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News Powered By AI

Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners

by News Feed Editor | Aug 25, 2026 | Financial

Trump administration officials discussed potential tax breaks on capital gains from home sales ahead of midterm elections, though experts say such changes are unlikely to pass quickly and would primarily benefit wealthier homeowners.

‘We detected unusual activity’: the scam that uses AI to exploit your holiday photos

by News Feed Editor | Aug 25, 2026 | Financial

AI systems can accurately identify travel locations from holiday photos, enabling scammers to craft convincing fraudulent messages targeting travelers by referencing their specific destinations.

Student bank accounts: don’t be swayed by the freebies, freshers told

by News Feed Editor | Aug 25, 2026 | Financial

Financial experts caution university freshers to prioritize interest-free overdraft limits over promotional freebies when selecting student bank accounts, as overdrafts provide greater long-term value during their studies.

Emergency savings shortfall signals ‘danger’ for working households, Suze Orman says

by News Feed Editor | Aug 25, 2026 | Financial

More than half of U.S. workers lack sufficient emergency savings to cover a $500 expense, with 41% skipping necessary medical care, food, or repairs due to inadequate funds, according to recent survey data.

What the results of a Connecticut congressional primary race may mean for Social Security

by News Feed Editor | Aug 25, 2026 | Financial

Connecticut Democrats chose former Hartford Mayor Luke Bronin over incumbent Rep. John Larson in a primary race that could influence how Congress addresses Social Security’s 2032 funding shortfall.

IRS clarifies ‘no tax on overtime’ deduction rules. What workers need to know

by News Feed Editor | Aug 25, 2026 | Financial

The IRS has clarified rules for the ‘no tax on overtime’ deduction, requiring employers to report eligible amounts on W-2s starting with the 2026 tax year, addressing confusion from earlier filings.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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