The Social Security Administration says most won't pay federal income taxes on their benefits. But Congress didn't directly exempt those payments from taxes.
Government offices, post offices, courts, and schools are closed for the Fourth of July in the U.S. U.S. stock markets and banks are also closed, with limited FedEx and UPS services
Global shares mostly fell even as U.S. stocks climbed further into record heights as the clock ticks on President Donald Trump’s July 9 tariff deadline