Latest in Trump Effectively Pulls U.S. Out of Global Corporate Tax Accord
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Trump Effectively Pulls U.S. Out of Global Corporate Tax Accord
Congress never approved a world agreement setting a 15 percent minimum corporate tax, and the new president’s memo on it said it would have no bearing on American companies.Inc. - 11h -
Why Trump should forget about corporate tax cuts in his first 100 days
Corporate tax cuts are inflationary and could spell trouble for Republicans in the 2026 election.MarketWatch - 12h -
Global reaction to Trump's return to White House
President Trump signed off on dozens of executive orders Monday with some impacting foreign policy and climate change, prompting reaction from around the world. CBS News reporter Haley Ott has more ...CBS News - 14h -
Trump's immediate effect on the southern border
President Trump issued a number of executive actions Monday relating to immigration. CBS News correspondent Omar Villafranca has more on the border policies now unfolding.CBS News - 14h -
Trump pulls the plug on battery-makers’ EV dream
The speed at which policy direction has been outlined is enough to have a chilling effect on the marketFinancial Times - 18h -
Trump's global health influence
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Global health executive orders expected President Trump entered office with a slew of executive orders on deck ...The Hill - 1d -
Trump will pull U.S. out of Paris climate agreement
President Donald Trump will pull the United States out of the Paris climate agreement, according to an executive order he signed Monday as one of his first acts after he took office.NBC News - 1d -
Trump says he will withdraw US from Paris climate accord
Decision deals blow to worldwide efforts to slow global warming after hottest year on recordFinancial Times - 1d -
TikTok Ban Takes Effect and App Goes Dark in the U.S.
The popular video app stopped working shortly before a federal law barring U.S. companies from hosting or distributing TikTok was set to take effect on Sunday.The New York Times - 2d -
TikTok voluntarily shuts down in the U.S. as divest-or-ban law takes effect
Users in the U.S. who opened the app were greeted with a message that read, "Sorry, TikTok isn't available right now."CBS News - 2d -
Here are the top 10 U.S. stock analysts, according to TipRanks
TipRanks' analyst ranking service reveals the top 10 U.S. analysts whose ratings were the most successful between October 2023 to September 2024.CNBC - 2d -
TikTok goes dark in the U.S. as ban takes effect
TikTok was not available for many of its 170 million users in the U.S. hours before a ban on the social media platform was supposed to go into effect.NBC News - 3d -
Germany is gripped by election fever … but Trump is pulling the strings
The machinations of Elon Musk and the incoming US president loom large in the minds of politicians and voters. A Donald Trump-shaped shadow is looming over the campaign for Germany’s snap elections ...The Guardian - 3d -
U.S. economy poised to lead the global pack in 2025, IMF says. Here’s why.
The U.S. economy has separated itself from the global pack — and its lead could widen in the new year.MarketWatch - 4d -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 4d -
Culture secretary rules out funding BBC from taxes
The culture secretary calls the TV licence "regressive" and is thinking "radically" about alternatives.BBC News - 4d -
Senate GOP rejects House conservative pitch on corporate tax rates
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going over like lead balloons in the Senate, where Republicans are warning their ...The Hill - 4d -
Former U.S. ambassador to Israel on the "Trump effect" that impacted the ceasefire deal
Israel and Hamas have agreed to a ceasefire and hostage release deal after 15 months of deadly combat in the region. Edward Djerejian, former U.S. ambassador to Israel, joins "The Daily Report" to ...CBS News - 6d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - Jan. 12 -
Barcelona uses its tourist tax to tackle the effects of climate change
Barcelona is one of the most visited cities in Europe. A small fee charged to visitors is helping the city address climate change.CBS News - Jan. 11 -
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.CNBC - Jan. 11 -
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 - Jan. 10 -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - Jan. 10 -
What the Stock Market Could Do During Trump’s First Year, According to History
Over the past century, the S&P 500 has tended to see weaker returns during the first year of a new administration.Inc. - Jan. 10 -
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 - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
Evening Report — Trump vows to reshape global order
👨🏼⚖️Plus: Trump praises one judge, blasts another {beacon} Evening Report © AP Trump promises a global shakeup PRESIDENT-ELECT TRUMP on Tuesday vowed to upend the global order, promising big ...The Hill - Jan. 7 -
Trump won't rule out using U.S. military to control Panama Canal or Greenland
President-elect Donald Trump has repeatedly said the U.S. should control the Panama Canal and Greenland, and has also expressed a desire to make Canada a state.CNBC - Jan. 7 -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - Jan. 7 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
‘The Trump Effect’ in the age of terrorism
Have those in charge of our defense against terrorism taken their eyes off the ball to engage in petty, self-destructive and potentially illegal partisan politics?The Hill - Jan. 4 -
How Mike Johnson pulled out a 2nd term as House speaker -- with Donald Trump's help
Mike Johnson secured the gavel in dramatic fashion, as he was on track to lose before two Republican defectors changed their vote after speaking to Donald Trump.ABC News - Jan. 4 -
Honduran Leader Threatens to Push U.S. Military Out of Base if Trump Orders Mass Deportations
In pushing back against President-elect Donald J. Trump’s plan, President Xiomara Castro threatened that a base hosting U.S. troops could “lose all reason to exist in Honduras.”The New York Times - Jan. 4 -
Biden rejecting deal between U.S. Steel and Japan's Nippon Steel, according to reports
President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.CBS News - Jan. 3 -
Massie says he won't vote for Johnson: 'You can pull all my fingernails out'
Rep. Thomas Massie (R-Ky.) affirmed his decision to not support Rep. Mike Johnson (R-La.) in the Speaker’s race, even if his colleague Rep. Chip Roy (R-Texas) would land a top spot on the House ...The Hill - Jan. 3 -
Neil Young confirms he will headline Glastonbury after ‘error in information’ prompted him to pull out
‘Happily, the festival is now back on our itinerary,’ Young wrote, as Emily Eavis confirmed that Young and band the Chrome Hearts will headline the Pyramid stage. Neil Young has confirmed that he ...The Guardian - Jan. 3 -
Neil Young pulls out of Glastonbury 2025, claiming festival is ‘under corporate control’ of BBC
The 79-year-old musician says the music festival is ‘not the way I remember it being’ after BBC ‘wanted us to do a lot of things in a way we were not interested in’. Neil Young has announced that ...The Guardian - Jan. 1