Latest in Tax Cuts Cost
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Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.Business - The New York Times - 17 hours ago -
Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.Top stories - The New York Times - 17 hours ago -
Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
The president-elect’s plan may do more harm than good, experts said.Business - MarketWatch - November 8 -
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 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Why mortgage costs are rising despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - November 15 -
5 obstacles Republicans will face on the road to tax cuts
Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...Politics - The Hill - 2 days ago -
Trump, Harris tax-break costs soar to more than $12 trillion
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...Business - MarketWatch - October 29 -
Retiring to another state for lower taxes? The hidden costs you need to know.
Moving can work out well financially, but there are some expenses that you may be overlookingBusiness - MarketWatch - November 9 -
Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
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BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - November 11 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Chris Wallace exits CNN as post-election cost-cutting begins
Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"Entertainment - Los Angeles Times - November 12 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
How Elon Musk Cuts Costs at Tesla, SpaceX and X
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. ...Business - The New York Times - November 16 -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - 3 days ago -
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The Papers: 'King cuts off Andrew' and 'tax blow for care homes'
A range of stories are on the front of Saturday's papers including a new biography about the royals.Top stories - BBC News - November 2 -
Colorado governor says tax cuts key to state's shift left
Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...Politics - The Hill - November 8 -
The markets could have the final say on Trump’s tax cuts and tariffs
Financial markets could wind up as the final arbiter about whether he has gone too far.Politics - The Hill - November 15 -
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for electric vehicles (EVs) would benefit China. “You eliminate these credits, ...Politics - The Hill - November 15 -
How Trump and Republicans could pay for new tax cuts
President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but will face pressure to find ways to cover the costs. While Trump and many ...Politics - The Hill - 4 days ago -
How Trump’s Tax Cuts and Tariffs Could Turn Into Law
Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.Business - The New York Times - 4 days ago -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
Election 2024: How Trump vs. Harris could shape taxes, home prices and grocery costs
Your guide to where the presidential candidates stand on key economic and money issues.Business - MarketWatch - November 2 -
JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget
Pub chain says rise from higher taxes and NI contributions will fuel inflationWorld - Financial Times - November 6
