Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.
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US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - 4d -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 4d -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - 5d -
Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - Jan. 13 -
Why $10 Million Is the Hardest Number for Startups to Hit
It’s a wonderful mirage, but it rarely works, so why do we keep falling for it?Inc. - Jan. 13 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1
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Tesla’s ‘Trump bump’ fades as stock falls alongside rest of EV sector
Investors still expect Musk to benefit more broadly from Trump 2.0.MarketWatch - 2h -
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Shares of United Airlines rallied in after-hours trading Tuesday, as a record number of travelers lifted fourth-quarter results and the company offered an upbeat forecast for the first quarter.MarketWatch - 2h -
Netflix’s stock surges as huge subscriber beat goes beyond traction with sports
Analysts predicted live sports might power a Netflix subscriber beat. But as the company trounced the expectations, management said sports drove only a “small minority” of additions.MarketWatch - 3h -
The rich and famous don’t fear a stock market bubble. That’s why you should.
Elites at Davos believe ‘asset bubble bursts’ is a low risk over the next two years.MarketWatch - 3h -
Netflix is raising prices. Here’s how much more your plan will cost.
Netflix is raising the price of its standard ad-free plan for the first time in three years, though it will still cost less than the comparable version of Hulu,MarketWatch - 3h
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Trump pardons Silk Road creator Ross Ulbricht
President Trump grants full pardon to Silk Road founder Ross Ulbricht, early bitcoin advocate.CNBC - 4m -
SoftBank and OpenAI back sweeping AI infrastructure project in US
Donald Trump calls $100bn initiative a ‘declaration of confidence in America’Financial Times - 21m -
2 Families, in Business 50 Years, Fight for Control of Korea Zinc
Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.The New York Times - 41m -
Trump says he's considering a 10% tariff on China beginning as soon as Feb. 1
On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1.CNBC - 1h -
Tesla’s ‘Trump bump’ fades as stock falls alongside rest of EV sector
Investors still expect Musk to benefit more broadly from Trump 2.0.MarketWatch - 2h