January 22, 2026 - 04:36

During his address at the World Economic Forum in Davos, Switzerland, President Donald Trump introduced a controversial proposal aimed at extending the benefits of business tax breaks to homeowners. The suggestion involves allowing homeowners to claim depreciation on their personal residences, a move that could significantly alter the landscape of tax benefits for individuals.
Trump's proposal seeks to provide financial relief to homeowners, potentially enabling them to deduct a portion of their home's value over time, similar to how businesses currently depreciate their assets. This idea has sparked discussions among economists and policymakers about its implications for the housing market and tax revenue.
Supporters argue that the measure could stimulate the housing sector by making homeownership more financially appealing, while critics raise concerns about the fairness of such a tax break and its potential impact on government revenue. As the proposal gains attention, it remains to be seen how it will be received by Congress and the public.
June 12, 2026 - 05:58
A closer look at how the World Cup impacts local businesses in the South BayThe roar of the crowd is not just coming from the stadium. Across the South Bay, from downtown San Jose to quiet neighborhood strips, local businesses are feeling the economic ripple of the World...
June 11, 2026 - 22:18
A sign of the times? Two more Riverside restaurants closing their doorsTwo more restaurants in Riverside have announced they are shutting down, posting the sad news on their Facebook pages this week. The closures add to a growing list of local eateries that have...
June 11, 2026 - 02:13
Nvidia Buys Kumo AI To Bring AI Predictions To Business DataNvidia has acquired Kumo AI for a reported $400 million, signaling a strategic shift toward applying artificial intelligence to internal business data rather than just public documents or software...
June 10, 2026 - 02:32
Iowa's STOP Fraud Act targets fake business addressesIowa Secretary of State Paul Pate has announced that the newly signed STOP Fraud Act represents a significant step forward in the fight against business fraud, though he acknowledged that...