Latest in Why This Coffee CEO Turns Down Tax Breaks
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Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - Dec. 5 -
Bitcoin breaks $100,000, boosted by Trump’s crypto embrace and Powell’s remarks
Bitcoin stages a remarkable comeback two years after the implosion of FTX to hit this $100,000 milestone, helped along by Wall Street titans who bet on crypto’s future.MarketWatch - Dec. 5 -
Trans Americans Are Turning to TikTok to Crowdfund Their Relocations
With their health care before the Supreme Court and president-elect Donald Trump about to take office, trans Americans are seeking to move to states where they feel safest.Wired - Dec. 5 -
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Number of people caught in 60% ‘tax trap’ up 45% in two years
Rise for taxpayers earning more than £100,000 blamed on frozen thresholds and wage inflationFinancial Times - Dec. 5 -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
AP PHOTOS: Starlings, Indonesia's bicycle coffee sellers, peddle the streets of Jakarta
Bicycles roam the streets of Indonesia's capital with dozens of plastic sachets of coffee and other packaged drinks dangling from their handlebars. Tied in the back are large thermos bottles with ...ABC News - Dec. 4 -
Former NYPD deputy commissioner breaks down the UnitedHealthcare CEO shooting investigation
New York City police continued searching for the person who shot and killed UnitedHealthcare CEO Brian Thompson on Wednesday morning in Manhattan. CBS News law enforcement contributor and former ...CBS News - Dec. 4 -
Ireland urged to set aside more of its corporate tax windfall
Country’s independent fiscal watchdog calls for Norwegian-style approach to saving surplus cashFinancial Times - Dec. 5 -
What happens if Trump ends the electric vehicle tax credit?
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, ...CBS News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
You could score a tax break by gifting crypto to charity — but there may be some pitfalls
There's been a surge of crypto donations to charity. Here's what to know before transferring digital currency.CNBC - Dec. 4 -
'Why would I back down?': Embattled Pete Hegseth says Trump told him to keep fighting
Pete Hegseth, Donald Trump’s embattled pick for defense secretary, brushed aside suggestions that he would drop out and said Trump urged him to “keep fighting.”NBC News - Dec. 4 -
Why are people pouring milk down the drain over a cow feed additive?
The new additive aims to cut down on methane emissions from cows, but some have raised safety concerns.BBC News - Dec. 4 -
Burchett says he's willing to break with tiny GOP majority 'if it’s morally correct'
Rep. Tim Burchett (R-Tenn.) said, when it comes to his morals, he is willing to break with the narrow Republican majority in the House on some legislation. “If it’s morally correct, if it’s ...The Hill - Dec. 4 -
Stripping Down for a Night at a French Museum
To report on an unclothed visit to an exhibition about social nudism, a Times journalist chose to join the party. Her mother did, too.The New York Times - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
A turning point for the dollar is coming
The short- and long-term prospects of the currency are at oddsFinancial Times - Dec. 4 -
The UConn Star Paige Bueckers Breaks New Ground With Signature Shoe
Bueckers is the first name, image and likeness athlete to design a shoe with Nike.The New York Times - Dec. 4 -
Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'
Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.ABC News - Dec. 3 -
Judge in Hunter Biden tax case rebukes president’s claims of unfair treatment
The federal judge overseeing Hunter Biden’s tax case issued a sharp rebuke of President Biden’s claims his son was unfairly prosecuted in new court filings Tuesday night. U.S. District Judge Mark ...The Hill - Dec. 4 -
Breaking down South Korea's decision to lift martial law
South Korean President Yoon Suk Yeol lifted his martial law order just hours after he announced that the country would be subject to military rule. The country's parliament voted to reject the ...CBS News - Dec. 3 -
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face ...CBS News - Dec. 3 -
Prudential Financial CEO Charles Lowrey to Step Down
Andrew Sullivan, head of international businesses and global investment management, will succeed him.The Wall Street Journal - Dec. 3 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - Dec. 3 -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - Dec. 3 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - Dec. 3 -
How to Turn ‘Boring’ Businesses Into Cash-Flow Machines
In ‘Main Street Millionaire,’ Codie Sanchez describes how to make money buying the types of businesses that most people ignore.Inc. - Dec. 3 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Hotel lift death turns 'dream holiday into a nightmare'
Tyler Kerry's body was found partially clothed at the bottom of a lift shaft at a hotel in Turkey on FridayBBC News - Dec. 3 -
The surprising turn that landed the Lakers a Rookie of the Year candidate
With Dalton Knecht, the Lakers' search for a long-range threat might be over.ESPN - Dec. 3 -
Replica Harry Potter swords recalled in Japan for breaking weapons law
Police said 86cm stainless steel blade – mounted on a wooden plaque and sold in the hundreds – contravened Japan’s firearms and sword control law. Full-size replica swords sold as souvenirs at a ...The Guardian - Dec. 3 -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - Dec. 2 -
As temperatures turn frigid, Minnesotans turn to saunas for warmth and community
As temperatures drop into the teens, Minnesotans have embraced sauna culture for warmth and communityABC News - Dec. 2
