Latest in Trump’s Tax Proposals Face a Fiscal Reckoning
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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 - 15 hours ago -
Many parents voted for Trump. His top priority should be expanding the child tax credit, advocates say.
Parents — specifically, male parents — voted for President-elect Donald Trump this election cycle in an ongoing show of support for the Republican Party by voters with children, according to exit ...Business - MarketWatch - 13 hours ago -
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 - 10 hours ago -
Chinese stocks gain after Beijing lays out fiscal plans
Government plans to increase spending to boost world’s second-largest economyBusiness - Financial Times - October 14 -
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capitalWorld - Financial Times - October 16 -
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.Business - MarketWatch - October 19 -
Why Xi Jinping changed his mind on China’s fiscal stimulus
After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?Business - Financial Times - October 22 -
My fiscal rules will provide the stability on which growth depends
Britain faces a choice between investment or declineBusiness - Financial Times - October 24 -
Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment
Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by ToriesBusiness - Financial Times - October 24 -
Jeremy Hunt attempts to block watchdog report on £22bn ‘fiscal hole’
Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’Business - Financial Times - October 29 -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - October 31 -
China’s lawmakers gather to approve long-awaited fiscal stimulus
Local governments have been weighed down by trillions of dollars of debtWorld - Financial Times - 3 days ago -
BoE expected to cut interest rates despite looser fiscal policy
UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demandWorld - Financial Times - 4 days ago -
China expected to announce highly anticipated fiscal stimulus package
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - 36 minutes ago -
Transracial adoptees push back against long-held narrative they should be 'grateful'
Amid recent investigations on systemic adoption fraud by the Chinese and South Korean governments, adoptees are speaking out on a narrative they should be "grateful."Top stories - NBC News - October 18 -
Paul Tudor Jones says market reckoning on spending is coming after election: 'We are going to be broke'
Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.Business - CNBC - October 22 -
King Charles tells summit the past can't be changed as leaders ask Britain to reckon with slavery
King Charles III has told a summit of Commonwealth countries in Samoa that the past could not be changed as he indirectly acknowledged calls from some of Britain’s former colonies for a reckoning ...World - ABC News - October 25 -
Harris Targets Black Men With New Economic Proposals
The Democratic candidate suggests small business loans and improved access to the legal cannabis industry for Black entrepreneurs.Business - Inc. - October 14 -
Labour donor to back Tortoise’s proposed purchase of Observer
South African businessman Gary Lubner in talks on taking minority stake in online start-upWorld - Financial Times - October 15 -
PGA Tour players proposing big changes for '26
The PGA Tour Player Advisory Council is recommending sweeping changes for 2026 in regard to field sizes, exemption status and PGA Tour card availability.Sports - ESPN - October 29 -
Ex-Trump fixer Michael Cohen faces long odds in reviving claim against former boss
Michael Cohen is an unlikely civil rights warrior.Top stories - NBC News - October 14 -
Smith fights Trump bid to toss Jan. 6 case, charges faced by rioters
Special counsel Jack Smith on Wednesday contested an effort by former President Trump to toss his Jan. 6 prosecution citing the Supreme Court’s ruling in favor of a Jan. 6 rioter facing one of the ...Politics - The Hill - October 16 -
Harris faces Fox News grilling as Trump stands by false claims about immigrants eating pet – US elections live
Vice-president’s interview with rightwing channel airs just hours after her Pennsylvania rally with senior Republicans. Don’t miss important election coverage. Get our free app and sign up for ...World - The Guardian - October 16