|
Let's talk about how tariffs work to impact the economy — without any political considerations — just considering the potential economic consequences of tariffs, and how they impact the trade relationships between countries.
|
|
Arab leaders huddle in Saudi Arabia in pushback to Trump's Gaza plans NPRArab leaders discuss alternative to Trump Gaza plan at Saudi Arabia meet Al Jazeera EnglishEgypt and its neighbors working on alternative to Trump's Gaza plan that wouldn't displace Palestinians CBS NewsArab leaders scramble for alternative to Trump's Gaza proposal The Washington Post
|
|
The infostealer threat to your passwords continues to grow—now there are 3.9 billion reasons why you need to take it seriously.
|
|
Voletta Wallace, Mother Who Shaped the Notorious B.I.G.'s Legacy, Dies at 78 The New York TimesThe Notorious B.I.G.'s Mom Voletta Wallace Dead at 78 TMZRemembering Voletta Wallace, the Guardian of Biggie's Legacy Rolling StoneVoletta Wallace, mother of rapper Notorious B.I.G., dies in Stroudsburg at 78 The Philadelphia Inquirer
|
|
Is it a good time to cheat on your taxes given all the pink slips at the IRS?
|
|
Apple pulls data protection tool after UK government security row BBC.comApple Pulls iPhone Security Feature in UK The New York TimesApple Removes Cloud Encryption Feature From UK After Backdoor Order BloombergApple yanks encrypted storage in U.K. instead of allowing backdoor access The Washington Post
|
RELATED ARTICLES | | |
|
Apple has just confirmed when the next big iPhone update will be released, something it rarely does at this point in the cycle.
|
|
Judge temporarily blocks key parts of Trump's executive orders targeting DEI The Washington PostTrump blocked from halting DEI-related grants; Joint Chiefs Chair CQ Brown dismissed NBC NewsJudge blocks Trump's order targeting DEI programs CNNMajor Lawsuits Against Trump And Musk: Judge Halts Trump's DEI Contract Ban—For Now Forbes
|
RELATED ARTICLES | | |
|
On February 21, 2025, Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history.
|
|
Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs The Associated PressDow tumbles more than 700 points as inflation and tariff fears mount CNNDow drops 700 points for worst day of 2025 so far on new fears about economic growth: Live updates CNBCThe Dow plunges 750 points as bad economic news piles up fast Yahoo Finance
|
|
President Donald Trump on Friday said his administration is working on an overhaul of the U.S. Postal Service and indicated that multiple options were under consideration.
|
|
Luigi Mangione appears in New York state court for status hearing in UnitedHealthcare CEO killing CNNLive updates: Luigi Mangione faces New York court over killing of CEO Brian Thompson BBC.comLuigi Mangione winks at supporters with green sweater under bulletproof vest Fox NewsLuigi Mangione Supporters Remain Steadfast Ahead of UnitedHealthcare CEO Murder Trial The New Y
|
|
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.
|
|
Mangione, who has yet to enter a plea on federal murder charges, has pleaded not guilty to 11 state charges related to the fatal shooting of UnitedHealthcare's CEO.
|
|
Trump fires CQ Brown as Joint Chiefs Chairman ABC NewsWho is Dan Caine, Trump's pick as chairman of the Joint Chiefs of Staff? The Washington PostSecretary of Defense Pete Hegseth Statement on General Officer Nominations Department of DefensePete Hegseth Fires Adm. Lisa Franchetti, Navy's Top Officer The New York Times
|
|
Kibbutz Nir Oz announces Shiri Bibas was murdered in Gaza captivity The Times of IsraelRemains of Shiri Bibas, mom of two killed, allegedly returned to Israel following Hamas' broken promise Fox NewsBody of Israeli hostage Shiri Bibas has been returned, family says ABC N
|
|
Back in their districts, GOP lawmakers get an earful on DOGE and Musk The Washington PostAt Testy Town Halls, Republicans Take Heat for Trump's Bold Moves The Wall Street JournalAt town halls, Republicans feel the heat from Trump and Musk's firing and cutting spree NBC NewsU.S. Rep. Rich McCormick held a town hall Thursday. Constituents gave him an earful GPB News
|
|
U.S.-Canada 4 Nations Face-Off final draws 9.3 million viewers, most-watched NHL-sanctioned game in decades The New York TimesCanada Just Beat the United States in Hockey. What the NHL Players Did Afterward Was Inspiring Inc.4 Nations Face-Off: USA-Canada championship hockey game draws record 9.3 million viewers on ESPN Yahoo SportsJustin Trudeau sends fiery
|
|
Texas measles outbreak reaches 90 cases; 9 cases in New Mexico Ars TechnicaMeasles cases are rising in the U.S. Do adults need a vaccine booster? NPRRecent measles outbreak in Texas highlights urgent need for vaccination in Colorado CBS NewsMeasles outbreaks rise to nearly 100 cases between Texas and New Mexico. Here's what you should know The Associated Press
|
|
Some of those reductions could explicitly target Medicaid long-term services and supports (LTSS), such as personal assistance at home or nursing home care.
