Tax Cuts Expire
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MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.26 minutes ago - Federal Reserve -
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.”50 minutes ago -
Financial Times - Business
The market looks ahead to the Fed’s rate cut
Investors are betting on 50 basis points and expect a soft landing for the economy1 hour ago -
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 ...1 hour ago - Kamala Harris -
MarketWatch - Business
Here are the pros and cons if the Fed cuts interest rates by 50 basis points instead of 25
Yardeni: Consumers would welcome a large interest-rate cut, but the Fed’s first step should be small.1 hour ago - Federal Reserve -
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 ...1 hour ago - 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 ...2 hours ago - Kamala Harris -
The New York Times - Top stories
An Interest Rate Cut
We explore the politics of today’s Fed announcement.4 hours ago -
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 — ...4 hours ago - 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 ...4 hours ago -
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 move6 hours ago -
CNBC - Business
What a Fed rate cut could mean for the world
From currencies and commodities; equities to bonds — global markets are braced for the first rate cut by the Federal Reserve this week.9 hours ago - Federal Reserve -
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 finances10 hours ago -
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.16 hours ago - 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.16 hours ago - 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.17 hours ago - Joe Biden -
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’18 hours ago - Donald Trump -
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.18 hours ago -
NBC News - Top stories
A Fed rate cut is coming. How big is anyone's guess.
The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower.18 hours ago - Federal Reserve -
MarketWatch - Business
This part of the Treasury market may move the most on a Fed interest-rate cut
Wednesday’s interest-rate decision from the Federal Reserve is shaping up to become one of the most exciting announcements by the central bank in a long time, with the potential to reshape what’s ...19 hours ago -
MarketWatch - Business
Cash was king — but these bonds are outperforming ahead of Fed rate cuts
A popular ‘T-bill and chill’ trade is about to become a lot less cool as the Fed starts lowering interest rates.19 hours ago - Federal Reserve -
CBS News - Top stories
What to know about buying a home before the Fed cuts rates
The Fed's rate cut this week could have an impact on the homebuying process. Here's how.19 hours ago - Federal Reserve -
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.19 hours ago -
CBS News - Top stories
How much will an $800,000 mortgage cost monthly after rate cuts?
Monthly payments on an $800,000 mortgage loan could soon become less expensive. Here's what to know now.20 hours ago - Mortgage -
MarketWatch - Business
Make this last-minute money move before the Fed’s interest-rate cut
Plus, tips for how savers and spenders can prep for the first interest-rate cut since 202020 hours ago -
CBS News - Top stories
What will happen to gold prices after the Fed cuts rates?
Here's what you can expect to happen to the price of gold after the Fed rate cut happens this week.20 hours ago - Federal Reserve -
Financial Times - World
Market speculation about the next Fed rate cut masks deeper issues
Even so, perma-critics of the US central bank are cracking their knuckles in anticipation23 hours ago - Federal Reserve -
BBC News - Top stories
We’ll cut through Labour gloom - Lib Dem leader
Sir Ed Davey urges Labour to be bolder in government and act to prevent an NHS “winter crisis”.23 hours ago -
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 careYesterday -
MarketWatch - Business
A possible Fed interest-rate cut boosts home builders confidence
Builder sentiment rose as mortgage rates fell, the National Association of Home Builders said.Yesterday - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grownYesterday -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Banks, Stocks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.Yesterday - Federal Reserve -
The New York Times - Business
What Fed Interest Rate Cuts Means for Mortgages, Car Loans and More
Here’s what lowered interest rates will mean for your car loans, credit cards, mortgages, savings and student loans.Yesterday - 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 companiesYesterday -
CNBC - Business
CNBC Daily Open: Rate cuts might not benefit tech the most
Technology stocks benefit the most from low interest rates, conventional market wisdom says. But that might not hold true this cycle.Yesterday -
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?Yesterday - United Kingdom