Biden plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans, report says
While President Joe Biden isn't proposing an outright wealth tax, Bloomberg reports he would target the wealthiest Americans' taxes. President Joe Biden. Andrew Harnik/AP President .....»»
Trump is reportedly considering going around Congress for a massive tax cut that would mostly benefit wealthier Americans
Evan Vucci/AP Images President Donald Trump is considering a plan to allow investors to index capital gains taxes to inflation, according to a new report. This would result in a rough.....»»
Economic Report: ‘Robust’ jobs growth but ‘uninspiring’ wage gains to freeze Fed’s rate plans, economists say
Analysts said Friday’s jobs report showed that the employment trend remains robust even as hiring fell behind expectations in July......»»
Bill Gates says taxing capital gains is the best way to tap "big fortunes"
Bill Gates is concerned about the high budget deficits being run by the U.S., and said if taxes are ultimately increased to make up the shortfall, then it’s appropriate for wealthy people to pay much higher taxes......»»
Russian soldiers were convicted of over 100 murders when they returned home last year, a report says
The high homicide rate in 2023 by Russian soldiers is related to m.....»»
Everything From Biden"s Capital Gains Tax Proposal, Fed"s Inflation Indicator To US Economy Growth And Goldman Sachs" Inflation Decline Prediction: Top Economic Updates This Week
This week's top stories include former Senator Heidi Heitkamp's .....»»
Do You Want Income or Capital Gains?
I believe these ratings recommending the purchase or sale of stock shares to earn capital gains are not compatible with investing for a high-yield income stream......»»
Meta"s AI plans are costing way more than they thought
Meta's was off by at least $5 billion in capital expenditures and $2 billion in projected total expenses for 2024. Meta's Q1 earnings report reveals it underestimated the cost of AI.Matt McClain/T.....»»
Regency Centers plans $23M redevelopment of modern, dining-focused Aventura shopping center
The past year brought adverse economic and capital market impacts to the commercial real estate market. According to a year-end report from Deloitte Inc., CRE sector respondents point to the cost of capital and capital availability as the weakest a.....»»
Biden Vs. Trump: Americans Rate Presidential Tenures, With Implications For 2024 Race
The American public is dissatisfied with both presidential candidates, explaining the close results in many opinion polls. read more.....»»
Jim Cramer Weighs In On Fed"s Interest Rate Cut Plans: "Don"t Hold Your Breath. This Economy Doesn"t Need Them"
Cramer referred to the current state of the country as an "economic miracle," encouraging investors to consider the potential landscape if the Federal Reserve were focused on job creation rather than maintaining high rates to curb growth. read more.....»»
Peter Morici: Biden’s deficits are creating a sugar-high economy
Democrats' ambitious plans collide with reality of supply constraints, higher costs, and reduced incentives to invest.....»»
Report: Seattle office sublease rate among highest in US
Despite the high sublease rate, the area’s office building sales remain among the nation’s top five so far this year......»»
The pandemic reshaped Americans" definition of wealthy
Americans now believe it takes $1.9 million to be considered wealthy, according to a Charles Schwab report. In 2020, it was $2.6 million. Americans have lowered the bar for wealth. Edward Berthelot/Getty Images Americans .....»»
: ‘The pandemic merely laid bare what went unnoticed before’: Asian-American women report twice as much racism as male counterparts
On Thursday, President Biden signed into a law a bill targeting hate crimes against Asian Americans......»»
Capitol Report: Biden says U.S. can’t let China win EV race as he visits Ford plant
President Joe Biden on Tuesday touted his electric-vehicle and infrastructure plans in a visit to a Ford Motor Co. plant in Michigan, framing his proposals as giving the U.S. a competitive edge against China......»»
Yellen says corporate tax hike can pay for infrastructure
President Biden is pushing to raise the corporate tax rate to as high as 28%, and has enlisted his top economic advisers to push the message......»»
Capitol Report: Biden earned $607,336 last year, tax returns show
President Joe Biden and his wife, Jill Biden, had an adjusted gross income of $607,336 in 2020, and an effective tax rate of 25.9%, according to returns released by the White House on Monday......»»
Cannabis Watch: Cannabis company executives saw double-digit salary gains in first quarter amid shortage of experienced workers
Experienced managers and C-suite executives in the cannabis business enjoyed double-digit salary increases in 2021 compared with 2020, according to a new report......»»
Job openings hit a record high in March - showing the gap between job postings and hirings was huge even before April"s jobs report
The hiring rate gained to 4.2% from 4% in March as vaccinations,.....»»
Capitol Report: ‘Our economic plan is working,’ Biden says ahead of talks with Republicans on spending
President Joe Biden on Monday afternoon makes a speech on the U.S. economy, with the remarks coming before meetings with lawmakers on Wednesday and Thursday about his plans for big spending on infrastructure and social programs......»»