News

Congress to try again on Trump tax cuts, Bessent dismisses credit downgrade
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Ishiba Rebuffs Tax Cut Demands With Greek Debt Comparison
Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation’s financial conditions are worse ...
The White House has been obsessed with tariffs. Wall Street is wondering about Trump’s tax cuts
As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided.
U.S. Downgraded by Moody’s as Trump Pushes Costly Tax Cuts
The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its ...
US stock futures slide as Moody's cuts country's sovereign credit rating
The ratings agency late on Friday downgraded the U.S. sovereign credit rating to "Aa1" from "Aaa", due to concerns about the ...
Donald Trump's Spending Bill Makes Progress as Medicaid Faces Cuts
The Congressional Budget Office has said the bill, if enacted, would cause more than 8 million people to lose their coverage.
Trump’s New Tax Cuts Could Shower Americans With Cash, for Now
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave ...
Trump tax bill passes in key US House committee vote
The approval on May 18 advances the measure toward possible passage in the House of Representatives later this week.