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The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 72.5 cents per mile driven, up 2.5 cents from 2025. The increased ...

The IRS has announced that the 2026 standard mileage rate for business use is 72.5 cents per mile, the highest rate on record. Medical and military moving rates dipped. The IRS has announced that the ...

Many drivers do not claim the mileage deduction on their federal income tax returns. Companies that reimburse their employees for mileage driven for business often follow the IRS mileage rate. Most ...

The Federal Reserve cut rates by 0.75% in 2025 amid economic uncertainty. Inflation and unemployment trends are diverging, complicating future Fed decisions on rate cuts. Odds for a January 2026 rate ...

PHOENIX, Dec. 24, 2025 /PRNewswire/ -- Rate, a leading fintech company and title sponsor of the Rate Bowl, is expanding its footprint across broadcast, digital, and in-stadium fan engagement while ...

Many mortgage lenders are cutting tracker and variable rates for existing customers as the dust settles on the Bank of England's decision to cut the base rate from 4% to 3.75% just days ago (on ...

Dec 16 (Reuters) - The unemployment rate for two U.S. groups that are often the most vulnerable to job loss in a softening economy - Blacks and teenagers - surged to the highest levels in more than ...

The economy is flashing new warning signs, as the U.S. labor market shed jobs over October and November, and the unemployment rate ticked up to 4.6 percent, the highest level since 2021. Job gains of ...

Mortgage rates have been largely unchanged. The Federal Reserve slashed interest rates a quarter of a percentage point this week, delivering its third rate cut since September. The policy brightened ...

The Bank of Japan will raise its policy interest rate next week, resuming the hiking cycle for the first time since January, according to a Bloomberg survey of BOJ watchers. All 50 economists expect ...