Business

Trump threatens 100% tariff on countries that tax digital services from US

WASHINGTON (AP) — President Donald Trump on Friday threatened a 100% tax on imports from any country that imposes a tax on digital services from United States companies. In a post on social media, Trump took aim at European countries that he said are discussing "imminent" implementation of ...

IRS did better than expected after slashing staff, except on the phone

WASHINGTON (AP) — The IRS did better than expected getting refunds out to taxpayers during the 2026 tax season despite massive cuts to its workforce, but the national taxpayer advocate says taxpayers who needed human help were left behind. “Taxpayers who required assistance from the IRS ...

World Cup ticket buyers stranded as resale purchases fall through

ATLANTA (AP) — Bina Ramroop broke down in tears when she realized she wasn't going to get the World Cup tickets she had bought for her grandson's 13th birthday. As thousands poured into Atlanta Stadium on Monday to see Spain face Cape Verde in what turned out to be a remarkable scoreless ...

Black bank card program to steer cash payments to single mothers in government housing

One of the few Black-owned banks in the United States is introducing a debit card aimed at helping single mothers who live in government-subsidized housing escape poverty. The Bank King Card debit card will be offered beginning Friday in honor of Juneteenth by Redemption Bank, which will make ...