Heavy traders may assume they’ll owe no capital gains tax if their losses and gains even out. But then they stumble across the wash sale rule.

Secretary of the Treasury Scott Bessent will run the IRS on a temporary basis, becoming the seventh person to run the shrinking tax agency this year.

The idea is a dedicated sovereign wealth fund to keep things steady. But there are some potential big problems.

Timothy McPhee has pleaded guilty to promoting a fraudulent tax shelter to taxpayers across the country for the purpose of evading federal income taxes.

Duolingo Q2 beat expectations and raised guidance for the third quarter and the full year. GPT-5’s French learning app scared traders — but Duolingo could grow 30+%.

While the stock may appear inexpensive at 7x forward earnings, there is a strong likelihood that this is not the lowest point.