Republicans clinch control of House, setting stage for quicker action on extending tax cuts

House, Senate and governor elections map 2024: results from all 50 US states as Republicans close to House majority

Voters have elected a Republican majority in the Senate. They have also been electing members of the House of Representatives and state governors. Live 2024 presidential election results US ...

World - The Guardian - 6 days ago

CBS News projects Republicans win the House after already claiming Senate, White House

CBS News projects that Republicans will maintain a majority in the House of Representatives, claiming at least 218 seats, while some races remain undecided over a week after Election Day. Starting ...

Belarus sets a Jan. 26 election that's almost certain to extend its authoritarian leader's rule

Lawmakers in Belarus set the next presidential election for Jan. 26, a vote almost certain to extend the three-decade rule of authoritarian leader Alexander Lukashenko

World - ABC News - October 23

Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says

Higher capital gains taxes are unlikely under President-elect Donald Trump and a Republican-controlled Congress, experts say.

Business - CNBC - November 7

'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

Business - CNBC - November 4

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.

Trump win sets up GOP battle between deficit hawks, tax cutters

President-elect Trump’s election win is setting up a fight among Republicans over cutting taxes and reining in the deficit as the party inches toward control of both chambers of Congress. ...

Politics - The Hill - 2 days ago

Ryanair warns air travel tax rises mean 10% of its UK flights could be cut

CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’

Business - Financial Times - November 1

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 - 6 days ago

Hospitality bosses warn Reeves’ UK tax increases will lead to ‘drastic’ job cuts

More than 200 sign letter to chancellor saying rises in national insurance contributions will cause business closures

Business - Financial Times - 4 days ago

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 - 2 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.