Fatima Hussein

Stay informed with Fatima Hussein’s coverage and analysis for Fortune.

Page 9 of 15

  • FILE – The exterior of the Internal Revenue Service (IRS) building is seen in Washington, on March 22, 2013. Congress is racing to wind down a tax break meant to encourage businesses to keep workers on the payroll during the COVID-19 pandemic. What was expected to cost the government $55 billion has instead cost it nearly five times that amount as of July. Meanwhile, new claims pour into the IRS each week. (AP Photo/Susan Walsh, File)Politics

    Lawmakers race to wind down COVID-era employee retention tax credit, seeing ‘almost universal fraud in the program’

    By Kevin Freking, Fatima Hussein, and others
  • Joe Biden, Shawn FainPolitics

    UAW’s Shawn Fain says Trump ‘doesn’t care about the American worker’ as union backs Biden for re-election

    By Tom Krisher, Fatima Hussein, and others
  • Joe BidenPolitics

    Biden expected to get UAW endorsement, source says

    By Fatima Hussein, Zeke Miller, and others
  • Vladimir PutinPolitics

    UAE shipping firm hit with U.S. sanctions for violating $60 price cap for Russian crude oil

    By Fatima Hussein and The Associated Press
  • Volodymyr ZelenskyyPolitics

    Zelensky urges Davos to take $300 billion of Russian Central Bank money and help Ukraine war effort: ‘Putin loves money above all’

    By Fatima Hussein and The Associated Press
  • U.S. Treasury Secretary Janet Yellen speaks during a visit to the Financial Crimes Enforcement Network (FinCEN) in Vienna, Va., Monday, Jan. 8, 2024. Yellen announced that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new government effort to unmask shell company owners. (AP Photo/Susan Walsh)Politics

    Treasury Secretary Yellen pushes back against Republican criticism—U.S. economic growth ‘vindicates’ Biden’s pandemic stimulus spending

    By Fatima Hussein and The Associated Press
  • Internal Revenue ServicePolitics

    IRS touts its work on delinquent millionaires, saying it bagged an extra $360 million in overdue taxes thanks to Joe Biden’s Inflation Reduction Act

    By Fatima Hussein and The Associated Press
  • Janet YellenFinance

    Janet Yellen’s quest to expose ‘dirty money’ gets 100,000 firms to sign up to shell company database

    By Fatima Hussein and The Associated Press
  • The US Capitol in Washington, DC, US, on Wednesday, Dec. 13, 2023. Republicans in the US House voted Wednesday to formally authorize an impeachment inquiry into President Joe Biden, escalating a probe that has been underway for several months. Photographer: Al Drago/Bloomberg via Getty ImagesPolitics

    National debt reaches a new record of $34 trillion—or about $100,000 for every person in the U.S.

    By Fatima Hussein, Josh Boak, and others
  • This is a portion of US Steel’s Edgar Thomson Plant in Braddock, Pa., on Monday, Dec. 18, 2023. U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. (AP Photo/Gene J. Puskar)Politics

    Biden believes U.S. Steel sale to Japanese competitor warrants ‘serious scrutiny’ as opposition from Steelmakers union mounts

    By Zeke Miller, Fatima Hussein, and others
  • WASHINGTON – APRIL 19: Internal Revenue Service Commisioner Daniel Werfel testifies during the Senate Finance Committee hearing on “The President’s Fiscal Year 2024 IRS Budget and the IRS’s 2023 Filing Season” on Wednesday, April 19, 2023. (Bill Clark/CQ-Roll Call, Inc via Getty Images)Personal Finance

    Many people who owe back taxes can now pay up without penalty after IRS waives its usual fees

    By Fatima Hussein and The Associated Press
  • FILE – Phillip Swagel, Director of the Congressional Budget Office, testifies during a Senate Budget Committee hearing about Social Security, July 12, 2023, on Capitol Hill in Washington. The Congressional Budget Office said Friday, Dec. 15, that it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years. (AP Photo/Jacquelyn Martin, File)Politics

    Inflation will fall to nearly 2% next year but unemployment will surge, Congressional Budget Office predicts

    By Fatima Hussein and The Associated Press
  • Treasury Secretary Janet YellenFinance

    Treasury Secretary Janet Yellen says Trump’s China tariffs left America ‘vulnerable and more isolated’ in rare rebuke of GOP front-runner

    By Fatima Hussein and The Associated Press
  • FILE – A sign outside the Internal Revenue Service building is seen, May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)Personal Finance

    IRS won’t be cracking down on your Venmo and other payment app sales just yet

    By Fatima Hussein and The Associated Press
  • Vladimir PutinPolitics

    Putin just got caught red-handed using UAE firms to carry oil above the $60 price cap—and new sanctions are coming

    By Fatima Hussein and The Associated Press