Slashes Income - QuikReader

Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...

ABC News - 10h

UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half

UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

CNBC - 1d

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...

NBC News - 1d

Incoming UK ambassador takes back Trump criticism: 'Ill-judged and wrong'

The incoming U.K. ambassador to the U.S., Peter Mandelson, recanted previous statements criticizing President Trump on Wednesday. He previously stated Trump was a “danger to the world” in 2019 but ...

The Hill - 3d

My criticism of Trump was wrong, says incoming US ambassador Mandelson

The UK's choice for ambassador to the US rows back on previous comments describing Trump as "a bully".

BBC News - 3d

Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy

The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.

CNBC - 3d

A Nutrition Program for Low-Income Americans Seeks Clarity on Funding Pause

It was not immediately known how the federal funding freeze would affect W.I.C., which provides vouchers for healthy foods to low-income pregnant and postpartum women, infants and children.

The New York Times - 3d

Why February's Supplemental Security Income checks are coming early

If you receive Supplemental Security Income from the Social Security Administration, you know the last two payments have been a bit wonky.

The Hill - 4d

IRS starts new tax rule for digital income

A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...

CBS News - 4d

Higher-income American consumers are showing signs of stress

Borrowers earning more than $150,000 a year are showing increasing signs of stress, according to a new report from the credit scoring company, VantageScore.

CNBC - 4d

Higher-income American consumers are showing signs of stress

Inflation, job concerns, and already high interest rates are putting the squeeze on many American consumers.

NBC News - 4d

Making money online? The IRS is cracking down on unreported income

The world of "side hustles" has opened the door for many to make money in previously unconventional ways.

The Hill - 5d

FTfm: Fixed Income

Will Donald Trump’s presidency be good or bad for fixed income investors and how should they position themselves? Plus: the future of traditional bonds and are investors too complacent about the ...

Financial Times - 5d

Fixed income investors seek ways to navigate a Trump presidency

US Treasuries, traditionally a haven asset, have become a riskier, more volatile bet

Financial Times - 5d

RFK Jr.'s financial disclosures reveal millions in both debt and income

Financial disclosures show that Robert F. Kennedy Jr., President Trump's Health and Human Services Secretary nominee, is saddled with millions in debt, but is positioned to earn millions from book ...

CBS News - Jan. 24

Hugging Face shrinks AI vision models to phone-friendly size, slashing computing costs

Hugging Face's new SmolVLM models run on smartphones, outperform larger systems and slash computing costs by 300X.

VentureBeat - Jan. 23

Trump urges oil-exporting nations to slash prices

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

BBC News - Jan. 23

LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push

Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.

MarketWatch - Jan. 23

Tulsi Gabbard raked in massive income engaging Republican audience, filing shows

Tulsi Gabbard reported a net worth of $55 million to $127 million, her personal financial disclosure report shows.

ABC News - Jan. 20

Trump’s RTO Plans Could Slash Federal Employee Head Count

The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.

Inc. - Jan. 20

How the hot EV market left middle-income Americans out in the cold

Electric vehicles made up about 9% of cars sold in the U.S. last year. Even with tax credits, they were too expensive for many middle-income households.

MarketWatch - Jan. 18

Incoming British ambassador to US praises Trump in op-ed

The incoming British ambassador to the U.S. Peter Mandelson praised President-elect Trump in a new op-ed, predicting his forthcoming presidency will be one of the “most consequential” in recent ...

The Hill - Jan. 18

Citigroup Slashes Jobs as Cost-Cutting Continues

Targets include senior managers in the banking giant’s wealth, technology and data analysis units.

Inc. - Jan. 17

D.C. Restaurants Look Ahead to Incoming Trump Administration

With Trump back in town, owners are wondering how the dining scene will shape up.

The New York Times - Jan. 17

Morgan Stanley tops estimates on strong equities and fixed income trading revenue

The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.

CNBC - Jan. 16

BP gave a bleak outlook. Now it’s reportedly slashing jobs.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

MarketWatch - Jan. 16

Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers

Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.

The New York Times - Jan. 14

Airlines turn to incoming government to resolve Ireland’s airport cap row

Industry hopes Dublin will resolve a long-running dispute caused by local planning restrictions

Financial Times - Jan. 14

Inside Elon Musk’s Plan for DOGE to Slash Government Costs

Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.

The New York Times - Jan. 13

New rule could slash nicotine levels in tobacco products

The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...

The Hill - Jan. 13

Jamie Dimon on the economy, billionaires, and income inequality

The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...

CBS News - Jan. 12

Trump’s Day 1: Incoming president looks set to act on tariffs, crypto, energy and immigration

On his first day back in office, President-elect Donald Trump is planning to go big on executive orders and other actions, including ones that aim to rollback some of his predecessor’s policies. ...

MarketWatch - Jan. 11

Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.

Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.

MarketWatch - Jan. 11

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