Economy & Finance

Treasury, IRS Propose Rules For 1 Percent Remittance Tax On Some Money Sent To Foreign Countries Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Internal Revenue Service and the Department of the Treasury proposed regulations on Friday regarding the new excise tax, established under the One Big Beautiful Bill Act, on certain […]

All High Earners Need To Know About The Mega Backdoor Roth Authored by Javier Simon via The Epoch Times (emphasis ours), If done the right way, a mega backdoor Roth can allow investors to save in a workplace retirement plan such as a 401(k) beyond the typical contribution limits. High earners can use a mega

Oil Jumps, Stocks Dump As Peace Talks Fail, Hormuz Blockade Looms Before the ‘official’ futures markets opened, the risk-off tone (due to the failed peace talks and Trump’s threat to blockade Iranian vessels) was very evident in FX and crypto markets. Even given the usual caveats about thin liquidity, AUD/USD is down around 1%, a classic

“Create A Crisis”: American Association Of University Professors Sponsors Anti-ICE Campaign Authored by Jonathan Turley, “Create a crisis.” That call is made in a new campaign sponsored by the American Association of University Professors to force “colleges to drop their contracts with ICE’s key corporate enablers.” Despite years of criticism over the purging of faculty

Massachusetts Dems Advance Bill To Limit How Far You Can Drive In Your Own Car Authored by Steve Watson via Modernity.news, Massachusetts lawmakers are barreling ahead with a bill that would force the state to slash the total miles residents drive, all under the banner of cutting greenhouse gas emissions. The proposal, Senate Bill S.2246,

An Actual Smart Fix: How Waymo And Waze Are Tackling Potholes In San Francisco A smart new approach to fixing road issues is taking shape in San Francisco—and honestly, it’s finally a good idea.  Waymo, known for putting driverless cars on city streets, is now teaming up with Waze to help identify potholes. Using data

Orbán Concedes: 16-Year Fidesz Rule Collapses In Historic Hungarian Landslide In a stunning collapse that ends 16 years of uninterrupted rule, Hungarian Prime Minister Viktor Orbán has conceded defeat in Sunday’s parliamentary elections, according to statements from opposition leader Péter Magyar. With early results showing the Tisza Party on track for 128 seats in the

Decades-Long Study Blows Up Narrative That ‘Gender Reassignment’ Prevents Suicide Authored by Tim O’Brien via PJ Media, One of the most common talking points from the left is that if you don’t rush confused kids into the gender reassignment pipeline, they will kill themselves. The left tells us that “transgenderism” is not a mental health

President Trump Faces Renewed Backlash As Trump-Linked Tokens Crash Authored by Vince Quill via CoinTelegraph.com, United States President Donald Trump is facing renewed scrutiny as crypto tokens and projects touted by the US president crash to all-time lows or sit near record low levels. The Official Trump token (TRUMP), a memecoin pushed by Trump, hit

FAA Greenlights Laser Sentry Guns To Combat Attack Drones In U.S. Airspace The Federal Aviation Administration has given the green light for the U.S. military to deploy high-energy counter-drone laser weapons in U.S. airspace, adding a new, low-cost layer of protection against the rising threat from kamikaze drones. The decision follows a two-month interagency standoff