To bring the U.S. back to the table, Canada said that it wouldn’t collect a digital services tax that was due to start Monday that Trump said unfairly targeted U.S. technology firms.
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Stock futures were rising late Sunday, extending their trajectory from last week as lawmakers raced to get a tax and spending megabill to the White House by Friday.
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To meet the deadline, the House would have to swallow the Senate version without making more changes of its own.
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The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
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The House and Senate have less than a week to resolve their differences.
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Both small and big businesses would benefit, though some provisions would hurt.
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New questions about Medicaid cuts set up a conflict with House fiscal hawks.
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Zohran Mamdani stunned the city’s business and financial establishment with his comfortable win in New York’s Democratic primary.
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A July 4 deadline may not hold, but the president won’t allow lawmakers to back down on his signature legislation.
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A change to tax rules targets residents with another permanent home for tax purposes.
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Bond investors might be worried about the wrong thing.
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Important news on taxes and spending, tariffs, and what role the U.S. will play in the Israel-Iran war could land as the market heads into earnings season.
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Federal Reserve Chair Jerome Powell used the word ‘uncertainty’ at least 14 different times during his press conference Wednesday.
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The index has soared, regardless of considerable economic and policy risks.
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The combined retirement and disability fund is projected to run dry in 2034, one year earlier than reported last year, according to the annual Social Security and Medicare Trustees report.
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The Senate version has two key provisions that would affect the wallets of seniors. Those planks could change even more.
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Congress is aiming to pass the legislation before the July holiday, but there are still some big hurdles.
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Changes unveiled by the Senate are an improvement over the House version, but the overall package still misses the mark, John W. Diamond writes in a guest commentary.
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Congress’s official scorekeeper says the House version of President Donald Trump’s bill could take a heavy toll on the federal debt.
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Senate Republicans detailed changes to Trump’s tax and spending bill that would end tax credits for some renewable energy by 2028.
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SALT divides GOP lawmakers, U.S., U.K. show off signed trade deal, Trump family business gets into mobile phones, and more news to start your day.
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A House Republican threatened to vote against the bill if it doesn’t include a higher limit on state and local tax deductions.
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The dollar just gave a clear example of a risk-off environment—but it isn’t performing well overall.
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The president’s to-do list just got a lot longer. and more complicated.
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The tax bill would cut energy-efficiency tax credits while data centers raise power demand, Ari Matusiak writes in a guest commentary.
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