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IRS Says Churches Can Endorse Political Candidates

IRS Says Churches Can Endorse Political Candidates

In a landmark shift, the Internal Revenue Service (IRS) has stated in a new federal court filing that churches may now endorse political candidates to their congregations without risking their tax-exempt status — a dramatic reinterpretation of the Johnson Amendment...

Job Openings Rise Unexpectedly in May

Job Openings Rise Unexpectedly in May

U.S. job openings rose sharply in May, reaching their highest level since November 2024, according to new data from the Bureau of Labor Statistics released Tuesday. The surprising uptick comes as the Federal Reserve faces increasing pressure over the timing of its...

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Ultragenyx (RARE) Stock Sinks 25%

Ultragenyx (RARE) Stock Sinks 25%

Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) is taking a sharp hit in premarket trading Thursday, with shares falling as much as 25% after the company delivered an underwhelming clinical trial update late Wednesday. The news centered around its late-stage trial of...

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