Higher Taxes
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The Guardian - World
Sweden cuts tax on flying despite admitting it would increase emissions
Campaigners criticise decision to scrap tax introduced in 2018 amid rise of ‘flight shame’ movement. Campaigners have accused the Swedish government of doing “everything in its power to stop ...4 hours ago -
Financial Times - Business
Bank of England holds rates at 5%
MPC indicates it may lower borrowing costs again as soon as November4 hours ago -
The Guardian - World
Revealed: Far higher pesticide residues allowed on food since Brexit
Exclusive: Unlike the EU, Great Britain has slashed protections for scores of food types. The amount of pesticide residue allowed on scores of food types in England, Wales and Scotland has soared ...6 hours ago -
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.14 hours ago - Donald Trump -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...20 hours ago - Federal Reserve -
Inc. - Business
2 Emotional Intelligence Factors Linked to Higher Salaries
New research shows that those at the top of the corporate heap share certain EQ traits.22 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.22 hours ago - Donald Trump -
CNBC - Business
Jim Cramer says Salesforce's collaboration with Nvidia should not be overlooked
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Yesterday -
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.”Yesterday -
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 ...Yesterday - 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 ...Yesterday - 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 ...Yesterday - Kamala Harris -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.Yesterday - Mortgage -
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 — ...Yesterday - 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 ...Yesterday -
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 moveYesterday -
The Guardian - World
UK inflation stays at 2.2% as lower petrol prices offset by higher air fares
Annual rate in August unchanged, and hovering above Bank of England’s 2% target. Business live – latest updates The UK’s annual inflation rate rose by 2.2% in August, matching the increase in ...Yesterday - United Kingdom -
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 financesYesterday -
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 -
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.Yesterday - 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.Yesterday - Joe Biden -
CBS News - Top stories
Black women at higher risk of death from all types of breast cancer, study finds
In a new study, researchers found Black women are at higher risk of dying from all tumor subtypes of breast cancer, with the disparity ranging from 17% to 50%.Yesterday -
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 -
CBS News - Top stories
Black women have higher risk of dying from all types of breast cancer, new study finds
Black women have a higher risk of dying from breast cancer when compared to white women, and racism could be a factor in the disparity, according to a new study by Massachusetts General Hospital. ...Yesterday -
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.Yesterday -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...Yesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
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.Yesterday -
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 care2 days ago -
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.2 days ago - Federal Reserve -
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 companies2 days ago -
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?2 days ago - United Kingdom -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.2 days ago