Wall Street Prepares to Defend Carried Interest A Favored Tax Break Again
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Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - 3d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 3d -
Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.CNBC - 4d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 4d -
A Bad Day on Wall Street
Also, Rubio said Ukraine must cede territory in exchange for peace. Here’s the latest at the end of Monday.The New York Times - 1d -
Wipeouts on Wall Street
Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private equityFinancial Times - 23h -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - 3d -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - 14h -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 14h -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - 16h -
Senate GOP frets as Wall Street takes dip over tariffs, talk of recession
Senate Republicans expressed new worries about the economy Monday after Wall Street had one of its worst days in years amid a trade war and remarks from President Trump that did not rule out the ...The Hill - 18h -
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including Coterra Energy and Walmart.CNBC - 2d -
Wall Street Sinks as Recession Fears Loom
Last week’s steep sell-off resumed, with all three major U.S. indexes suffering sharp declines.Inc. - 1d -
Wall Street loses hope in a ‘Trump put’ for markets
US president’s tolerance for tariff-induced stock falls may be higher than anticipated, say investorsFinancial Times - 10h -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - 5d -
Celtics prepare for a championship repeat as true challengers rise
The defending champions have a more difficult road in front of them in their repeat bid, and they are well aware of it.Yahoo Sports - 4d -
Make Canada boring again
Trump seems determined to break the association of Canada with boredom — by wreaking havoc upon one of the world’s most positive bilateral relationships.The Hill - 12h -
Wall Street stocks drop as investors fret over US economic slowdown
Tech shares hit as Tesla gives up all its post-election gainsFinancial Times - 1d -
Fintech stocks plummet as Wall Street worries about consumer spending, credit
Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.CNBC - 1d -
Stock market opens low following Wall Street's worst day in years
The stock market opened in the red as a major sell off continues prompted by fears of a recession and uncertainty from President Donald Trump's tariffs. NBC News' Brian Cheung reports on what could ...NBC News - 14h -
Wall Street slide pulls S&P 500 into correction territory
Donald Trump’s latest trade broadside against Canada sparks renewed declines in volatile sessionFinancial Times - 8h -
Wall Street reacts to Trump's tariff flip-flopping with Canada
U.S. stocks racked up heavy losses for a second straight day in a volatile session that had investors fixated on President Trump's ever-evolving trade war with Canada. Kelly O'Grady explains.CBS News - 4h -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 4h -
Kugler says Fed should hold interest rates amid inflation risks
Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.CNBC - 1d -
Trump defends Amy Coney Barrett: ‘She’s a very good woman’
President Trump defended Supreme Court Justice Amy Coney Barrett, calling her a “very good woman” even as she breaks with conservatives on some issues. “She’s a very good woman. She’s very smart, ...The Hill - 2d -
When It Comes to the Economy, Does Trump Have Musk’s Pain Tolerance?
Wall Street’s slide puts pressure on Musk and Trump, for different reasons.The New York Times - 1d -
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.MarketWatch - 2d -
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out
Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.MarketWatch - 1d -
MoJ readies extra prison places in case summer riots happen again
Exclusive: Justice minister James Timpson says more cell capacity means emergency early release schemes won’t be needed. Prisons are being prepared to cope with a sudden influx of offenders in case ...The Guardian - 2d -
Greenland election: the most consequential in island’s history?
Amid aggressive interest from US president Trump and growing calls for independence ahead of polls, outcome will have far-reaching repercussions. Greenland prepares to vote amid Trump interest – ...The Guardian - 23h -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - 1d -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - 14h -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 15h -
3/11: CBS Evening News Plus
Wall Street reacts to Trump's tariff flip-flopping with Canada; Reporter's Notebook: "Animal spirits" and the stock marketCBS News - 3h -
WATCH: Golden retriever takes 'retriever' identity very seriously
Brooks the golden retriever loves collecting sticks and is determined to carry a massive stick home through the streets of Charleston, South Carolina.ABC News - 5d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 1d -
Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.CNBC - 4d -
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - 1d -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 7h -
NSW and Queensland floods update: BoM defends forecasts after claim coastal community not properly warned
Bureau urged to review its systems after Fraser Coast mayor says Hervey Bay was pelted with 260mm of rain after being told it was not in firing line. Ex-Cyclone Alfred LIVE: latest news and ...The Guardian - 1d