Latest in Proposals Face Fiscal
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Trump’s Tax Proposals Face a Fiscal Reckoning
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.Top stories - The New York Times - 8 hours ago -
Trump Agenda Faces a Fiscal Reckoning
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.Business - The New York Times - 14 hours ago -
McDonald's faces proposed class action lawsuit over E. coli outbreak
A proposed class action lawsuit against McDonald’s is the latest litigation over the E. coli outbreak linked to the fast-food chain’s Quarter Pounders.Top stories - NBC News - October 30 -
Europe’s fiscal tug of war
Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovationWorld - Financial Times - October 26 -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
Why chancellors need fiscal rules
Rachel Reeves’s new set-up frees up capital spending but her ability to reap benefits depends on many other thingsBusiness - Financial Times - October 25 -
Peering inside a (fiscal) black hole
Come for the snark, stay for the Soundgarden punsWorld - Financial Times - 6 days ago -
Starmer to pledge to ‘embrace fiscal reality’ in the Budget
UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’Business - Financial Times - October 27 -
The elusive pivot from monetary to fiscal tightening
IMF wants lower interest rates and government deficits. That looks unlikelyWorld - Financial Times - October 29 -
The UK gets it wrong again on fiscal rules
You’re a little much for me, public sector net financial liabilitiesWorld - Financial Times - 2 days 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 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
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 - 41 minutes ago -
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 -
How Trump, Harris propose cutting healthcare costs
The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...Politics - The Hill - October 25 -
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 -
Trump says there's no 'price tag' on his deportation proposal
President-elect Trump said in an interview Thursday with NBC News that "there is no price tag" when it comes to his mass deportation plan. Throughout the campaign cycle, Trump touted a "Day 1 ...Politics - The Hill - 9 hours ago -
Putin says Trump’s Ukraine proposals merit attention
Russian president congratulates Republican leader on his election victoryWorld - Financial Times - 8 hours ago -
A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog
The U.S. fiscal backdrop is “structurally unsound,” but no one knows when or if financial markets might force change, says president of the bipartisan Committee for a Responsible Federal Budget.Business - MarketWatch - October 24 -
Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst
The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressuresBusiness - MarketWatch - October 25 -
Europe can learn fiscal lessons from the UK on how to achieve its goals
A co-ordinated reform agenda is crucial if the EU is serious about becoming a climate leader and geopolitical playerBusiness - Financial Times - 6 days ago -
All of Kamala Harris’s and Donald Trump’s proposed tax breaks — in two charts
Democratic presidential nominee Kamala Harris and Republican rival Donald Trump have floated many tax plans as they compete for votes in the tight White House race.Business - MarketWatch - October 16 -
Lawmakers calls for extending telemedicine flexibilities, object to proposed DEA rule
Lawmakers on both sides of the aisle in the House and Senate are calling for COVID-era flexibilities on telemedicine services to be extended to ensure access to "necessary and life-saving ...Politics - The Hill - October 15 -
German space chief defends Europe investment model against Draghi’s proposal
Former Italian PM recommended abolishing ‘georeturn’ principle in report to European CommissionWorld - Financial Times - October 16