political and data-related issues. Moynihan emphasizes a cautious approach by the Federal Reserve, the importance of reliable data, and reassures that the bank operates based on risk and regulatory clarity, addressing concerns about political influence and industry-specific restrictions.

Tax Breaks: The Tax Community Talks About The One Big Beautiful Bill Act Edition Plus: Social Security ends paper checks, Live Aid, changes to Forms 1099, filling out Form W-9, national debt costs, filing deadlines, tax trivia, and more. Kelly Phillips Erb is a Forbes senior writer who covers tax...

The article discusses the Democratic Party's current decline, citing record-low approval ratings and structural issues rooted in reliance on identity politics and woke grievances. It highlights the rise of radical figures like Zohran Mamdani, whose Marxist and far-left policies exemplify the party’s shift away from traditional electoral appeal. The piece warns that this trajectory could lead to long-term political damage for Democrats if they do not pivot to more pragmatic approaches.

By Newsweek Senior Editor-at-Large and host, "The Josh Hammer Show"Writers Page Josh HammerNewsweek senior editor-at-large and host, "The Josh Hammer Show"Newsweek Is A Trust Project MemberSpeed: 0.5xSpeed: 1xSpeed: 1.5xSpeed: 2x🎙️ Voice is AI-generated. Inconsistencies may occur.It has be...

Recent changes in U.S. tax law have significantly reduced the IRS's ability to monitor small business and independent contractor income through third-party reporting requirements. Reversing some prior adjustments, the law reinstates higher thresholds for payment apps like Venmo and raises the minimum amounts for reporting non-employee compensation. These changes aim to lessen paperwork burdens for businesses and reduce penalties, but could also lead to decreased federal revenue due to increased income underreporting, which remains a major factor in the country's tax gap.

A new AEI report highlights that President Trump’s aggressive immigration enforcement could lead to a decline in the U.S. labor force, reduced GDP growth, and increased economic challenges. The expected net migration drop in 2025 may result in billions of dollars in lost economic output, with broader implications for Social Security and community well-being.

By Kevin Hern U.S. RepresentativeNewsweek Is A Trust Project MemberSpeed: 0.5xSpeed: 1xSpeed: 1.5xSpeed: 2x🎙️ Voice is AI-generated. Inconsistencies may occur.The U.S.

Politics Adriana Gomez LiconAssociated PressPublished: May 13, 2025 at 7:21 AMUpdated: May 13, 2025 at 9:11 AMTags: Ruben Gallego, Patricia Campos-Medina, U.S. news, Kamala Harris, Thomas Perez, Business, Politics, Chuck Rocha, Bernie Sanders, Joe Biden, 2024 United States presidential electi...

Skip to main content US Top National News See All Communities Politics & GovernmentWhile President Trump's tariffs remain tied up in ongoing legal battles, another provision in his proposed legislation is drawing scrutiny.Kat Schuster, Patch StaffPosted Fri, May 30, 2025 at 6:36 pm ET Secti...