|
|
Lawsuits are being dropped in the friendlier regulatory environment, while officials investigating Musk's companies are getting DOGE'd.
|
|
Stephen A. Smith completely flabbergasted by Yankees' facial hair press conference: ‘What a disgrace' New York Post 'It was time': Yanks welcome new facial-hair rule ESPNA look back at the most memorable Yankees clean-shaven transformations MLB.comRoster Moves: Bears release Gerald Everett, DeMarcus Walker ChicagoBears.com
|
|
The New York Yankees made history Friday when they ditched their long standing policy on facial hair before their first spring training game.
|
|
The tax agency is laying off 7,000 employees, but there are protections for taxpayers whose refund payments are delayed.
|
|
IRS data continues to suggest that taxpayers are not excited about filing this tax season. Statistics are down in every category—from filing to processing to tax refunds.
|
|
"This year she got married, and I was completely left out of any planning, bridal-shower and wedding activities."
|
|
Judges have blocked some of Trump and Musk's early moves—for now.
|
|
There's this cautionary tale, in the finance world, that nearly any trader can tell you. It's about placing too much confidence in math and models. It's the story of Long Term Capital Management.
The story begins back in the 90s. A group of math nerds figured out how to use a mathematical model to identify opportunities in the market, tiny price discrepancies, that they could bet big on. Those bets turned into big profits, for them and their clients. They were the toast of Wall Street; it looked like they'd solved the puzzle of risk-taking. But their overconfidence in their strategy led to one of the biggest financial implosions in U.S. history, and destabilized the entire market.
On today's show, what happens when perfect math meets the mess of human nature? And what did we learn (and what did we not learn) from the legendary tale of Long Term Capital Management?
This episode of Planet Money was hosted by Mary Childs and Jeff Guo. It was produced by Sam Yellowhorse Kesler and edited by Jess Jiang. It was fact-checked by Sierra Juarez and engineered by Robert Rodriguez. Alex Goldmark is our executive producer.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
|
|
What Musk's Chain Saw at CPAC Was Really About The New York TimesElon Musk wields chainsaw during CPAC appearance CNN‘Childbirth isn't fun, but it's necessary': Republicans at CPAC shrug off voter anger at Musk POLITICOElon Musk becomes a new power center at CPAC NBC News
|
|
Fox News' The Five won the evening in total viewers as well as in the Adults 25-54 demo. MSNBC's The Rachel Maddow Show occupied the top spot for the news network in both measured categories, while on CNN, it was the 5 p.m. edition of The Lead with Jake Tapper winning in total viewers and...
|
RELATED ARTICLES | | |
|
Top of the Ticker: As it nears its first month anniversary, CBS Evening News is making minor adjustments to its format. The evening broadcast, helmed by John Dickerson and Maurice DuBois, has seen three straight weeks of declines in total viewers and the Adults 25-54 demo since its January debut. The show initially favored long-form...
|
|
"A number of decisions are pending … that could drive the oil price in one direction or the other," one analyst noted.
|
|
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth NBC NewsDow tumbles more than 700 points as inflation and tariff fears mount CNNDow drops 700 points for worst day of 2025 so far on new fears about economic growth: Live updates CNBCUS stocks dip amid concerns over tariffs and consumer belt-tightening | US news The G
|
|
Some reports say Trump plans to take control the USPS, possibly to privatize it. Here's what that could mean for businesses and consumers.
|
RELATED ARTICLES | | |
|
Investors are awaiting Berkshire Hathaway Chairman Warren Buffett's annual investor letter, in which he typically expounds on Berkshire's performance along with anecdotes and vignettes about investing and life.
