The IRS is operating with roughly 27% fewer employees this tax filing season than it did last year. And, last July, a major new tax law took effect, containing many new provisions affecting
Investors rattled by the war in Iran have sent oil prices skyrocketing – and global governments have noticed. The world’s biggest economies are now considering emergency releases of millions of barrels of oil
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York — Investors have long viewed the prolonged closure of
President Donald Trump’s “big, beautiful bill” created several new tax measures that eligible taxpayers can start claiming this filing season. They include tax breaks on tips and overtime income, an enhanced deduction for
The Trump administration is currently trapped between the specter of a global economic recession and a naval catastrophe. As the conflict with Iran intensifies, the world’s energy arteries are constricting to a point
Anthropic is suing the Department of Defense and other federal agencies on Monday over the Trump administration’s decision to label the AI company a “supply chain risk.” The lawsuit is the latest development
New York — Live Nation and Ticketmaster have reached a settlement with federal authorities over accusations the ticket giant’s business practices created a monopoly of the live events music industry. A senior justice
New York — US stocks were lower and oil prices hit their highest level since 2022 as investors Monday grappled with a potential energy crisis caused by the war with Iran. The Dow
A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years, before prices settled just below $100. As the
New York — Struggling beer sales should spell doom for the world’s largest brewer. Anheuser-Busch InBev hasn’t gotten that memo. The company has emerged on the other side of a Bud Light boycott
