At LIZ WESTON or NerdWallet Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly …
Liz Weston: Make the most of the new charitable giving rules Read More »
FRANKFURT, Germany (AP) — Even as Ukraine celebrates its recent battlefield victorieshis government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering runaway price spikes for ordinary people or racking up debts that could hamper post-war reconstruction. The struggle is to find loans or …
EXPLANATION: Can Ukraine pay for war without destroying the economy? Read More »
WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-a-barrel price cap for Russian oil, a key step as Western sanctions aim to reshape the market world oil to prevent price spikes and deprive President Vladimir Putin of funding for his war in Ukraine. Europe …
G-7 joins EU on $60 a barrel price cap for Russian oil Read More »
BRUSSELS (AP) – The European Union was closing in on setting a price cap of $60 a barrel for Russian oil – a long-awaited and complex political and economic maneuver designed to keep Russia supplied to world markets while limiting President Vladimir Putin’s ability to fund his war in Ukraine. EU countries sought to push …
WASHINGTON (AP) — The U.S. House of Representatives moved urgently to end the looming nationwide railroad strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement concluded in September but rejected by some of the 12 unions concerned. The measure passed by a vote of 290 to 137 and …
House votes to avoid rail strike and force union deal Read More »
KUALA LUMPUR, Malaysia (AP) — Longtime reformist leader Anwar Ibrahim was sworn in as Malaysia’s prime minister on Thursday and pledged to heal a racially divided nation, fight corruption and revive an economy struggling with the rising cost of living. His rise to the top was a victory for political reformers who have been locked …
New Malaysian Prime Minister Anwar pledges to heal divided nation and economy Read More »