|
|
Sean Hannity's interview with President Donald Trump and Elon Musk was the most-watched show of the night in total viewers and the demo. The interview, which aired on Hannity at 9 p.m. ET, delivered a 52% increase in total viewers and a 58% increase in the Adults 25-54 demo compared to what the show has...
|
|
The IRS just laid off at least 6,000 employees, which could lead to slower processing times-or lax enforcement.
|
|
Trump administration fires top US general and Navy chief in unprecedented purge of military leadership CNNTrump removes Brown, names new Joint Chiefs of Staff chairman The HillSecretary of Defense Pete Hegseth Statement on General Officer Nominations Department of DefenseDan Caine, Trump's Joint Chiefs Pick, Had Unusual Path to Top Ranks The New York Times
|
|
Supreme Court Rejects, for Now, Trump's Bid to Fire Government Watchdog The New York TimesSupreme Court pauses Trump administration's effort to fire head of whistleblower protection agency Fox NewsSCOTUS analyst says ‘justices were struggling' in first Supreme Court test amid Trump's widespread firings CNN
|
|
'Trump is a dark horse': Russians on the invasion of Ukraine, three years on BBC.comRussia-Ukraine after three years of large-scale war Brookings InstitutionThree Years On, What's Next for Ukraine and Europe? Foreign PolicyUkrainians react to Donald Trump's comments about war with Russia Sky NewsThe War in Ukraine Three Years On Center for Strategic & Internation
|
|
Coinbase Claims Victory Over The SEC. Bitcoin Down After Hack. Investor's Business DailyCoinbase says the SEC has agreed to end 'bogus' enforcement case against crypto exchange CNBCCoinbase says SEC will drop case that ‘could have killed the crypto industry in America' CNNCrypto party: The SE
|
|
The selloff came as more than $2.7 trillion worth of options expired, an event which typically spurs heightened volatility.
|
|
‘The Apprentice' Director Ali Abbasi Exits CAA Amid Report of Alleged Groping Incident Hollywood Reporter'The Apprentice' Director Ali Abbasi Accused Of Groping A-List Actor Deadline‘The Apprentice' Director Ali Abbasi Dropped by CAA, Management 360 Following Groping Accusation VarietyTrump Biopic Director Accused of Groping A-List Actor The Daily BeastThe Apprentice director Ali Abbasi accused of groping "A-list actor"
|
|
Celsius shares are up more than 30% after its quarterly results topped estimates and it announced plans to buy Alani Nu.
|
|
The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.
|
|
Here's why my company adopted an AI-powered strategy to hire for all of our Sales roles and how it has dramatically improved efficiency, reduced bias and enhanced the candidate experience.
|
RELATED ARTICLES | | |
|
In his 1994 best seller Stocks for the Long Run Wharton finance professor Jeremy Siegel showed investors that stocks rather than bonds or cash are the most profitable long-term investments and he endorsed index-style investing. But investors wanted to know more. "I gave scores of talks across the country on Stocks for the Long Run " Siegel recalled recently. "The two questions I received most were: 'Which stocks for the long run?' and 'What about the age wave and the baby boom?'" Siegel's response was voluminous research for his new book The Future for Investors: Why the Tried and True Triumph Over the Bold and the New. Some of its conclusions surprised even him.
Hosted on Acast. See acast.com/privacy for more information.
|
|
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven't run for the hills, it's worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but the IRS as well. In terms of crypto news and taxes, the IRS recently proposed changes to cryptocurrency tax reporting question on the Form 1040. The agency will also receive $80 billion from the Inflation Reduction Act, some of which will be directed to digital asset enforcement—including cryptocurrency tax compliance.
Additionally, you may have heard that the IRS continues to successfully obtain court orders to require cryptocurrency brokers and exchanges to provide information to the IRS. That information concerns investors who failed to report and pay taxes on cryptocurrency transactions.
And while this IRS enforcement focus isn't new, recent crypto announcements and developments from Congress, the Biden administration, and the IRS, mean that it's important to stay up-to-date on crypto tax reporting and compliance. So, here's some information to get you started.
How Crypto is Taxed
A common question about cryptocurrency concerns how crypto is taxed. The answer is that cryptocurrency is considered property, so it's taxed by the IRS in the same way that other capital assets are taxed. As a result, when you sell or trade crypto, you can have asset losses and potential taxable gains depending on the fair market value of the virtual currency, and your basis in the crypto.
SEE MORE 9 Ways to Cut Crypto Taxes Down to the Bone
Given that, it
|
|
 Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four...
|
|
