Finance

The IRS has expanded its Direct File program nationwide, offering free, direct federal tax filing to all 150 million American taxpayers, threatening the multi-billion dollar tax preparation industry.

After navigating a Supreme Court challenge, the Biden administration has finalized a targeted student loan relief plan that will eliminate debt for 7.7 million Americans — a more modest program than originally proposed but a genuine lifeline for the most distressed borrowers.

A decade after Robinhood pioneered zero-commission trading and forced every major US brokerage to follow, an analysis of how the revolution democratized investing and what the unexpected consequences have been for American retail investors.

Even as overall US inflation has returned to the Fed's 2% target, a new BLS analysis reveals that car insurance, housing, and childcare remain stubbornly expensive — and the Americans most affected are those who can afford it least.

The IRS has finalized sweeping new rules requiring crypto exchanges to report all US customer transactions, fundamentally changing how American crypto investors handle their taxes.