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Jun 25, 2026As Social Security faces trust fund depletion, some Washington lawmakers call for taxing high earnersThe trust fund Social Security relies on to help pay retirement benefits may run out in the fourth quarter of 2032, when 78% of benefits will be payable, according to a recent report. Yet high earners may contribute payroll taxes toward the...
Mar 9, 2026Million-dollar earners have already stopped paying into Social Security for 2026The Social Security payroll tax is capped at $184,500 in 2026. Some high earners have already stopped paying into the program for the year. Here’s why some experts say it’s time to lift the cap and require the wealthy to pay more into the p...
Feb 3, 2026Private equity exits rise as returns fallThe number of global private equity exits rose 5.4% last year to 3,149, according to data from S&P Global Market Intelligence. The total value of those deals declined 21.2% year over year to $412.1 billion, the data showed. The dynamic ...
Jan 12, 2026Cuba’s president says no current talks with the US following Trump’s threatsGetting your Trinity Audio player ready... By ANDREA RODRÍGUEZ, DÁNICA COTO and MILEXSY DURÁN, Associated Press HAVANA (AP) — Cuban President Miguel Díaz-Canel said Monday that his administration is not in talks with the U.S. government, a ...
Sep 9, 2025Hyundai immigration raid could leave other businesses reassessing their workforcesThe immigration raid on a Hyundai plant last week could leave other companies scrambling to make changes, experts told CNBC. Businesses are likely reassessing their workforces and working to train more American workers, as the Trump adminis...
Apr 4, 2025Trump’s claim that low tariffs caused the Great Depression is false, economist says: Here’s what really happenedOn Wednesday, President Donald Trump announced a new round of global tariffs, instituting a minimum 10% levy on goods imported from countries around the world, which he said he hopes will strengthen the U.S. economy and remedy what he calls...
Mar 7, 2025Million-dollar wage earners have already stopped paying into Social Security for 2025In 2025, workers pay Social Security payroll taxes up to a $176,100 cap. High earners with $1 million in gross annual wage income have already stopped paying into the program as of March 6. Most workers can expect to see Social Security pay...
Oct 21, 2024National Politics | Should the minimum wage be lower for workers who get tipped? Two states are set to decideArizona employers can pay their tipped workers $3 less hourly than other workers. Under current rates, that means tipped workers’ base pay is $11.35 an hour. Voters will decide whether to approve a measure backed by state Republicans and th...
Jun 6, 2024Labor Department set to release May jobs report. Here's what to look for.The U.S. job market is starting to resemble what it looked like before the pandemic upended work and life around the globe. With the Department of Labor set to release May employment data on Friday, analysts forecast that employers added 18...
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