A UPS truck at the Palace Imports warehouse in Linden, New Jersey, US, on Wednesday, Aug. 27, 2025. Michael Nagle | Bloomberg | Getty Images After a wave of big companies announcing steep job cuts, many laid-off workers may face a financially difficult and uncertain period ahead. Amazon said on …
Former Federal Reserve Governor Adriana Kugler’s abrupt resignation from the board on Aug. 1 – and her unexplained absence at a key meeting two days earlier – left the financial community shocked and confused. Nominated by Democratic former President Joe Biden to fill a surprise vacancy on the Fed board …
U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. Jonathan Ernst | Reuters How to read this guide Follow along from start to …
Senate staffers rest on the U.S. Capitol steps at sunrise as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters How to read this guide Follow along from start to finish, …
There’s ongoing debate in the nation’s capital about whether President-elect Donald Trump’s legislative priorities, and tax cuts in particular, should be split up into multiple bills next year, but Republican House Way and Means Committee Chairman Jason Smith tells CNBC to expect one big bill next year, and that his …
Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign event at the Cobb Energy Performing Arts Centre in Atlanta, Georgia, U.S. October 15, 2024. Dustin Chambers | Reuters The millions of Americans who work overtime have a little more reason to hope for tax relief. Republicans …
Einhorn building position in farm equipment company CNH Industrial Hedge fund manager David Einhorn sees the market as overvalued and sees himself as one of the few managers still looking for bargain stocks. He recently revealed a position in beaten-up Peloton and at DA he revealed a new position in …
In a recent appearance on CNBC, former Donald Trump Treasury Secretary Steve Mnuchin spoke as if the President-elect’s tax cut promises were a sure thing, legislatively speaking. “The top priority is extending the Trump tax cuts and the signature part of his program. I think that should be easy to …
Next week’s presidential election could have a big impact on municipal bonds, according to Morgan Stanley. Potential changes in tax policy could sway muni demand, depending on whether former President Donald Trump or Vice President Kamala Harris wins. The interest earned from the bonds are exempt from federal tax and …
With the Federal Reserve rate-cutting cycle now underway and the November election just around the corner, now could be a good time to invest in municipal bonds. For one, they are a way to lock in yield as interest rates fall. “Municipals are a great way to do that, given …
