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Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

The S&P 500 and Nasdaq Composite tallied fresh record closing highs on Thursday, buoyed by a stronger-than-expected jobs report that helped dampen expectations for a Federal Reserve interest-rate cut in July.

Jerome Powell and the Fed have been right to hold the line on interest rates, but Trump’s rate-cut demand can’t be held off for much longer.

Tax avoidance isn’t the only reason to protect your family with the right legal documents.

Wall Street will be watching to see how new Treasury supply to fund the U.S. deficit will be absorbed.

“From repayment plans to smaller loans: Some of the most significant change we’ve seen in higher education in a couple of decades.”

The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder for some to receive public assistance or hold onto health insurance.

A UBS analyst says the news “increases the probability more tariff increases for other countries are coming.”

President Donald Trump’s megabill could have a big impact on financial-services platform Robinhood Markets.

Also: A look ahead as the S&P 500 returns to setting record highs; how to decide on a Roth IRA conversion; and more pointed advice from the Moneyist.

The market internals are strong, in stark contrast to the upside breakout in February.

Here’s how to decide whether investing in a postgraduate degree is a good idea.