The Senate’s top Democrat on the Finance Committee has called for an investigation by the IRS into tax advice given by two large law firms. He points to a strategy that lets wealthy clients claim Puerto Rico residency and avoid more than $100 million in U. S. taxes. The request targets opinion
The debate over how people can reduce their tax bills has shifted to a new focus. Senate Finance Committee members are now asking the IRS to dig into tax advice that may have helped wealthy clients skip over $100 million in federal taxes. The critics say the advice came from two big law firms,
The former president of South Korea, Yoon Suk Yeol, has been handed a seven‑year prison term by an appeals court. The judge found that Yoon resisted arrest and avoided a required cabinet meeting before he declared martial law in December 2024. Yoon had already been given a life sentence for leadi
"The latest attempt on the life of President Trump has sparked a debate about whether the United States is entering a dangerous era of political violence. A conversation with a government professor who studies violent acts reveals that this incident is not an isolated one; last year saw the killings
Prediction markets are getting bigger every day, letting people bet on nearly anything—from sports to elections to who will win the next reality show. But the government group supposed to keep an eye on these markets is getting smaller instead of bigger. Over the past few years, the agency in charge
It was a night of fancy clothes and high-level chatter, but the glamour vanished quickly when security spotted a man sprinting toward the ballroom with weapons in hand. The White House Correspondents' Association dinner, a place where journalists and politicians mingle in suits, ended early after th
The Washington Hilton has hosted big events for decades. It’s famous for its M-shaped design and sits in Dupont Circle, close to the White House. For years, it’s been the venue for the White House correspondents’ dinner, where politicians and reporters gather to share jokes and stories. But this yea
Peru’s upcoming presidential runoff is shaping up to be a nail-biter. Right-wing candidate Keiko Fujimori and leftist rival Roberto Sanchez are locked in a tie at 38% each, according to the latest Ipsos Peru poll. The vote count has dragged on since the first round, fueling accusations of foul play
The big dinner for reporters in Washington turned into a scary scene when a man ran toward the hotel’s security gate with a shotgun. He tried to get inside, but Secret Service agents shot him and stopped him before he could reach the ballroom. The event was happening in a large room at the Washingto
Kalshi, a site where people bet on future events, has stepped in to block and fine three U. S. House hopefuls for trading on markets that involve their own campaigns. The rule‑breakers come from Minnesota, Texas and Virginia, showing that the company is tightening its safeguards against political in
