Senate and House clash over big tax bill differences
The Senate releases its version of the big bill to cut taxes and cut spending, with July 4 as a deadline to pass. Key disputes include Medicaid work requirements for teens’ parents, provider tax caps, SNAP cost sharing, gun silencer and weapon deregulation, clean energy credits pace, and the SALT deduction cap.
MENTIONED IN THIS ARTICLE
Washington
U.S. Senate
Donald Trump
House
Senate
District of Columbia
Georgia
Andrew Clyde
Athens
Clyde
Joe Biden
Stocks rally as oil slips after Iran focus shifts
U S stocks climb with the S P 500 up 1 percent the Dow up 374 points and the Nasdaq 0 9 percent. Oil falls 7 2 percent to 68 51 per barrel after initial gains as Iran’s response to U S bombings keeps concerns on supply from Hormuz and global inflation in view.
MENTIONED IN THIS ARTICLE
New York
Uss
Iran
United States
Israel
U.S
al Udeid
Qatar
Nyse Nasd
DOW Trans
DOW Util
S&p
Wilshire
Russell
Treasury
AMD
Asml Holding N.V
At&t
AbbVie Inc
Abbott Laboratories
Accenture PLC
Adobe
Alphabet C Amazon
American Express Co
Apple Avient Corp
Bank of America
Berkshire Hatch
Caterpillar
Chevron Corp
Cisco Systems Inc
Coca-Cola Consolidated Ir
Eli Lilly and Company
Emerson Electric Co
Exxon Mobil
Fifth Third Bancorp
Home Depot Honeywell International
Huntington Bancshares
IBM
Intuit Inc
Intuitive Surgical Inc
Jpmorgan Chase & Co
Johnson & Johnson
Keycorp Linde PLC
Merck & Co. Inc
Meta Platforms Inc
Microsoft Corp
Morgan Stanley
Nnsource Inc
Nvidia Corp
Netflix Inc
Nordson Corp
Northrop Grumman Corp
Oracle Corp
PNC Financial Services Gr
Palantir Technologies Inc
Parker-Hannifin Corp
RPM International Inc
RTX Corp
Royal Bank of Canada Salesforce Inc
Sherwin-Williams
Six Flags Entertainment C
Smucker
T-Mobile
Tesla Inc
Texas Instruments
UPS
UnitedHealth Group Inc
VISA
Verizon
Walmart
Wells Fargo
Wendy's
Fed eyes July rate cut amid tariff inflation concerns
Federal Reserve Governor Michelle Bowman urged a possible rate cut at the July meeting amid divisions within the Fed and White House criticism. She noted tariffs may not spike inflation as feared and supported easing if inflation remains contained. The report also covers Ford recalls and Trump Media stock buyback plans as related market news.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Michelle Bowman
Fed
White House
Bowman
Donald Trump
Prague
Christopher Waller
Trump
Waller
Jerome Powell
Powell
Market In Review Stock Indexes and Fund Fees
The Market In Review notes indexes near 50 with warrants and fund fees. Mutual fund footnotes discuss redemption charges and front assets. Source material appears fragmented but indicates warrants and redemption fees within asset values.
MENTIONED IN THIS ARTICLE
The
Asse
Also Mentioned on This Page
Tia Mitchell
Atlanta Journal-Constitution
Medicaid
Guage
Strait of Hormuz
China
Atlanta
Tom Kloza
Turner Mason & Co
Neil Newman
Andy Lipow
Houston
Tehran
Lipow
Drew Cohen
New York Stock Exchange
Dence
Ford
Ford Motor Co
National Highway Traffic Safety Administration
Dearborn
NHTSA
Nhtsa.gov
Trump’s Media Company
Trump Media and Technology Group
Truth
Trump Media
Donald J. Trump
MicroStrategy
the Market In Review
OTAL
Amrenbala Cptwidgrinca
Fdmillavsa Grfamrca
Incamrca
Invcamrca
Nwprspetra
Wamtinvia
Dodge & Cox Incl
Stkl
Schwab Spsodldx
Vanguard
Canada
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