Trump Maintains Advantage over Biden in Key Swing States
Former President Donald Trump continues to hold an advantage over President Joe Biden in the crucial U.S. states that will likely determine the outcome of the 2024 White House race,…
Biden Boosts Solar Stocks on Reports He Will Suspend Tariffs on Solar Panels
(Reuters) Shares of US Solar companies rose on Monday by double digits on reports that President Joe Biden will suspend tariffs on solar panels from four countries. Shares of Sunrun…
President Biden to Nominate Medical Marijuana Proponent Robert Califf to FDA
(Marijuana Moment) US president Joe Biden is expecting to nominate Robert Califf as a new commissioner to the Food and Drug Administration. Califf participated in a research summit on Cannabis…
OPEC+ in a Tug of War With the US After Rejecting Biden’s Plea for More Oil
(Bloomberg) OPEC+ could clash with the US over its decision to stick with a gradual increase in oil output against calls by President Biden for higher production. The US is…
Biden’s Plan to Hike Trump-Era Low Rates Hit a Snag as Democrats Join Dissent
(Bloomberg) US president Joe Biden is facing opposition even from his Democratic allies over ambition to fulfill his campaign promise of raising tax rates. Biden says there are not enough…
Biden Considers Tax Proposal Amendments in Support of Infrastructure Package
President Joe Biden would amend his infrastructure package to get Republican’s support, according to The Washington Post. The new plan proposes raising $1 trillion through tax amends that will not…
U. S Annual Spending Could Rise to $6 Trillion in Biden’s Proposed Budget
President Biden’s proposed budget could raise annual spending to $6 trillion in the coming financial year, according to Bloomberg. The plan could bring in annual shortfalls in excess of $1.3…
Biden’s Tax Hike Faces Opposition from a Coalition of Business Groups
A coalition of 28 industry groups have joined hands to oppose plans to increase taxes by Biden’s administration, according to CNBC. The self-declared “job creators” consortium says hiking taxes will…
Republicans Oppose Tax Raise for Biden’s $2.3 Trillion Infrastructure Plan
Republicans have rejected a move by President Biden to raise taxes to fund a $2.3 trillion infrastructure plan, according to the Wall Street Journal. In a meeting at Capitol Hill,…
ETFs Industry Likely to Benefit from Doubling of Capital Gains in Biden’s Proposal
Investments into the ETF industry is projected to increase in future as wealthy Americans seek to limit their looming capital gains taxes, according to Bloomberg. ETFs are considered to be…
America’s Wealthy Could Pay Tax of Almost 43.4% in Biden’s Next Economic Package
U.S President Joe Biden prepares to almost double capital gains tax rate for the American wealthy to 39.6% in the next economic package, according to Bloomberg. Those earning $1 million…
Amazon’s Bezos Backs Biden’s Infrastructure Plan and Corporate Tax Increases
Amazon founder and CEO Jeff Bezos supports President Joe Biden’s $2 trillion infrastructure plan and corporate tax increases, according to the company’s statement. Bezos says the Congress has supported infrastructure…