Latest in Granholm warns that cutting EV tax credits would be ‘ceding’ to China
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China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car
The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.Business - CNBC - October 30 -
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Nissan to warn jobs at risk as UK EV targets push car industry to ‘crisis point’
Carmakers fear goals unreachable as consumer demand softensBusiness - Financial Times - 3 hours ago -
Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist
The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...Business - The Wall Street Journal - October 25 -
UK inheritance tax raid would be ‘painful’ but not fatal for Aim, says LSE executive
Investors are nervous about potential abolition of business relief in this month’s BudgetWorld - Financial Times - October 18 -
Don't wait to find a tax preparer for 2025: Why one expert would '100% recommend starting now'
If you need a tax preparer for the 2025 filing season, now is the time to start looking, experts say. Here are the key things taxpayers need to know.Business - CNBC - October 21 -
Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill
Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.Business - CNBC - November 4 -
Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.Business - CNBC - 6 hours ago -
Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.Business - CNBC - November 7 -
Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
The president-elect’s plan may do more harm than good, experts said.Business - MarketWatch - November 8 -
Get ready for a relatively quick extension of some 2017 tax cuts if GOP holds on to House
If Republicans end up with a sweep of the House, Senate and White House, they’re expected to focus on using a budget process known as reconciliation to address the upcoming expiration of their 2017 ...Business - MarketWatch - November 7 -
What to expect when President Trump tries to make tax cut promises reality, even with GOP sweep in Congress
Trump promised tax cuts for individuals and businesses. With deficit hawks in the GOP and bond market fixated on rising debt, a GOP sweep may not be enough.Business - CNBC - 3 days ago -
Jim Cramer explains why the promise of tax cuts could have sent stocks lower on Tuesday
CNBC's Jim Cramer suggested that if Trump's new tax plans are similar to those he implemented in 2016, wealthy people will stand to benefit the most.Business - CNBC - 3 days ago -
Republicans clinch control of House, setting stage for quicker action on extending tax cuts
Republicans are poised to keep their hold on the House in the new year, as the AP just called enough House races in their favor. Having scored a sweep in this month’s election, the party is ...Business - MarketWatch - Yesterday -
Fan Bingbing, Once China’s Top Actress, Returns to Film Years After Tax Scandal
Fan was a megastar until 2018, when she was fined tens of millions of dollars over unpaid taxes and her career tanked. “Green Night” is her first film since the scandal.World - The New York Times - October 17 -
Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.Business - CNBC - October 21 -
JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget
Pub chain says rise from higher taxes and NI contributions will fuel inflationWorld - Financial Times - November 6 -
Harris slams House speaker for suggesting GOP would cut federal semiconductor aid
Democrat Kamala Harris and Republican Donald Trump are zeroing in on Sunbelt states as they embark on one last weekend quest to sway undecided voters in battleground states that will determine the ...Top stories - ABC News - November 2 -
How much would a $10,000 home equity loan cost monthly now that rates are cut?
Home equity loan interest rates are on the decline. Here's how much a $10,000 loan costs per month right now.Top stories - CBS News - 3 days ago -
U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
An escalation of tensions around trade and tariffs would have economic consequences around the world, Gita Gopinath, deputy managing director of the IMF, said.Business - CNBC - October 23 -
Nobel prize winners endorse Harris and warn Trump would endanger future of science
Open letter by 82 laureates commends Harris and calls Trump a potential threat to progress on climate crisis. More than 80 Nobel prize winners have endorsed Kamala Harris for the presidency, ...World - The Guardian - October 25 -
Michelle Obama hits the trail, warning what a Trump presidency would mean for women's health
In her first stop on 2024 campaign trail, former first lady Michelle Obama delivered an urgent message to men, arguing that the election could have life or death consequences for the women they love.Politics - NBC News - October 27