Where Taxes Would Rise the Most if Trump's Tax Cuts Expire
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MarketWatch - Business
‘I’d like to do it myself’: Where do I invest $50,000 as the Fed will cut interest rates? I’m 38 and have a high risk tolerance.
The U.S. Federal Reserve is expected to cut the benchmark rate on Wednesday.7 minutes ago -
The Guardian - World
Wall Street expects Fed to cut US interest rates by 0.5% today, as odds of UK cut tomorrow fall – business live
Markets are bracing for a crucial US interest rate decision today, with many investors expecting a large cut to rates. What would a Federal Reserve interest rate cut mean for you? Despite ...8 minutes ago - United Kingdom -
The Hill - Politics
Trump favorability rises 5 points in past month: Gallup
Former President Trump’s favorability rating has risen by 5 percentage points in the past month, according to a survey released Wednesday. The Gallup poll shows Trump's favorability has bounced ...43 minutes ago - Donald Trump -
MarketWatch - Business
My father makes after-tax contributions to his 401(k). Should he take these as his RMD or leave them for his beneficiaries?
“My father is a widower, so any beneficiary would be a non-spouse.”49 minutes ago -
CBS News - Top stories
Kamala Harris talks child care tax plan in NABJ interview
Vice President Kamala Harris addressed her childcare tax plan in Philadelphia Tuesday during an interview with the National Association of Black Journalists. CBS News campaign reporter Shawna ...1 hour ago - Kamala Harris -
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 ...1 hour ago - Joe Biden -
The Hill - Politics
Kamala Harris will raise your taxes, no matter what she's saying now
Kamala Harris has promised not to raise taxes for those making less than $400,000, but her proposed tax credits and deductions are not actual tax cuts, and she has promised to let the 2017 Trump ...2 hours ago - Kamala Harris -
Financial Times - World
Where is Sheikh Hasina?
A cloak of discretion is likely to surround the whereabouts of the deposed strongwoman — and by New Delhi’s design2 hours ago -
Wired - Tech
Laura Loomer Is MAGA at Its Most Extreme—and She’s Closer to Donald Trump Than Ever
Right-wing agitator and conspiracy theorist Laura Loomer has Donald Trump’s ear. And she has for a while.3 hours ago - Donald Trump -
Wired - Tech
Project 2025 Would Drastically Cut Support for Carbon Removal
The Heritage Foundation’s plan for a potential Trump second term has little time for schemes to suck carbon dioxide out of the atmosphere.3 hours ago -
CNBC - Business
Rate cuts are good for dividend stocks. Here's where we stand on our 5 biggest payers
The Federal Reserve's impending interest rate cut will make dividend payouts look relatively more attractive.4 hours ago -
The Hill - Politics
Biden's climate law got zero GOP votes. Some Republicans think its energy tax credits are worth saving
As President Biden’s signature climate law spurs energy investments in Republican-led districts, many Republican members are getting on board with keeping at least some of its tax credits — ...4 hours ago - Republican Party -
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 ...4 hours ago -
The New York Times - Business
A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race5 hours ago - Joe Biden -
Financial Times - World
Lib Dem call to tax rich more may be a poor pitch to its base
Ed Davey urges Labour to increase spending to ‘winterproof’ the NHS in a strategic move6 hours ago -
Financial Times - World
Tax threat and negativity undermine investment efforts, business leaders warn
Industry executives air concerns over prime minister and chancellor’s gloomy comments about public finances10 hours ago -
The Hill - Politics
Springfield mayor: Trump visit would be 'an extreme strain' on city resources following threats
Springfield Mayor Rob Rue said a visit from former President Trump would be "an extreme strain" on the city in the wake of unfounded claims made by the former president and his running mate, Sen. ...14 hours ago - Donald Trump -
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.16 hours ago - Donald Trump -
NBC News - Politics
After false pet claims, Springfield mayor says Trump visit would be 'an extreme strain' on resources
Springfield, Ohio, Mayor Rob Rue said a visit from Donald Trump, who spread false rumors about Haitian immigrants eating pets there, would "strain" resources.16 hours ago - Donald Trump -
NBC News - Top stories
Trump calls for undoing part of his own tax law, vowing to 'get SALT back'
Donald Trump called for rolling back part of his signature tax law Tuesday, suggesting he would seek to reinstate the state and local tax deduction or SALT.16 hours ago - Donald Trump -
The Hill - Politics
Tensions rise after apparent Trump assassination attempt
Welcome to The Hill's Campaign newsletter {beacon} Campaign Report Campaign Report The Big Story Tensions rise after apparent Trump assassination attempt Another major event has shaken up the ...17 hours ago - Donald Trump -
CNBC - Business
GOP House Speaker Johnson backs keeping some of Biden's clean energy tax credits
In an exclusive interview with CNBC, Johnson says he will use "a scalpel and not a sledgehammer" in deciding which IRA tax credits to try to roll back.17 hours ago - Joe Biden -
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’18 hours ago - Donald Trump -
The Hill - Politics
Rep. Horsford introduces bill to eliminate taxes on tips
Rep. Steven Horsford (D-Nev.) has introduced the Tipped Income Protection and Support (TIPS) Act to eliminate federal taxes on tips and subminimum wages for tipped workers.18 hours ago -
MarketWatch - Business
Trump floats nixing the SALT cap. Voters in these 6 states would benefit the most.
The cap on state and local tax deductions was a centerpiece of the former president’s 2017 tax-reform law.18 hours ago - Donald Trump -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...19 hours ago -
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.19 hours ago - Federal Reserve -
CNBC - Business
Your inherited individual retirement account could trigger a 'tax bomb,' advisor says. How to avoid it
If you've inherited a pretax individual retirement account since 2020, you could face a sizable tax bill without proper planning. Here's what to know.19 hours ago -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social careYesterday -
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 -
The Hill - Politics
Most Trump supporters believe false claims about Haitian migrants: Poll
A YouGov poll found that more than half of Trump-backers believe that Haitian immigrants in Ohio are eating people's pets, despite no evidence of this being true.Yesterday - Donald Trump -
Financial Times - Business
London’s ailing junior stock market cannot withstand a tax raid
Abolition of Aim would make it harder to stimulate investor interest in smaller companiesYesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -
Financial Times - World
Do I owe UK tax on my crypto assets?
I’ve had a letter from HMRC; does this mean I've made a mistake on my last tax return?Yesterday - United Kingdom