New $6,000 Deduction for Seniors Doesn't Repeal Social Security Taxes

Published on August 28, 2025

The recent statement that Trump's tax law "eliminated federal income taxes on Social Security" is misleading, groups say.

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GDP Per Capita: Q2 2025 Second Estimate

August 28, 2025
The second estimate for Q2 GDP came in at 3.29%, an acceleration from -0.50% for the Q1 third estimate. With a per-capita adjustment, the headline number is lower at 2.75%, a pickup from -1.00% for the Q1 headline number.

Edward Jones Lays Off Hundreds of Home Office Employees

August 28, 2025
This week's job cuts are tied to hundreds more voluntary separations that took placce earlier this year, the firm said.