Ireland Promises Costofliving Help and Tax Cuts As Election Looms
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Government shutdown looms as plan backed by President-elect Trump fails in Congress
With hours left to avert a shutdown, a plan backed by President-elect Donald Trump was killed after dozens of Republicans joined Democrats to vote against it. This is House Speaker Mike Johnson's ...CBS News - 23h -
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears to be a steady but cooling economy.NBC News - 2d -
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.MarketWatch - 2d -
German frontrunner Friedrich Merz faces row over unfunded tax cuts
Opposition CDU and governing SPD offer starkly competing visions as they prepare to unveil election manifestosFinancial Times - 3d -
Israeli foreign minister calls Ireland's premier 'antisemitic'
Yahoo News - 4d -
Higher business taxes take toll on UK economy as companies cut back hiring
Fall in private sector employment blamed on Reeves’ £25bn increase in employers’ national insurance contributionsFinancial Times - 4d -
Israel closes its embassy in Ireland
Israel announced that it would close its embassy in Ireland on Sunday after the European country recognized Palestine as a sovereign nation and other acts that Israel said promoted “antisemitic ...The Hill - 5d -
Israel Shutters Its Embassy in Ireland, Citing ‘Anti-Israel Policies’
Amid mounting international criticism of its military conduct in Gaza, Israel says it will deepen ties with countries it considers friendly toward it.The New York Times - 5d -
Israel to close embassy in Ireland as it criticises 'anti-Israel policies'
The Republic of Ireland has crossed "every red line", Israeli Foreign Minister Gideon Saar says.BBC News - 6d -
Israel closes embassy in Ireland over 'anti-Semitic rhetoric'
Yahoo News - 6d -
Israel to close Dublin embassy after Ireland supports ICJ genocide petition
Israeli foreign minister says move was prompted by Irish government’s ‘extreme anti-Israeli policies’. Israel has announced it will close its embassy in Ireland, citing Dublin’s decision last week ...The Guardian - 6d -
Why the case against a Roth conversion gets stronger if Trump’s tax cuts continue
Break-even point for a Roth conversion is long —and extending the 2017 tax cuts could make it longer.MarketWatch - 6d -
Germany’s CDU to offer voters tax cuts and immigration controls
Party’s manifesto for the forthcoming election, seen by the Financial Times, promises tougher stanceFinancial Times - Dec. 14 -
Many Americans face tax increases in 2026 if tax cuts are not passed
Many Americans will face a tax increase in 2026 if the 2017 tax cuts are not extended, according to a new analysis by the Tax Foundation. Richard Rubin, a U.S. tax policy reporter for the Wall ...CBS News - Dec. 13 -
President-elect Trump says he may not be able to deliver promise of lowering grocery prices
President-elect Donald Trump, who was named Time magazine 2024 Person of the Year, said in an interview with the magazine that it may be difficult to lower grocery prices, a cornerstone of his ...CBS News - Dec. 13 -
Here's what Trump's plans to extend his tax cuts could mean for you
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.CBS News - Dec. 13 -
Sen. Joni Ernst's re-election looms as she weighs Pete Hegseth's bid for defense secretary
GOP Sen. Joni Ernst is facing some intra-party unrest in Iowa as she weighs whether to support Donald Trump's secretary of defense pick, Pete Hegseth.NBC News - Dec. 13 -
AI Can Now Help You Lower Your Tax Bill. Here’s How
A number of investment firms, including Vanguard, Schwab, and Fidelity, now offer automated tax optimization tools that can reduce your tax bill.Inc. - Dec. 12 -
Biden Says Trump’s Tax Cuts and Tariffs Would Be ‘a Major Mistake’
The president also said his successor would face blowback from the Republican Party if he tried to unwind the Biden agenda.The New York Times - Dec. 10 -
Northern Ireland votes to continue Brexit arrangements for another four years
Assembly votes to keep special trading arrangements despite long-held division with unionist opposition . The Northern Ireland assembly has voted to continue with the special Brexit trading ...The Guardian - Dec. 10 -
'Promised change, but Juventus are back in crisis'
As Juventus prepare to host Man City in the Champions League, Italian football expert Mina Rzouki looks at why the Old Lady are back in crisis.BBC News - Dec. 10 -
Tax Cuts Were Top of Mind at the Tax Foundation’s Annual ‘Prom’
Republican control of Washington and a tax bill next year have corporate America excited — and on edge.The New York Times - Dec. 10 -
The ‘War on Crypto’ Helped Get Trump Elected, According to Ripple’s Brad Garlinghouse
In an interview on ’60 Minutes’ over the weekend, the CEO reflected on the aftermath of the crypto industry lobbying blitz that splurged heavily on the 2024 campaign.Inc. - Dec. 9 -
Hundreds of thousands in Ireland, UK without power as Storm Darragh batters region
A man died and hundreds of thousands of people in Britain and Ireland have been left without power as high winds and heavy rain battered the regionABC News - Dec. 7 -
Trump’s promise to tax imported goods could spell trouble for US auto industry
Automakers face uncertainty as top-selling vehicles, such as the Ford F-150 truck, are sourced from around the globe. Few vehicles are as emblematic of the American auto industry’s might as the ...The Guardian - Dec. 7 -
Billy Long Promised Huge Tax Refunds. Now Trump Wants Him to Lead the I.R.S.
Since leaving Congress in 2023, Billy Long has peddled a pandemic-era tax credit that the I.R.S. has warned is a magnet for fraud.The New York Times - Dec. 6 -
Musk spent at least $250M to help elect Trump, filings show
Tech billionaire Elon Musk spent at least $250 million to help propel President-elect Trump back into the White House, the latest reports filed with the Federal Election Commission (FEC) show. ...The Hill - Dec. 6 -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - Dec. 5 -
Hundreds detained in Northern Ireland in crackdown on people smugglers
Gangs charging €8,000 for illegal travel packages that avoid crossing Channel on small boats. Hundreds of people have been detained in Northern Ireland trying to get into Great Britain by crossing ...The Guardian - Dec. 5 -
Death and Taxes
We explain why the estate tax isn’t working.The New York Times - Dec. 5 -
Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - Dec. 5 -
On Trump tax cuts, energy and immigration plans, clash emerges between House, Senate GOP leaders
Jason Smith, Chair of House Ways and Means, tells CNBC that his voting majority will be extremely slim for passing President-elect Trump's tax cut promises.CNBC - Dec. 5 -
Jeff Bezos says he is 'optimistic' about a new Trump term and can help with cutting regulations
Amazon founder Jeff Bezos says he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming yearsABC News - Dec. 4 -
Ireland urged to set aside more of its corporate tax windfall
Country’s independent fiscal watchdog calls for Norwegian-style approach to saving surplus cashFinancial Times - Dec. 5 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Ireland Rejected the Far Right. The Election Conspiracy Theories Have Already Begun
Ireland’s far-right candidates expected to succeed on a wave of anti-immigrant rhetoric, but the people rejected them wholesale.Wired - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - Dec. 3 -
With election decided, Ireland faces weeks of talks to form a government
Ireland's election is over but the country faces weeks of coalition talks before it gets a new governmentABC News - Dec. 2