Latest in Trump Effectively Pulls U.S. Out of Global Corporate Tax Accord
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An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbiFinancial Times - Jan. 13 -
Officials who spoke out against U.S. role in the Israel-Hamas war
As the Israel-Hamas war continues and the Gaza death toll rises, former State Department officials tell 60 Minutes their concerns about how the Biden administration has handled the war.CBS News - Jan. 12 -
For fear of finding something worse: Trump and the end of the global rules-based order
The impending second presidency of Donald Trump is a challenge to the framework of global politics and diplomacy that it may not survive.The Hill - Jan. 12 -
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 - Jan. 12 -
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 -
Trump’s second term threatens US leadership on global health
Wellbeing of billions could be hit if administration cuts funding and spurns scientific best practiceFinancial 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 -
Threat of Trump tariffs adds to global economic uncertainty, IMF warns
Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the worldFinancial Times - Jan. 10 -
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 -
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 - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - Jan. 9 -
Trump lashes out at transition as Biden pushes policies
President-elect Trump is ripping President Biden over what he says is a difficult transition period, expressing frustration with the current president for still seeking to set policies that fly in ...The Hill - Jan. 9 -
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 -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - Jan. 8 -
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 -
Why Jimmy Carter kept the U.S. out of war during his presidency
Former President Jimmy Carter managed to keep the U.S. out of warfare during his presidency. Carter went on to defend his take on world peace after his time in the White House. Carter's casket has ...CBS News - 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 -
Trump says Britain is 'making a very big mistake' with windfall tax on North Sea oil producers
U.S. President-elect Donald Trump on Friday called on Britain to "open up" the North Sea and get rid of "windmills."CNBC - Jan. 3 -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - Jan. 3 -
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 -
Trump’s Falsehoods Aside, China’s Influence Over Global Ports Raises Concerns
The president-elect inaccurately said that Chinese soldiers operate the Panama Canal. But China’s strategic positions in shipping worry Washington officials.The New York Times - Jan. 2 -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - Jan. 2 -
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