Taxing millionaires looms in Trump tax plan debate
Washington debates a so called big beautiful bill with trillions in tax cuts and program cuts. Republicans split between keeping tax cuts and raising taxes on the wealthy to fund deficits. Stephen Bannon pushes a top rate hike while Newt Gingrich and Grover Norquist oppose. Trump signals mixed views as the plan advances through Congress.
MENTIONED IN THIS ARTICLE
Washington
Congress
Donald Trump
Trump
White House
Old Guard
Republican Party
Stephen Bannon
Bannon
Newt Gingrich
Grover Norquist
House
Mike Johnson
R-La
Fox News Channel
Johnson
Senafor
Wall Street ends week with tech led gains and caution
Specialist Meric Greenbaum on the floor as big tech rallied to lift the Nasdaq 1.3 percent while the S&P 500 rose 0.7 percent and the Dow added 0.1 percent. Alphabet and Nvidia drove gains. Intel fell 6.7 percent amid soft forecasts as traders weighed tariffs and policy.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Donald Trump
Nvidia
Alphabet
Google
Chip Company
Intel
Brian Jacobsen
Annex Wealth Management
Europe
Asia
Tokyo
Shanghai
Treasury
U.S
Federal Reserve
University of Michigan
Canadians skip U.S. trips amidTrump tensions and border concerns
Canadians Diana and Rick Bellamy canceled a Caribbean cruise and U.S. visit plans, opting for Mexico last month due to Trump trade tensions and border‑agent reports. The shift reflects broader Canadian travel pullback as Liberal shifts and U.S. deterrents emerge, with fewer land crossings and bookings down. Premier David Eby warns of heightened anxiety over U.S. policies.
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Vancouver
British Columbia
Diana
Rick Bellamy
Houston
Laurel
Mississippi
Calgary
Mexico
Pacific
U.S
Donald Trump
Canada
Diane Bellamy
Trump
Mark Carney
Liberal Party
United States
Jasmine Mooney
San Diego
Mooney
David Eby
Trump tariff chaos and mixed signals from the White House
President Donald Trump contends with unclear tariff policy as he touts possible deals while admitting meetings may be impractical. He cites internal tariff setting and describes a fragile path to negotiations with China amid market jitters and IMF discussions. Uncertainty worries U.S. firms and partners. Trump hints at a future fair tariff price, praising talks with Japan as nearing a deal.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
Trump
U.S
U.S. Treasury
Scott Bessent
China
Time Magazine
Federal Reserve
World Finance
International Monetary Fund
Josh Lipsky
GeoEconomics Center
Atlantic Council
IMF
White House
Karin Keller-Sutter
SRF
Bessent
Switzerland
United States
European Union
Japan
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Gingrich
Fox News
Larry Kudlow
George Bush
Meric Greenbaum
New York Stock Exchange
Eastman Chemical
Mark Costa
Skechers U.S.A
Rob Gillies
Jim Morris
Associated Press
Tariffs
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