Security comes first in U.S.-China economic relations, says Treasury Secretary Yellen
Still, U.S. and China need to work together on issues like climate change and debt relief.
Economy
Behold the tax free bagel: A New York classic gets a tax day makeover
The so-called sandwich tax is a charge on prepared foods in some states, like California, New York, and Massachusetts. But one iconic New York dish found a loophole
A tax loophole for bagels: An NYC company added another, inner bagel hole
To sidestep the sandwich tax in New York, a bagel company teamed up with Philadelphia cream cheese to make a bagel injected with cream cheese — since it only counts as a sandwich if it's sliced open.
Where Are Interest Rates Going?
The answer could matter for your home value, stock portfolio, and the future of the economy.
Biden bets big on bringing factories back to America, building on some Trump ideas
President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.
A $7,500 tax credit for electric cars changed, again. These are the models impacted
Starting on Tuesday, fewer vehicles will qualify for a full $7,500 tax credit, but many popular vehicles will still get a substantial discount. Here's what automakers have confirmed so far.
Debunking common myths and misunderstandings about taxes
Nerdwallet's Andy Rosen addresses misunderstandings about our tax system.
Federal Reserve forecasters warn of a possible recession later this year
Forecasters at the Federal Reserve warn of a possible recession later this year. This past week brought new insights into how Americans are working, spending, and coping with inflation.
An indicator that often points to recession could be giving a false signal this time
There is an economic indicator that has predicted every recession since 1969, and it is flashing red right now. It's called the yield curve. But this time, it might be wrong.
Biden wants to reshape the economy by investing in America, not unlike Trump
President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.