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Economy

Jeff Bezos
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

Billionaire Amazon founder, Jeff Bezos, says the bottom 50% of Americans should pay no federal income tax—and he plans to pitch the idea to President Trump.

By Preston ForeMay 21, 2026
Current price of Bitcoin for May 21, 2026
Current price of Bitcoin for May 21, 2026
By Joseph HostetlerMay 21, 2026
Current price of oil as of May 21, 2026
Current price of oil as of May 21, 2026
By Joseph HostetlerMay 21, 2026
Girl doing backflip into the ocean.
Your ‘flexible hot girl summer’ is going to cost you
By Catherina GioinoMay 21, 2026
brigham
The U.S. freight network is broken by design. One merger could start fixing it
By Brigham A. McCownMay 21, 2026
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
By Kamal AhmedMay 21, 2026
Latest Stories
Intuit CFO on why the company is simplifying its structure
NewslettersIntuit CFO on why the company is simplifying its structure
By Sheryl EstradaMay 21, 2026
Anu Madgavkar, a partner at the McKinsey Global Institute
AIMcKinsey partner says up to 50% of work hours could be transformed within the next 5 years
By Emma BurleighMay 21, 2026
Legion Recharge Creatine Review (2026): Expert Tested
HealthLegion Recharge Creatine Review (2026): Expert Tested
By Christina SnyderMay 21, 2026
Photo of MacKenzie Scott
SuccessMacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list
By Sydney LakeMay 21, 2026
Current price of Ethereum for May 21, 2026
Personal FinanceCurrent price of Ethereum for May 21, 2026
By Joseph HostetlerMay 21, 2026
allbirds
AIAllbirds’ 600% stock surge says a lot about how ‘AI washing’ became the new ‘greenwashing’
By Suvrat Dhanorkar and The ConversationMay 21, 2026
Current price of gold as of May 21, 2026
Personal FinanceCurrent price of gold as of May 21, 2026
By Danny BakstMay 21, 2026
Top CD rates from major banks May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on May 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 21, 2026
More EconomyPage 73 of 100
Chancellor of the Exchequer Rachel Reeves (R) on stage at Fortune Global Forum in Riyadh.
ConferencesRachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances
By Eleanor PringleOctober 27, 2025
  • Shawn Nelson sits in a white chair in an all-black outfit, gesturing with his left hand.
    North America‘That would be neat’: American businesses eye $1 trillion in tariff refunds—and a long fight ahead—depending on the Supreme Court
    By Sasha RogelbergOctober 23, 2025
Trump
PoliticsTrump hails Milei’s Argentina win, says U.S. made ‘lot of money’
By Daniel Flatley, Josh Wingrove and BloombergOctober 27, 2025
President Donald Trump attends a press conference with UK Prime Minister Keir Starmer (not pictured) at Chequers at the conclusion of a state visit on September 18, 2025
EconomyWhy is Washington acting like the U.S. is in a recession?
By Eleanor PringleOctober 27, 2025
Ray Dalio, Founder and Mentor, Bridgewater Associates and Dalio Family Office
ConferencesRay Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling and unproductive
By Eleanor PringleOctober 27, 2025
China asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting
AsiaChina asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting
By BloombergOctober 27, 2025
Bessent calls anti-tariff Reagan ad ‘psy-ops’ and says the U.S. rescue of Argentina still counts as ‘America first’ because it helps an ally
EconomyBessent calls anti-tariff Reagan ad ‘psy-ops’ and says the U.S. rescue of Argentina still counts as ‘America first’ because it helps an ally
By Jason MaOctober 26, 2025
  • Tech stocks look shaky, and the market is ‘showing early signs of vulnerability,’ JPMorgan analyst says
    InvestingTech stocks look shaky, and the market is ‘showing early signs of vulnerability,’ JPMorgan analyst says
    By Jim EdwardsOctober 23, 2025
China will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer
EconomyChina will make ‘substantial’ purchases of U.S. soybeans and should avoid an extra 100% tariff, says Bessent—who reveals he’s also a farmer
By Jason MaOctober 26, 2025
Scott Bessent
EconomyScott Bessent hails ‘very successful framework’ of U.S.-China trade deal
By Chris Megerian, David Rising, Eileen Ng and The Associated PressOctober 26, 2025
Trump
EconomyU.S., China tee up sweeping trade deal for Trump, Xi to finalize
By Daniel Flatley, Josh Xiao and BloombergOctober 26, 2025
President Donald Trump announced a $130 million donation by an anonymous donor to help pay U.S. troops on Thursday.
LawThis mysterious billionaire and top Trump backer is behind a $130 million donation to pay troops during the government shutdown, report says
By Nino PaoliOctober 25, 2025
Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say
EconomyRussia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say
By Jason MaOctober 25, 2025
  • Trump
    EconomyBudget watchdog on $38 trillion national debt: ‘It’s tough to decide what the most appalling part is of today’s announcement’
    By Eleanor Pringle and Nick LichtenbergOctober 23, 2025
