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The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people familiar with the decision. The program developed during Joe Biden’s presidency was credited by users with making tax filing easy, fast and economical. But Republican lawmakers and commercial tax preparation companies … Read more
In a stunning move, on April 5, Illinois crypto law saw the passage of the “Blockchain Business Development Act,” a major shift in US crypto regulation news. Sounds nice, right? Well, don’t be fooled. It’s also called the Crypto Consumer Protection Act, and depending on how you look at it, it’s either the start of … Read more
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Donald Trump makes no secret of his loathing for regulations that limit water and energy use by home appliances. For years, he has regaled supporters at his campaign rallies with fanciful stories … Read more
President Donald Trump on Friday urged Congress to “push hard for more Daylight at the end of a day” in his latest dig at the semiannual changing of clocks. Trump, in a post on his Truth Social media network, said it would be “Very popular and, most importantly, no more changing of the clocks, a big … Read more
Ethereum is bleeding out, down 53% since February, as the market unravels around it. The scapegoat is the March Eric Trump crypto post. Eric Trump’s ill-fated “buy ETH now” pitch from earlier in 2025 has aged like milk. Scorn from traders and skeptics alike, even Peter Schiff, is pouring in as the market burns. (X) … Read more
A Florida man was arrested on Friday after allegedly making posts on social media in which he threatened to kill President Donald Trump. Glen DeCicco was charged with making written threats to kill, the Jupiter Police Department wrote in a press release. DeCicco’s arrest comes after police launched an investigation into comments he made on … Read more
The dust is settling after President Trump’s “Liberation Day” announcement, during which he signed an executive order imposing mutual tariffs on global trade partners. The Trump tariffs news heated debates everywhere on the trade war and its power to disrupt the ongoing financial market bull run. Yesterday, Trump declared “Liberation Day,” unveiling a 10% baseline … Read more
A rule to scrap a U.S. Internal Revenue Service rule targeting decentralized finance platforms has cleared the Senate, setting the stage for the president’s expected sign-off. On March 26, the Senate voted 70-28 in favour of repealing the controversial DeFi broker rule, which sought to expand tax reporting requirements for businesses in the sector. Earlier … Read more
Texas software developer Davis Lu faces up to 10 years in prison after a federal jury convicted him of “causing intentional damage” to his former employer’s network. According to the Justice Department, Lu, 55, began sabotaging his employer’s systems after a 2018 corporate restructuring left Lu with reduced responsibilities and system access. Lu is accused … Read more
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