Taxes

What happened on Wednesday may not have been the “breakout” event some investors were looking for.

Investors tend to prefer 10-year and 30-year debt, and yields on 20-year securities are always weirdly higher than for its counterparts.

The bill would exempt up to $25,000 in annual cash tips from federal income tax for workers including waiters.

The bank, which kept its Equal Weight rating on global stocks in place, raised its call on U.S. assets to Overweight from Neutral.

Alphabet unveils new gadgets, House lawmakers wrestle over tax bill, Musk is cutting back political spending, and more news to start your day.

Fiscal worries are intensifying as a Republican Congress marches toward a new tax bill that could add $3.3 trillion to the deficit.

Investors have moved beyond concerns about tariffs—however unwise that might be—and are now focusing on potential tax cuts from Washington, D.C.

Medicaid might not be the “third rail” of American politics in the way that Social Security benefits are, but it could be the proverbial Costco hot dog.

Armed with advance knowledge of a business or second home sale, advisors can set up direct indexing strategies that provide significant ‘planning alpha.’

Speaker of the House Mike Johnson can afford to lose only three votes as he pushes for approval of the legislation.

Japan had one of the worst bond auctions in more than a decade after the prime minister described the country’s finances as worse than Greece’s.

If the U.S.’s loss of its final perfect credit rating boosts yields on Treasury debt, it likely would boost the cost of borrowing for both companies and consumers.

Two days after the downgrade, a House committee voted to move forward a bill that would increase deficits by nearly $3 trillion through 2034.

The bill got through the Budget Committee on a 17-16 vote. It now heads to the House Rules Committee.

On Thursday The National Association of Realtors reports existing-home sales, while the Census Bureau reports new home sales on Friday.

The Treasury Secretary blamed spending by the previous administration and discussed the next move on tariffs.

Treasury Secretary Scott Bessent helped turn around the tariff shock, but won’t be the markets’ last crisis.

Equities reacted jubilantly to Trump’s trade agreement with China. They should have paid closer attention to U.S. government yields.

Stephen Mellinger pleaded guilty to tax and fraud charges relating to a scheme that created $106 million in false deductions.

Progress in Congress would give relief from constant whiplash of tariffs, Daniel Bunn writes in a guest commentary.

Conclusive data on the policy’s impact on state revenue aren’t available yet, but at least one advisor says family office clients in the state have relocated or are seriously considering doing so.

Trump highlights string of Middle East deals, tax bill moves ahead, fintechs dominate IPO market, and more news to start your day.

House Republicans aim to cut federal spending by $2 trillion, hitting Medicaid and other programs. How the cuts could impact millions of Americans.

Taxes on large foundations, including Gates, the Lilly Endowment, Ford and the J. Paul Getty Trust would rise to 10%.

The acronym stands for “money account for growth and advancement.”