America’s wealth gap is growing, and Trump’s policies are making it bigger

Now, at 30, Pinkham owns a home in the Seattle area and is planning to build an expensive addition. When he and his wife think about having kids, he said child care costs aren’t a major concern, and if he were to lose his job, he’d have enough savings to get by for years. But … Read more

Trump touted bigger tax refunds this year, but Americans will likely spend them on gas

WASHINGTON — The U.S. economy was supposed to start the year with a bang, fueled by an unusually large jump in tax refunds from President Donald Trump’s tax cut legislation. Yet spiking gas prices are on track to eat up those refunds, leaving most Americans with little extra to spend. “Next spring is projected to … Read more

Surging U.S. gas prices could erase bigger tax refunds, analysis finds

Higher U.S. gasoline prices stemming from the Iran war could effectively wipe out the fatter tax refunds many Americans are expected to collect this year, a new analysis found.  Economists from the Stanford Institute for Economic Policy Research (SIEPR) estimate that the average U.S. household will spend an additional $740 on gas this year because of the jump … Read more

Iran war threatens to erase the economic bump from bigger tax refunds

Americans are poised to receive bigger refunds when they file their taxes this year than they did in 2025, due to changes in the tax code. Already, U.S. households have received an average federal tax refund of $3,742, according to IRS data as of Feb. 27. That’s about 10.6% higher than the average refund was … Read more

Sharks are taking a bigger bite of fishermen’s catch in Hawaii: “Paying the tax man”

In recent years, local small-boat fishers who pursue prized bottomfish such as ehu, onaga and the red opakapaka that’s popular on table spreads across Hawaii each New Year’s have seen a troubling spike in sharks that swoop in and tear their catch off the hook. “They’re basically losing money because they can’t bring in the … Read more

Longtime Trump critic reveals why she thinks his Iran actions are wrong, warns it’s a ‘much bigger war’

NEWYou can now listen to Fox News articles! The House voted Thursday on a Democrat-led Iran War Powers Resolution, aimed at limiting President Donald Trump’s military authority in Tehran — bringing to the fore a sharp debate over executive powers, and reviving fresh questions as to what level of consultation, if any, presidents must seek … Read more

Here’s how Americans say they plan to use their bigger tax refunds this year

Tax refunds are shaping up to be supersized in 2026, thanks to the “big, beautiful bill” signed into law last summer by President Trump. And many Americans already have plans for how to use that money, according to new findings from Bank of America Global Research The most common use of tax refunds — often the … Read more

From grief to gold medals, Trump’s SOTU guest list tells a bigger story

NEWYou can now listen to Fox News articles! President Donald Trump will deliver his fourth State of the Union address of his presidential tenure Tuesday night, which will include guests stretching from conservative speaker Charlie Kirk’s widow, Erika, to the parents of the National Guard member fatally shot on the streets of Washington, D.C., in … Read more