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Taxpayers who bought a new car in 2025 may qualify for a new tax break in the upcoming filing season — so long as that vehicle was made in the U.S., the Internal Revenue Service said.Processing ContentTaxpayers should check the vehicle information label, or VIN, to figure out whether a car they purchased this year qualifies for President Donald Trump’s new tax deduction for car loan interest, the IRS said in guidance about the tax break published on Wednesday.The tax deduction applies to new cars assembled in the U.S. purchased from 2025 through the end of 2028. The IRS advised…

When I moved to Charlotte, North Carolina, to be with my boyfriend in 2018, I fell hard for city life.After growing up in a small town in Virginia where weekend plans meant driving an hour to DC, I loved having museums, comedy shows, bars, and restaurants just a short walk away.We lived between Uptown and South End, able to walk to work during the day and hit our favorite spots at night. It felt like the perfect mix of energy and opportunity — and for years, I couldn’t imagine leaving.But as the years passed, the city began to wear us…

Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City.Spencer Platt | Getty Images News | Getty ImagesFrom Spirit Airlines’ fight for survival to American Airlines’ planned glow-up, from new international routes and brand-new airport lounges to stingier frequent flyer policies, class divides in the sky will intensify in 2026.Airlines went into 2025 upbeat: Delta Air Lines CEO Ed Bastian forecast a record year for the century-old carrier. But concerns about President Donald Trump’s trade war, skittish consumers and an oversupply of domestic seats brought U.S. airfare down and weighed on industry profits.”It’s…

Walmart is trying to transform itself from America’s grocery store into a global tech titan and is reshaping its workforce in the process.The 63-year-old company has been the largest retailer in the world for decades and has held the top spot on the Fortune 500 list since 2013. But it has also invested heavily over the past several years in becoming a powerhouse of e-commerce and retail media.Salary data shows how serious Walmart is about competing with the likes of Amazon, Facebook, and Google for talent to beef up its tech.Company filings with the US Labor Department show Walmart sought…

The post-pandemic era marked by growing wages and opportunities for lower-income Americans has flipped around.The K-shaped economy is back, and it could mean more trouble in 2026.For higher earners, economic outcomes and opportunities are chugging along, albeit perhaps a bit muted than during the boom labor market of a few years ago. For those at the bottom, in lower-earning positions that are traditionally more sensitive to downturns, things are looking worse.It might also spell rocky times ahead for an economy that’s largely being propped up by the spending and opportunities of those at the top.The return to a K-shaped economy…

This as-told-to essay is based on a conversation with Emrick Donadei, a 32-year-old software engineer at Google, based in New York. His identity and employment have been verified by Business Insider. The following has been edited for length and clarity.When I started at Google a few years ago, my role was completely unrelated to AI.When ChatGPT came out, Google started to focus more on LLMs and opened up more opportunities in the company to switch roles. Similar to others, I became more interested in exploring area.A few months ago, I switched to an AI role. Now I’m a software engineer…

The must-read story in the $5 trillion hedge fund industry used to be about who made the biggest trade or launched the biggest fund. Now it’s about who made the biggest hire or got the biggest guaranteed payout.As the increasingly institutional space has veered away from star funds run by a single genius to sprawling investment platforms with dozens of investing teams, the industry has grappled with a shortage of talent.It’s now such a finite resource that top portfolio managers are commanding deals that resemble those of professional athletes, and top managers accustomed to poaching their choice of talent by…

This as-told-to essay is based on a conversation with Justin Flint, 27, a software engineer at an oven manufacturing factory near Seattle, Washington. His employment and progression has been verified by Business Insider. This piece has been edited for length and clarity.The first full-time job I could get after I dropped out of college in 2019 was in a factory building ovens, and it was miserable.Inside the ovens, I’d be drenched in sweat and my safety glasses would fog up. I’d step out, wipe them off with my shirt, and get back to work, because that was my only option.It…

Lydia Hinds, now 82, wrote to me back in 2024 about how she worked part-time at Home Depot after a series of mistakes and unfortunate events. Her business closed at the start of the pandemic, and much of her and her husband’s money never came back after the 2008 recession. She also said she had heart failure, which made her job much more challenging. Lydia’s daughter doesn’t speak with her, and they had no other people to rely on financially.Over the course of a few months, I got to know Lydia and her husband, Bill, before making the three-hour trip…

We asked: Would you prefer a $240,000 in-office job or a $120,000 remote one?The Business Insider readers who responded were split down the middle, with the lower-paying virtual job narrowly winning out by just one vote.365 readers answered Business Insider’s informal survey following the debate’s TikTok virality. 183 answered that they would choose the $120,000 remote gig, while 182 chose to go five days in-person for double the salary.In follow-up conversations, eight respondents — four on each side — explained to Business Insider why they made their choices.While the reader survey isn’t scientific, the results, and the reasons people gave…