• If Trump changes your taxes, here are the deductions and breaks that could go away
    Politics
    CNBC.com4 hours ago

    If Trump changes your taxes, here are the deductions and breaks that could go away

    President Trump’s promised plan to cut taxes could actually be a terrible thing for some taxpayers    7 Hours Ago | 01:33 The question of whether you'll be paying more in taxes under President Donald Trump may hinge on how much you use tax deductions now. The Trump administration Wednesday unveiled the broad outlines of his campaign promise to overhaul the sprawling U.S. tax code with a simpler system that lowers tax rates. But even as those rates come down, closing loopholes and eliminating popular deductions will expose more of the average household's income to taxes. It remains to be seen how deeply the plan cuts into the most widely used deductions, which cost the government hundreds of billions

  • Hedge fund billionaire Bill Ackman provides a perfect example of how the rich get richer
    Business
    Business Insider5 hours ago

    Hedge fund billionaire Bill Ackman provides a perfect example of how the rich get richer

    There's a great piece in The Wall Street Journal about how Wall Street's masters of the universe invest their money through family offices, and how that can sometimes raise eyebrows across the industry. It's not hard to see why family offices can be a problem. Big-time investors are supposed to be putting their clients' interests first, and The Journal report suggests that if they're investing for themselves, they might get distracted from their work.

  • 5 in-demand entry-level jobs that pay over $60,000 a year
    Business
    CNBC10 hours ago

    5 in-demand entry-level jobs that pay over $60,000 a year

    It's hard enough for college students to pass their classes, let alone figure out what to do with their life. The company focused specifically on entry-level jobs — those requiring zero to two years of experience — for candidates who hold a bachelor's degree. The top five jobs on Monster's list are well-paid, offering salaries higher than the U.S. median of $55,775 , according to Pew Research.