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The Latest Breaking News from GoBankingRatescom

Here’s What Trump’s New Tax Law Means for Your Deductions and Donations

The "One Big Beautiful Bill" comes with changes to tax policy. You may not know about the impact on deductions and donations. Find out more about the impacts.

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Should You Actually Invest Your Own Money in the Trump Baby Accounts?

One of the key provisions of President Trump's "Big Beautiful Bill" establishes so-called "Trump Accounts," designed to encourage savings for newborn children.

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What Trump’s New Tax Law Means for Upper-Middle-Class Families Beyond 2025

The One Big Beautiful Bill Act (OBBBA) made plenty of changes to the tax law. If you earn six figures, watch out for these tax law changes.

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Will the Big Beautiful Bill Make Your Utility Bills More Expensive? Experts Weigh In

Energy experts warn it could raise utility bills across the U.S. and make long-term power costs more volatile.

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Red States vs. Blue States: Who Pays More in Taxes?

Throughout all 50 states, the debate between red states (Republican-leaning) and blue states (Democrat-leaning) can get pretty heated and often extends to financial aspects such as cost of living,...

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I Asked ChatGPT What Elon Musk’s ‘America Party’ Could Mean for the Economy — Here’s What It Said

Could Elon Musk’s proposed "America Party" reshape fiscal policy and the economy? ChatGPT weighs in on debt, disruption and what it could mean for your money.

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Trump Doesn’t Rule Out a Recession This Year — What Could That Mean for Your Wallet?

Worried about a recession? Discover how it could impact jobs, savings, and inflation—and learn expert tips to protect your finances before it hits.

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Expert: 4 Types of Investments To Avoid While Trump Is in Office

Experts warn Trump’s tariffs and policies could make these 4 investments riskier than ever. Find out what to avoid to protect your portfolio.

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Is Musk’s Political Pivot Good for Tesla? Experts Weigh In

Musk's avid political interests have shaken up the market and spooked investors. Read on for experts' take on whether Musk's pivot is good for the company.

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Money Experts Dan Nathan and Guy Adami on What the Musk-Trump Feud Could Mean for Investors

The richest man in the world feuding with the president could have economic ramifications. Two money experts talked about what that could mean for investors.

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3 Ways Homeowners Could Benefit From The ‘Big, Beautiful’ Bill

Now that One Big Beautiful Bill Act (OBBBA) has been signed into law, the final version offers some good, and not so good consequences for Americans. Perhaps there's one silver lining: Certain parts...

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Tariffs Are Impacting Home Renovation Prices — Here’s What You Need To Know

You might want to rethink the renovation you're planning as tariffs raise material prices. Find out what you need to know about tariffs and home renovations.

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4 Changes You Should Make to Your Spending Under the Trump Administration

Facing inflation, tax shifts and economic uncertainty under Trump? Discover 4 expert-backed spending changes to protect your finances and plan ahead.

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5 Electronics That Could Get Cheaper After Trump’s Trade Deal With China

In April 2025, President Trump announced that the United States would start imposing tariffs of 145% on goods imported from China. Since many of the electronics we use are made in China, this would...

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10 Products You Might Have Trouble Getting Due to China’s Steel Tariffs

Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading to supply chain disruptions.

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Is DOGE Preventing Financial Fraud or Making It Easier?

DOGE claims to cut waste and save billions, but whistleblower concerns and transparency issues raise questions about its true impact on government efficiency.

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4 Types of People Who Will Get Money Back From Trump’s New Tax Initiatives

President Trump is floating the idea of increasing taxes on the ultra wealthy who make $2.5 million annually from 37% to 39.6% to cover areas like immigration and military without cutting Medicaid. On...

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Grant Cardone Says Trump Is Great Businessman for One Reason — Do Experts Agree?

When real estate mogul Grant Cardone praises someone's business skills, people listen. He recently shared why he believes Donald Trump is a great businessman, and it all comes down to one thing:...

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