Latest in Ireland promises cost of living help and tax cuts as election looms
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The Fed cut interest rates but mortgage costs jumped. Here's why
The average 30-year fixed mortgage rate spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.CNBC - 17h -
Fox News anchor Neil Cavuto departs in cost-cutting move
Neil Cavuto, the first anchor hired by Fox News in 1996, is leaving the network, another casualty of cost-cutting in the TV news business.Los Angeles Times - 1d -
Watch live: White House holds press briefing as shutdown threat looms
White House press secretary Karine Jean-Pierre will brief reporters Friday afternoon as the threat of a government shutdown early Saturday inches closer. President-elect Trump and congressional ...The Hill - 1d -
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 - 1d -
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 -
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 - 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 -
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 -
How much does a $15,000 HELOC cost per month now that rates are cut?
A $15,000 HELOC comes with inexpensive payments that could become even cheaper in the weeks ahead.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 -
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Live updates: Drone sightings raise lawmakers' eyebrows; Shutdown deadline looms
Lawmakers are sprinting to pass legislation that will keep the government’s lights on ahead of the Dec. 20 shutdown deadline as President-elect Trump’s Cabinet picks continue to make their case to ...The Hill - Dec. 12 -
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 -
Rising costs will see disability services cut, leading charity warns
Mencap is one of a number of care organisations warning they will have to axe vital services.BBC News - Dec. 11 -
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 -
Trump promises ‘fully expedited approvals and permits’ to billionaire investors in the US – live
President-elect also promises faster environmental approvals without giving further details in latest sign of billionaire-friendly policies. Art Arthur, a resident fellow at the anti-immigration ...The Guardian - 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 -
Volkswagen Workers Begin Second Walk-Out as Cost-Cut Negotiations Continue
Volkswagen workers began striking for the second time this month as employee representatives and management enter a fourth round of talks over deep cost-cutting measures at the car maker.The Wall Street Journal - Dec. 9 -
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 -
What we know about Musk's cost-cutting mission
Elon Musk and Vivek Ramaswamy are on Capitol Hill to discuss their new advisory body. So what will it do?BBC News - Dec. 5 -
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 -
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 -
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 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
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 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - 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 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2
