Economy & Business

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President Trump will not meet the federal deadline to file his 2017 tax return in April, the White House said.

"The president filed an extension for his 2017 tax return, as do many Americans with complex returns," White House spokeswoman Sarah Sanders said in a statement.

Sanders said Trump will file his returns by Oct. 15, the deadline set by the IRS for taxpayers who ask for extensions.

Trump has bucked decades of tradition by not releasing his tax returns to the public.

Japanese prime minister Shinzo Abe is in Florida to discuss trade issues with President Donald Trump. One issue on the table: Japan's desire to be excluded from steel and aluminum tariffs that went into effect last month. Other key U.S. allies, including Australia, Canada, the European Union and Mexico have been granted exemptions.

Predicting how climate change will alter the weather is becoming a flourishing business.

The consumers are property owners and businesses that fear a rise in extreme weather — hurricanes, floods or heat waves, for example. Last year set a record for U.S. losses at over $300 billion.

Starbucks has come under intense criticism after a video emerged last week of two black men being arrested inside one of the coffee chain's Philadelphia locations.

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Copyright 2018 NPR. To see more, visit http://www.npr.org/.

AILSA CHANG, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

AILSA CHANG, HOST:

More than a hundred million taxpayers will get a refund from the Treasury this year, and the average refund is about three thousand dollars. Of tax filers who do get a refund, it's the biggest cash infusion of the year for forty percent of them.

That sounds cool, but it means the average American taxpayer has effectively lent the government three grand until the refund hit their bank account — interest free.

Meanwhile, many of those taxpayers are either paying high interest rates on debt of their own or putting off the healthcare they need.

04/17/2018: The Tax Day that wasn't

Apr 17, 2018

It was supposed to be Tax Day in America, but thanks to computer issues at the IRS, everyone gets another day to file. Taxes were still on the docket at the Supreme Court today though — the justices heard South Dakota v. Wayfair Inc. At issue is whether the online retailer and others like it should collect sales tax. We'll follow the money. But first: Starbucks is closing down all 8,000 of its company-owned stores for one day next month to give its 175,000 workers racial bias training.

Every weekday for more than three decades, his baritone steadied our mornings. Even in moments of chaos and crisis, Carl Kasell brought unflappable authority to the news. But behind that hid a lively sense of humor, revealed to listeners late in his career, when he became the beloved judge and official scorekeeper for Wait Wait... Don't Tell Me! NPR's news quiz show.

Kasell died Tuesday from complications from Alzheimer's disease in Potomac, Md. He was 84.

Amid saguaro cactuses and yucca plants, Lauren Rosin shows off a house that she's renovating in Phoenix's Central Corridor, a pricy neighborhood north of downtown.

"This was actually a courtyard and I blew it out," she says, pointing to what will now be an extra-large open kitchen with custom cabinets, quartz countertops and chandelier-style lighting. She'll also upgrade the swimming pool in the backyard.

Updated at 4:32 p.m. ET

President Trump opens two days of talks with Japanese Prime Minister Shinzo Abe on Tuesday at his South Florida resort, under sunny blue skies that offer no hint of the clouds forming on the U.S.-Japan relationship.

Updated at 10:35 p.m. ET

One person died after a Southwest Airlines plane experienced serious engine trouble Tuesday and was forced to make an emergency landing in Philadelphia. Seven other people on Flight 1380 were injured. It is the first U.S. airline fatality since 2009.

At least once a week, Reynald Justance visits a small, fairly inconspicuous office building on Orlando’s west side. The building, located across from a shopping plaza, is unmarked, except for a yellow sign by its door that reads in French: Authorized CAM Agent Serving the Community. 

CAM, short for “Caribbean Air Mail,” is a popular wire service with agencies in Haitian beauty salons, bakeries, shopping plazas — and office buildings.  

(Markets Edition) Starting today, the Supreme Court will hear a case on whether out-of-state businesses should pay South Dakota state and local taxes if they ship a product to a state. We'll take a brief look at the advantage online retailers have in not charging sales taxes, and why Amazon might actually be at a disadvantage here. Afterwards, we'll look at a new report showing that we're not building new homes fast enough to meet demand in 22 states.

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