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Studio4 | E+ | Getty ImagesAs President Donald Trump continues to negotiate the rate of tariffs that countries will ultimately pay to do business with the U.S., Americans are already feeling the pinch of higher prices — and many worry about their ability to pay down debt. About 78% of survey respondents say Trump’s tariffs, or taxes on imported goods, will make it harder to manage or repay debt, according to a recent report by Zety, a resume templates site. The survey polled 1,005 U.S. employees on April 12.More from Personal Finance:How the GOP budget bill targets immigrant financesThis trend picks…

ISLAMABAD: The Pakistan Sports Board (PSB) has taken serious notice of officials in various sports federations holding positions beyond the permissible two terms, in violation of the National Sports Policy 2005. The PSB has issued warning letters to nine office-bearers from different federations who have exceeded the allowed tenure limits, according to a press release issued by the Board. As per the press release, the federations found in violation include the Pakistan Baseball Federation, where the president, secretary, and treasurer have continued in office beyond the prescribed terms; the Pakistan Taekwondo Federation and the Pakistan Judo Federation, where both the…

CNN  —  Eighteen months ago, at around 7 p.m. practically every night, Chloe Lawson would start a four-mile walk to Subway, where she’d work the overnight shift, earning a buck above the $7.25 federal minimum wage. Eight hours later, the then 19-year-old would clock out and head back to find somewhere to hopefully get some sleep. She had no family, no friends she could stay with in Splendora, Texas, a small town outside Houston. She often found herself at “some shady hotel” or other unsafe places. “I honestly didn’t have a future,” she said. That’s changed in the year and…

LAHORE: The Pakistan Cricket Board (PCB) has reverted to the previous eight-team format for the Quaid-i-Azam Trophy, just a year after experimenting with an 18-team First-Class structure, Dawn has learnt Well-placed sources revealed that the decision was finalised during a meeting of the PCB’s domestic cricket committee held here on Friday. Under the revised format, the top six regional teams from last year’s Quaid-i-Azam Trophy have earned direct qualification, while the remaining two spots will be filled by teams promoted through the second-tier Hanif Trophy, set to commence on August 15. For the first time in the tournament’s history, no…

A relatively underappreciated constituency is raising the alarm about President Donald Trump’s “big, beautiful bill” — gamblers.Tucked into the nearly 900-page legislation is a change to how gambling losses are taxed that some professional and amateur bettors say could crush the industry.The provision, only a few paragraphs, would limit what gamblers can deduct from their yearly taxes to 90% of their losses starting in 2026. Currently, bettors can deduct the entirety of their losses, up until their winnings.What a number of gambling aficionados pointed out on social media was that by limiting the tax deduction to 90% of losses, gamblers could actually…

The bodies of Liverpool footballer Diogo Jota and his brother Andre Silva arrived in northern Portugal on Friday for a wake in their hometown, as tributes continued to pour in after they died in a car accident in Spain. A convoy of hearses left for Gondomar near Porto on Thursday evening from the morgue of Puebla de Sanabria, near where the Lamborghini the brothers were travelling in had veered off the road and burst into flames after midnight early on Thursday. Police said they suspected a tyre had burst. Jota’s wife Rute Cardoso, who had married the footballer just weeks…

LONDON: Novak Djokovic showed signs that he is easing into the old routine at Wimbledon as the seven-times champion sauntered into the third round on Thursday and Barbora Krejcikova also made it through as her title defence continued. This year’s Championships have been littered with seeds biting the dust early but day four offered some big statements from those fancied for deep runs on the lawns. Former women’s champion Elena Rybakina may have arrived very much under the radar but has reached the third round for the loss of a mere seven games, the 11th seed destroying Greece’s Maria Sakkari…

Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House of Representatives waits to vote on President Trump’s “big beautiful bill” reconciliation package on July 3, 2025.Bill Clark | CQ-Roll Call, Inc. | Getty ImagesA massive package of tax cuts championed by President Trump that Congress passed on Thursday would be a windfall for the wealthiest U.S. households. But the size of that financial benefit depends largely on where high-income taxpayers live, according to a new analysis by the Institute on Taxation and Economic Policy.The legislation would give the top…

U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | ReutersHow to read this guideFollow along from start to finish, or use the table of contents to jump to the section(s) you want to learn more about. Need a refresher on key tax terms? Start here.Trump’s 2017 tax cut extensionsTrump’s new legislation makes permanent the 2017 tax cuts while increasing these tax breaks:Standard deduction: Up from $15,000 to $15,750 (single) and…

Speaker of the House Mike Johnson (R-LA) (L) talks with Rep. Andy Ogles (R-TN) as they leave the U.S. Capitol during a procedural vote on the One, Big, Beautiful Bill Act on July 2, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesHouse Republicans on Thursday approved President Donald Trump’s “one big beautiful” bill, which includes changes to the limit for federal deduction for state and local taxes, known as SALT.When you itemize tax breaks, you can claim the SALT deduction, which includes state and local income taxes and property taxes.Trump’s 2017 tax cuts added a $10,000 cap on the…