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Govt. offers relief on long-term capital gains for real estate, allows investors to choose between old and new LTCG regime
Indexation allowed investors to factor in the impact of inflation on their investment over the year…
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
Where Kamala Harris' VP pick Tim Walz stands on economic policies
Vice President Kamala Harris' running mate Minnesota Gov. Tim Walz may be exactly who she needed to…
Noah Sheidlower
A boomer with $50,000 in student loans voted for Trump in the last election. But with Biden's new repayment plan blocked, she's considering supporting a Democratic ticket.
Rebecca Hill, 61, is an independent voter who supported Trump. But GOP lawsuits blocking the SAVE s…
Ayelet Sheffey
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says
White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …
Ayelet Sheffey
Project 2025 is moving ahead whether Trump is elected or not
Donald Trump wants to distance himself from The Heritage Foundation's Project 2025 playbook. But th…
Katherine Tangalakis-Lippert
Utility bills are getting cheaper, but AI could spoil the party
The rise of Ai requires power-draining infrastructure. The buildout could add to utility costs for …
Filip De Mott
An FCC ruling has cut prison phone bills in half, disrupting the correctional telecommunications industry
The FCC adopted new rules that force prisons and jails to cap the cost of phone calls for incarcera…
Narimes Parakul
Where Biden and Trump stand on major issues like the economy, Ukraine, and immigration
Here's the key differences between Joe Biden and Donald Trump on the economy, climate, immigration,…
Grace Eliza Goodwin
A New York basic income participant used his monthly $1,000 to pay bills and launch a nonprofit
Kenneth McQueen, 35, received $1,000 a month through a New York guaranteed basic income pilot. He u…
Allie Kelly
Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain
The Supreme Court struck down the Chevron doctrine, inviting uncertainty over the fate of federal r…
Ayelet Sheffey
The House passes a bill to give parents a boosted child tax credit and businesses tax relief
Families that are covered under the legislation could see their 2023 taxes cut by $680.
Juliana Kaplan,Ayelet Sheffey,Lloyd Lee
Biden's promised economic agenda remains stalled, from student-debt relief to a minimum-wage hike and beyond
From student-loan relief to reversing Trump's tax cuts, Biden's 2020 economic agenda remains large…
Laura Italiano
A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief
The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…
Ayelet Sheffey
I work for a House Democrat and disagree with my boss on Gaza. So I'm secretly organizing behind their back.
A staffer for a House Democrat explains what it's like to anonymously protest on Capitol Hill for a…
Bryan Metzger
House Republicans are moving forward with a bill that would overhaul student-loan repayment and make it harder for Biden to get relief to borrowers
Republicans on the House education committee are marking up a bill to cap the borrowing of some stu…
Ayelet Sheffey
Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says
A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…
Ayelet Sheffey
House Republicans have a wacky new plan to finally pass Ukraine aid and force a sale of TikTok
Speaker Mike Johnson plans to hold separate votes on Ukraine aid and Israel aid, then bundle it tog…
Bryan Metzger
These student-loan borrowers qualify for debt cancellation through the government, but they're struggling to get the same relief on their private balances: 'I feel so defeated. I feel trapped.'
Biden forgave student loans for borrowers who went to schools accused of fraud. Private borrowers a…