China’s rare earth limits may have ‘gone too far this time’ as trade talks start while U.S. gathers support amid global backlash
EconomyChina’s rare earth limits may have ‘gone too far this time’ as trade talks start while U.S. gathers support amid global backlash
By Jason MaOctober 25, 2025
Trump
EconomyTrump flies to Asia with crunch China talks looming: ‘We have a lot to talk about’
By Michelle L. Price and The Associated PressOctober 25, 2025
Duffy
EconomyFlight delays spike over 6,000 on Thursday as government shutdown cripples air traffic nationwide
By Josh Funk and The Associated PressOctober 25, 2025
Lula, Petro
EconomyYour morning cup of coffee is more expensive. Trump tariffed the top provider and launched an anti-drugs campaign against the second
By Dee-Ann Durbin, Chris Rugaber and The Associated PressOctober 25, 2025
Carney, Trump
North America‘I can play dirtier than they can, you know’: Trump’s fury at a Canadian ad about Reagan, tariffs and trade
By Will Weissert, Seung Min Kim, Rob Gillies and The Associated PressOctober 25, 2025
Like Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’
EconomyLike Javier Milei, Trump also can’t stop Argentina’s peso from falling — ‘Will the U.S. get paid back?’
By Jason MaOctober 25, 2025
Social Security payments to go up 2.8% next year while polls show three-fourths of seniors think 3% isn’t enough to keep up with rising prices
EconomySocial Security payments to go up 2.8% next year while polls show three-fourths of seniors think 3% isn’t enough to keep up with rising prices
By Fatima Hussein and The Associated PressOctober 24, 2025
U.S. President Donald Trump (R) and Canadian Prime Minister Mark Carney speak to reporters in the Oval Office of the White House on October 07, 2025 in Washington, DC.
North AmericaOntario quickly caves to Trump and promises to pull the offending Reagan ad that killed Canada trade talks
By Will Weissert, Seung Min Kim, Rob Gillies and The Associated PressOctober 24, 2025
These 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says
EconomyThese 2 states will determine if the U.S. slips into a recession while one more enters the danger zone, top economist says
By Jason MaOctober 24, 2025
billionaires
EconomyBillionaires’ tax to solve Medicaid funding cuts? Major California union floats one-time policy patch
By Sophie Austin and The Associated PressOctober 24, 2025
Jerome Powell
EconomyInflation is still ‘the dog that didn’t bark’ as delayed CPI report shows cooler-than-expected rise to 3%
By Christopher Rugaber, Nick Lichtenberg and The Associated PressOctober 24, 2025
Powell
EconomyTop economist on the economy’s dirty truth: The only people who feel good are ‘making over $200,000’ and ‘have large stock portfolios’
By Eva RoytburgOctober 24, 2025
Ford CEO thanks President Trump for latest tariff policies: ‘We are no longer disadvantaged’
EconomyFord CEO thanks President Trump for latest tariff policies: ‘We are no longer disadvantaged’
By Ashley LutzOctober 24, 2025
Photo: Lisa Shalett, Chief Investment Officer / Wealth Management, at Morgan Stanley.
InvestingDebt financing in AI is a signal tech’s bull market is ‘getting weaker and weaker as the days go by,’ Morgan Stanley CIO says
By Jim EdwardsOctober 24, 2025
US President Donald Trump greets Canadian Prime Minister Mark Carney
EconomyTrump shutting down trade talks with Canada could give Beijing another advantage
By Eleanor PringleOctober 24, 2025
Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC.
EconomyThe Fed just lost a key data feed on the job market days before its next rate meeting. A former BLS chief warns it’s ‘very concerning’ as Powell is left ‘flying blind’
By Eva RoytburgOctober 23, 2025
President Donald Trump, center, delivers remarks about AI infrastructure with Masayoshi Son, chairman and CEO of SoftBank Group Corp, Larry Ellison, executive charmain Oracle, and Sam Altman, CEO of Open AI in the Roosevelt Room of the White House, on January 21, 2025, in Washington, DC. (Photo by Jabin Botsford /The Washington Post via Getty Images)
EconomyAI boom is making your utility bills more expensive, says BofA, and they’re likely to keep going up
By Eleanor PringleOctober 23, 2025
The U.S. housing market is in spooky season: 15% of home sellers are getting ghosted by buyers
Real EstateThe U.S. housing market is in spooky season: 15% of home sellers are getting ghosted by buyers
By Sydney LakeOctober 23, 2025
Tired worker
SuccessBank boss says Gen Z did ‘what society told them’—they got degrees and debt—but still no jobs: ‘This generation wasn’t built to withstand that level of rejection
By Jessica CoacciOctober 23, 2025
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Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ placeholder alt text
By Preston ForeMay 19, 2026
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'placeholder alt text
By Preston ForeMay 20, 2026
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympicsplaceholder alt text
By Mike Householder and The Associated PressMay 17, 2026
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