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Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
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Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.CNBC - Business - Federal Reserve -
Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies
The proposed change could lift an income tax burden that wipes out most licensed marijuana retailers’ earnings.The Wall Street Journal - World -
Will the US campus protests harm Biden – and benefit Trump?
Rightwing media have seized on campus protests to portray the president as weak. Will it have an impact in November?. At the height of the tensions on US campuses this week, with Republicans gleefully seizing on student unrest as an election issue ...The Guardian - World - Joe Biden -
Online retailer Mytheresa says it will benefit from luxury ecommerce implosion
Shares in New York-listed platform have climbed this year even as rivals such as Matchesfashion and Farfetch collapsedFinancial Times - Business -
Student protests threaten to overshadow commencements
Pro-Palestinian student activists have one last opportunity to make a big impact before campuses are barren for the summer: commencement. Tens of thousands of families and friends will flock to campuses across the country starting this weekend ...The Hill - Politics
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Stock-market bulls face test as consumers start to show signs of stress
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S. stocks.MarketWatch - Business -
$7,500 for tequila? The Cinco de Mayo staple has become a super-premium spirit.
“As more consumers make tequila their spirit of choice, we’ve seen them gravitate towards high-quality, premium tequilas,” Patrón executive says.MarketWatch - Business -
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.MarketWatch - Business -
‘Our prenup stirred up resentment’: My husband, 62, lives in my home. I pay for his credit card, car loan, vacations and groceries. Now he wants to pool our assets.
“He has $1.2 million invested. I have close to $5 million in investments.”MarketWatch - Business -
My mother-in-law died. My husband, her executor, did not file a will or open probate. What happens if we sell the house?
“The home was willed to her son with the provision that he paid his sisters a percentage of the home’s value.”MarketWatch - Business