As inflation intensifies, the IRS is increasing the standard deductions for 2023 High inflation means some taxpayers will pay less to the IRS next year, and some will be dropped into a lower tax bracket. NPR's Leila Fadel talks to Jacob Bogage of The Washington Post.
The IRS is increasing the standard deductions for 2023 as inflation intensifies The IRS is increasing energy-related tax breaks, as well as standard deductions for single and married people and heads of households. Ayana Archie
Biden administration plans to release 15 million barrels from U.S. oil reserves President Biden is set to announce Wednesday that the U.S. plans to draw 15 million barrels of oil out of its strategic stockpiles in December. Tamara Keith
'A different kind of capitalist.' What motivates Starbucks CEO Howard Schultz? Washington Post reporter Greg Jaffe joins Soundside to discuss his profile of Starbucks CEO Howard Schultz. Jason Burrows
Amazon workers vote against unionizing at upstate NY warehouse This marks the second loss for the upstart Amazon Labor Union, which previously formed Amazon's first unionized U.S. warehouse in Staten Island. Amazon is still fighting that historic first union win. Alina Selyukh
You can run, but you can't hide: Inflation is busting budgets, and killing joy too Inflation is hitting Americans hard at home with prices soaring for electricity, groceries, rent, even breakfast. A carton of eggs is 30.5% more expensive than it was last year. Stacey Vanek Smith
The cost of candy is up a scary 13% just in time for Halloween Dressing up for trick or treat will also cost you. While the Bureau of Labor Statistics doesn't track the price of costumes, the prices of clothing and homemade sewing supplies have risen too. Becky Sullivan
When stocks are down, bonds hold steady or go up. So why are bonds down? The U.S. stock market is down this year. When that happens, bonds typically go up. But right now, both stocks and bonds are down. Chris Arnold
A neighborhood ice rink says goodbye after 60 years This week Seattle says goodbye to an ice skating rink that's been around for generations. Owners of the Highland Ice Arena in Shoreline say it’s a bittersweet end for the family business. Casey Martin
Kroger and Albertsons plan merger to combine 2 largest supermarket chains The $25-billion deal is likely to draw intense scrutiny from federal regulators and critics as it would form a new supermarket colossus at a time of soaring food costs. Alina Selyukh
