Report: Trump Has Expressed ‘Serious Interest’ in Sending Troops Into Iran

Germany's Debt Spiral Warning Ignored As Berlin Doubles Down On Spending Submitted by Thomas Kolbe Finance Minister Lars Klingbeil is a sensitive character. Such personalities tend to react irrationally and extremely defensively to criticism. They are prone to resentment and quick retaliatory reflexes. So it was only a matter of time before the Federal Court of Auditors, too, felt the cold anger of the thin-skinned Social Democrat. Late last year, criticism from the auditors was promptly followed by a budget cut imposed by the Finance Ministry. The move was meant as a...

US Grows Only 1.5% In Q2, Badly Missing Estimates, Despite Strong Spending, Investment The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issued Thursday by the Bureau of Economic Analysis. This was well below the 2.0% median estimate.  The contributors to the increase in real GDP in the second quarter were increases in consumer spending, investment, and exports...

Charitable Giving: How To Manage Donations With New Tax Laws Authored by Javier Simon via The Epoch Times (emphasis ours), When you donate to qualified charitable organizations under the IRS, you could get some tax benefits in the form of charitable deductions. The OBBBA introduces new limits and tax breaks for charitable giving starting in 2026. Fox_Ana/Shutterstock But tax laws are constantly changing, and the One Big Beautiful Bill Act (OBBBA) has brought some major changes to charitable deductions beginning in tax year 2026. These shifts affect both itemizers and those who take...