Trump Proposal to Cut Tax Rate for U.S. Manufacturers Spurs Flurry of Questions
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The New York Times - Business
Trump Floats an Array of Expensive Tax Cuts to Win Votes
Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions.1 hour ago - Donald Trump -
Financial Times - World
Trump says half-point rate cut shows US economy is ‘very bad’
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election3 hours ago - Donald Trump -
The Hill - Politics
Fed goes bold with rate cut
Welcome to The Hill's Business & Economy newsletter, where we have the latest on the Federal Reserve's rate cuts and the Teamsters' endorsement news. {beacon} Business & Economy Business & ...3 hours ago - Federal Reserve -
CNBC - Business
Powell downplays impact of rate cut on Trump-Harris presidential race
Vice President Kamala Harris and former President Donald Trump are each fighting to persuade voters they are best candidate for the U.S. economy.3 hours ago - Donald Trump -
The New York Times - Top stories
The Evening: The Fed’s Big Rate Cut
Plus, tonight’s premiere of “The Golden Bachelorette.”3 hours ago -
The Hill - Politics
Trump weighs in on Fed rate cut during stop at Manhattan bitcoin bar
Former President Trump on Wednesday said the Federal Reserve's decision to cut interest rates showed the economy was struggling, or the central bank was "playing politics." Trump made a stop at ...4 hours ago - Donald Trump -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.5 hours ago - Federal Reserve -
The New York Times - Business
Fed Announces Big Rate Cut
“We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates ...5 hours ago - Federal Reserve -
The New York Times - Business
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.6 hours ago -
CNBC - Business
Republican House speaker floats deregulation and tax cuts — not tariffs — to pay for Trump proposals
Republican Speaker Mike Johnson is hours away from a House vote on his six-month funding bill, less than two weeks away from a partial government shutdown.6 hours ago - Donald Trump -
MarketWatch - Business
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
Mortgage applications rose 14.2% in the last week, the Mortgage Bankers Association said.6 hours ago - Mortgage -
CNBC - Business
How Fed rate cuts affect the global economy
Federal Reserve interest rate decisions can influence the trajectory of the U.S. economy and create spillover effects in parts of the global financial system.6 hours ago - Federal Reserve -
Inc. - Business
Here's What a Fed Rate Cut Will Mean for U.S. Households
Here's What a Fed Rate Cut Will Mean for U.S. Households7 hours ago - Federal Reserve -
NBC News - Top stories
Federal reserve cuts interest rates by 0.5%
The Federal Reserve announced it's cutting interest rates for the first time since the beginning of the Covid-19 pandemic. The rates will be reduced by half a percentage point in effort to cushion ...7 hours ago - Federal Reserve -
CBS News - Top stories
Interest rates expected cut from Federal Reserve
The Federal Reserve is expected to announce the first interest rate cut since 2020. CBS News business analyst Jill Schlesinger breaks down what economists predict may occur during today's ...8 hours ago - Federal Reserve -
CBS News - Top stories
Fed likely to cut interest rates, but size of cut unclear
The Federal Reserve is expected to cut interest rates Wednesday for the first time in four years, but how big could the cut be? CBS News contributor Javier David has a preview of the decision.10 hours ago - Federal Reserve -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy11 hours ago -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...12 hours ago - Joe Biden -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.15 hours ago -
The Hill - Politics
Democrats target tax avoidance before cuts expire in 2025
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed rules ...15 hours ago -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.20 hours ago - Federal Reserve -
The New York Times - Top stories
Trump Suggests Restoring the State and Local Tax Break He Once Limited
Former President Donald J. Trump’s 2017 tax law capped the state and local tax deduction at $10,000. He said on Tuesday that he would lift that limit.Yesterday - Donald Trump -
The Hill - Politics
Republicans question proposal to boost Secret Service funding
Some Republicans are questioning whether a boost in spending for the Secret Service as part of the upcoming government funding bill would help protect former President Trump in the immediate term. ...Yesterday - Republican Party -
Financial Times - Business
Trump vows to restore homeowner tax break he scrapped
Former US president courts wealthy suburban voters with pledge to ‘get Salt back’Yesterday - Donald Trump -
CNBC - Business
U.S. crude oil rises more than 1%, closes above $71 per barrel amid Fed rate cut optimism
The oil market is also bracing for the Fed's decision Wednesday on interest rates.Yesterday - Federal Reserve -
CBS News - Top stories
Trump touts World Liberty Financial crypto exchange, but questions remain
Trump said the U.S. should dominate the budding crypto sector, but he didn't disclose many details about his new exchange.Yesterday - Donald Trump -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
Inc. - Business
TikTok Faces Tough Questions From Federal Judges in Court Fight to Survive in U.S.
Facing a ban, the social media platform takes its case to court, but gets skeptical reception from the bench.Yesterday - Tiktok -
MarketWatch - Business
Industrial production gets short-lived boost from cars, but U.S. manufacturers still depressed
Industrial production rose a stronger-than-expected 0.8% in August, but most of the increase was tied to autos and there was little sign of a rebound in a depressing manufacturing sector.Yesterday -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
NBC News - Top stories
Harris to field questions from Black reporters weeks after Trump questioned her heritage
Kamala Harris will take questions from three members of the National Association of Black Journalists on Tuesday, six weeks after Trump's NABJ conference appearance.Yesterday - Donald Trump