Lawmaker introduces bill to tax semi-automatic weapons 1,000%
Weapon used by alleged Uvalde shooter would sell for $18,700 if the bill is passed, instead of its retail price of $1,870.
Watch CBS News
Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Weapon used by alleged Uvalde shooter would sell for $18,700 if the bill is passed, instead of its retail price of $1,870.
With stocks plunging and inflation at a 40-year high, experts offer tips for riding out the turbulence.
Consumer prices accelerated in May as Americans face the steepest inflation in four decades.
The announcement comes as the electric vehicle maker's shares have slumped 42% this year.
Consumer prices accelerated in May as Americans face the steepest inflation in four decades.
The notices, called CP14 letters, are sent to people whom the IRS believes owe more in taxes.
Missouri court upholds judgment after a woman claimed she got HPV while having sex in a car insured by Geico.
A cost-of-living adjustment of 8% would be the highest for Social Security beneficiaries since 1981.
Gas costs have jumped 28 cents per gallon in the last week. Nationally, prices could soon exceed $5, one expert says.
As hunting waned in popularity, firearm manufacturers shifted to emphasizing self-defense — and offered payment plans.
Rep. Don Beyer's bill could pass without GOP votes under the reconciliation process. Under it, an AR-15 would cost up to $22,000.
James is the first active NBA player to achieve the milestone, according to Forbes.
A handful of gas stations are charging $7.25 or more for a gallon of gas as fuel prices hit another record.
Heard could file for bankruptcy, but might still be on the hook for the judgment, according to legal experts.
The cost of gasoline will impact Americans' summer travel plans more than COVID-19 rates, new survey finds.