House Republicans are renewing efforts to introduce a national sales tax and abolish the Internal Revenue Service (IRS), framing the measure as a way to ensure illegal immigrants contribute taxes. Representative Buddy Carter (R-GA) will unveil the FairTax Act of 2025 on Thursday, a bill designed to overhaul the U.S. tax system by replacing the federal income tax with a 23% national sales tax.
The FDA is advancing a controversial regulation to lower nicotine levels in cigarettes, drawing criticism for potential unintended consequences, including fueling black market activity.
The official X account for Ford Motor Company was reportedly compromised on Monday, resulting in the posting of inflammatory messages, including one labeling Israel a "terrorist state."
BioNTech has entered into two separate settlement agreements with the U.S. National Institutes of Health and the University of Pennsylvania regarding royalty payments for its COVID-19 vaccine.
Ford Motor Co. announced Monday it is donating $1 million and a fleet of vehicles to support President-elect Donald Trump's upcoming January inauguration.
Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.