2025 tax brackets and federal income rates

2025 tax brackets and federal income rates

Rockaa | E+ | Getty Images Federal tax brackets for 2025 Federal income tax brackets show how much you owe on each part of your “taxable income,” which you calculate by subtracting the greater of the standard or itemized deductions from your adjusted gross income. Higher standard deduction The standard deduction will also increase in … Read more

10-year Treasury yield tops 4.2% briefly

10-year Treasury yield tops 4.2% briefly

The U.S. 10-year Treasury yield continued rising on Tuesday after Federal Reserve officials urged caution on the path of interest rate cuts. After jumping 12 basis points on Monday, the yield on the 10-year Treasury rose more than 1 basis point to 4.198%. It earlier topped 4.2%, a level it has not reached in three months. … Read more

Cuba fights to come back from a nationwide blackout

Cuba fights to come back from a nationwide blackout

A woman works in a restaurant during a blackout in Havana, Cuba, October 17, 2024.  Norlys Perez | Reuters A small town in far eastern Cuba was recovering Tuesday from flooding that killed at least six people after Hurricane Oscar crossed the island’s eastern coast as a tropical storm with winds and heavy rain. Cuba’s … Read more