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
FedEx is pledging to return any tariff costs it charged to customers if the Trump administration refunds the delivery company for the levies. “If refunds are issued to FedEx, we will issue refunds to the shippers and consumers who originally bore those charges,” FedEx said in a statement on Thursday. “When that will happen and the … Read more
FedEx sued the Trump administration Monday, seeking a “full refund” of all tariffs it paid the government under the overturned International Emergency Economic Powers Act. The Supreme Court ruled Friday that President Donald Trump exceeded his presidential authority when he deployed the act to impose sweeping tariffs on almost all U.S. trading partners. “Accordingly … … Read more