Taxes


China Violated Trade Deal, but U.S. Will ‘Work That Out’ With Xi, Trump Says

Restrictions on exports of rare-earth magnets from China have contributed to escalating tensions, according to the White House.

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Tariff Court Decision Threatens Billions in Revenue. Why It Won’t Sink the Tax Bill.

the decision throws cold water on some GOP lawmakers’ contention that levies on imports will fill the gaping deficit left by the tax bill moving through Congress.

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Trump’s Economic Strategy Is Built on Executive Power That Is Now in Question

Uncertainty has left bond yields elevated. A trade court ruling only heightens it.

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U.S. GDP Shrank Less Than First Reported Last Quarter. This Is Why.

The Bureau of Economic Analysis released its second estimate for first-quarter GDP growth Thursday morning.

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Federal Reserve Staff See Increased Recession Risk in Wake of Tariffs, Minutes Show

Officials also expressed their worry about an economic slowdown and difficult trade-offs they may have to consider.

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What the U.S. Dollar Shares With Blockbuster Video and Sears

European Central Bank President Christine Lagarde says uncertainty is rising about the dominant role of the U.S. currency.

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Markets Are on Bond-Auction Watch. These Are the Ones to Worry About.

The U.S. is selling $183 billion of debt, while Japan is selling 40-year bonds following a poorly received auction of 20-year paper.

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Summer Is Here. The Stock Market Won't Take It Easy.

Instead of the market’s typical summer lull, the season could bring some significant volatility this year.

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House Speaker Dismisses Deficit Worries Over Spending Bill

The Senate is preparing to take up a tax and spending bill that the Congressional Budget Office has estimated will add $3.8 trillion to the federal deficit.

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Roth IRA Conversions Can Save You Tons on Taxes. The Bigger the Better.

Planning experts say Roth conversions are one of the best tactics for boosting spending power in retirement, and more people should be using them.

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Rattled by Deficits and Inflation? Think Short-Term and High-Yield.

BlackRock manager Russ Brownback is broadly bullish, suggests avoiding long-duration bonds, and believes the junk market is healthy. He sees a golden age for income.

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Trump’s Bill Has No Social Security Tax Breaks. What Else Seniors Should Know.

The megabill the House of Representatives passed on Thursday includes a bunch of provisions that will affect retirees’ finances.

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3 Political Fights Are Brewing This Summer. Prepare for Volatility.

The tariff battle, the tax bill, and the debt ceiling are scheduled to come to a head soon.

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America Needs an AI Boom to Grow Out of Our Debt Problem. There Is No Guarantee.

If AI disappoints, a future of deficit-driven drag is likely, Vanguard’s Joe Davis writes in a guest commentary.

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GOP Bill Benefits Fossil Fuels, and Compensates for Adverse Impact

There are various goodies for the oil, gas, and coal industries in the big tax and spending bill that passed the House of Representatives on Thursday.

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‘Tariff Man’ Is in a Bad Mood Ahead of the Memorial Day Weekend

President Trump threatens a fresh round of tariffs on Apple and the European Union in a pair of social media messages Friday.

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The Fed Won’t Rescue the Bond Market. Neither Will the Treasury.

It is becoming more expensive to borrow across the economy even though the central bank hasn’t changed interest rates.

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House Narrowly Passes Trump Tax-and-Spending Bill, Sends Legislation to Senate

The 215-214 vote came early Thursday. Two Republicans opposed it and one voted ‘present.’

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Say Goodbye to the 1-Cent Coin. It’s a Penny-Wise Move in a Deficit-Foolish World.

Axing the penny will save $58 million a year. The new tax-and-spending bill will add $3 trillion to the deficit over the next 10 years.

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It’s Time to Worry About Japan and the Yen Carry Trade Again

Moderate moves to tighten monetary policy in Japan are disrupting markets on both sides of the Pacific Ocean.

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Tax Bill Brings Big Changes to Medicaid, Insurers, Pharma. Watch These Stocks.

The bill would bring dramatic changes to the Medicaid program, but it also has implications for drug prices, managed care providers, and hospitals.

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Trump’s Tax Bill Passes House: What Financial Advisors Need to Know.

The Republican tax and spending bill passed the House early Thursday. As the legislation advances to the Senate, here are the key provisions financial advisors should watch.

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Trump’s Tax Bill Pummels First Solar, Enphase, Sunrun Stocks

Solar companies risk losing access to huge tax credits now that the bill has passed in the House of Representatives.

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What the House’s ‘Big Beautiful Bill’ Means for Your Wallet

Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may impact you.

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Bond Market Sees Trump Tax Bill as Big, and Not Beautiful

There’s an old joke about a kid who asks to “borrow” $10 from his parents, gets turned down, and then follows up with a request for $20 . Today’s scenario is similar.

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