New $2,000 Charitable Deduction Starts in 2026
📋 Key Facts ✓ The 'big beautiful' budget bill created a $2,000 above-the-line deduction on charitable donations. ✓ This deducti...
Dec 22CNBCPolitics
📋 Key Facts ✓ The 'big beautiful' budget bill created a $2,000 above-the-line deduction on charitable donations. ✓ This deducti...
JPMorgan Chase : Bob Henry/UCG/Universal Images Group via Getty Images JPMorgan's asset and wealth management unit is dropping proxy advisors for shareholder voting in the US. In place of external hum...
Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
White House AI and crypto czar David O. Sacks speaks with President Donald J Trump before he signs an executive order about pediatric cancer research and artificial intelligence, in the Oval Office at...
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional café guided his vision of what his s...
Briana Bello, a recruiter for Hard Rock Stadium, looks over a resume from a job seeker during a job fair Thursday, Aug. 28, 2025, in Sunrise, Fla. (AP Photo/Marta Lavandier) Marta Lavandier/Associated...
Sergey Brin, Larry Page, and Jeff Bezos are all approaching $300 billion net worths. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The $200 billion club could soon be old news as tech...
Speaking with FRANCE 24's Mark Owen, James J. Townsend Jr, Senior Advisor at the Atlantic Council, says that the presence of US envoys Steve Witkoff and Jared Kushner at the Ukraine peace talks in Par...
The short-term outlook doesn't bode well with regards to GPU pricing. PCMag and other outlets have reported that Nvidia may cut back production on its consumer graphics cards by up to 30%-40% due to t...
The American economy is tipping away from low-wage workers once again. PATRICK T. FALLON/AFP via Getty Images The K-shaped economy has returned, with gaps widening between high and low-income American...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
Delivering food or driving passengers for Uber isn't the only type of gig work anymore. PIROSCHKA VAN DE WOUW/REUTERS Gig work has never been more widespread — and more challenging. Over the pas...
China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically c...
Attorney Alex Spiro wrote to California Gov. Gavin Newsom saying several of his clients would relocate if a billionaire tax were implemented. Ramsay de Give-Pool/Getty Images; Michael M. Santiago/Gett...
A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over a multibillion-dollar fraud and extradited to China, was ordered liquidated on Thursday, Cambodi...
Offshore bondholders of distressed developer China Vanke could face near-total losses in a worst-case scenario, according to Barclays, underscoring the deepening risks in mainland China’s property sec...
China’s carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country’s ...
Meta Platforms’ multibillion-dollar acquisition of Manus, a Chinese-founded artificial intelligence agent start-up, has set off a mix of excitement and unease in China’s tech circles, opening what som...
DramaBox is best known for romances and thrillers. DramaBox DramaBox is seeking to raise funding as the competition among micro-drama apps intensifies. The app from Singapore's StoryMatrix is a top pl...