Latest in Kamala Harris’s corporate tax plan could cut S&P 500 earnings by 5%: Goldman Sachs
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Why S&P 500’s financials sector is on pace for its best day since early November
Bank stocks were surging Wednesday afternoon.MarketWatch - 12m -
Kamala Harris' potential next move: A book
Kamala Harris has a lot of options for her next act, but writing a book may be first up, according to six people familiar with internal discussions about her future.NBC News - 2h -
Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund
The estate’s assets have swelled to $145 million, a probate court filing in the U.S. Virgin Islands shows. Much of that won’t make its way to Mr. Epstein’s victims.The New York Times - 2h -
Goldman Sachs shares rise after topping estimates on strong trading results
Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.CNBC - 4h -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 20h -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - 1d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 4h -
FDA to cut nicotine from cigarettes, in plan first floated under Trump
It will be up to the returning Trump administration to decide whether to finalize the rule.CBS News - 5h -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - 14h -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - 22h -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 1d -
Goldman Sachs to deepen exposure to booming private credit industry
Wall Street bank is building new unit to service and compete with private investment firmsFinancial Times - 2d -
JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further
The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter ...MarketWatch - 2d -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - 3d -
Kamala Harris Shares a Trump-less Photo of Presidents at Jimmy Carter’s Funeral
Pictures shared on social media by the vice president and by the Carter Center prominently showed other past presidents in attendance.The New York Times - 3d -
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 - 4d -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - 4d -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - 5d -
Micron’s stock leads the S&P 500 for 2025. Here’s why more gains could follow.
An analyst sees big upside ahead, fueled by rapid growth in high-bandwidth memory for AI.MarketWatch - 6d -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - 6d -
Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.
CEOs might not be so idolized if we realized that many wash out of the job quickly.MarketWatch - 6d -
S&P 500 starts January with gains after Santa rally busts. What to watch for next.
A pair of closely watched but overlapping stock-market phenomena delivered a split decision for investors looking for clues to possible full-year performance. A tiebreaker awaits.MarketWatch - 6d -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - 6d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 6d -
Jimmy Carter lies in state at U.S. Capitol after eulogies by Kamala Harris and GOP leaders
Former President Jimmy Carter arrived at the U.S. Capitol to lie in state after a memorial service attended by his family, Vice President Kamala Harris, members of Congress and other officials.NBC News - Jan. 7 -
Jimmy Carter lies in state at US Capitol, with Kamala Harris holding eulogy – US politics live
Former US president’s funeral to be held on Thursday; vice-president also expected to lay wreath at ceremony. Continuing his expansionist streak , Donald Trump said the Gulf of Mexico should ...The Guardian - Jan. 7 -
Kamala Harris says Jimmy Carter's "works will echo for generations to come"
Vice President Kamala Harris delivered a eulogy for former President Jimmy Carter at the U.S. Capitol on Tuesday. She discussed his legacy as president and his extraordinary work redefining what it ...CBS News - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
What comes next for Kamala Harris?
Nii-Quartelai Quartey, author of "Kamala, The Motherland, And Me," joined CBS News to discuss what Kamala Harris will do now as she leaves the vice presidency.CBS News - Jan. 7 -
4 years after Jan. 6 insurrection, Kamala Harris certifies Trump's election win
Lawmakers met on Monday for a joint session of Congress to certify President-elect Donald Trump's 2024 victory.ABC News - Jan. 7 -
Kamala Harris says ‘America’s democracy stood’, after certifying Trump’s election victory – US politics live
Vice-president speaks to reporters after joint session to certify results exactly four years after Trump’s supporters stormed Capitol. Congress certifies Trump’s election win amid unprecedented ...The Guardian - Jan. 6 -
Four years after mob violence, Kamala Harris hands power – peacefully – to Trump
The outgoing vice-president presided over a January 6 without rancour as she formally certified the vote she lost. She had warned America that he is a fascist and now, in front of political ...The Guardian - Jan. 6 -
Watch: Kamala Harris certifies President Donald Trump's re-election
Harris, who Trump defeated in the 2024 election, presided over the event as required by the US Constitution.BBC News - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
After bruising election loss, what next for Kamala Harris?
The outgoing vice-president is weighing her options, which could include another White House run, or a bid to be California's governor.BBC News - Jan. 5 -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - Jan. 4 -
Don’t compare your retirement investments to the S&P 500
Retirement is about maximizing reliable cash flow for lifeMarketWatch - Jan. 4 -
Harry Maguire earns extra year but Ruben Amorim demands leadership
Manchester United manager ‘happy’ to trigger extension He wants senior players to help team ‘starving for leaders’ Ruben Amorim has said Harry Maguire’s one-year option will be triggered ...The Guardian - Jan. 3 -
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 -
Walgreens and Intel lead list of stocks in the S&P 500 that fell hardest in 2024
At the end of a second consecutive year during which the S&P 500 has risen more than 20%, two things investors need to remember are that time tends to smooth out performance and that the index is ...MarketWatch - Jan. 1