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Trump has no plan to cut the $39 trillion national debt, but he does want to cut child care. His budget director is scrambling to clarify
“The budget builds upon the historic $1 trillion fiscal year 2026 defense topline by requesting $1.5 trillion for 2027, a 42% increase, as promised by President Trump last year,” Vought told the committee. “The 2027 budget will ensure that the United States continues to maintain the world’s most powerful and capable military as we grapple with an increasingly dangerous world.”“The…
New York governor’s take on a millionaires tax: fancy pied-à-terre second apartments worth over $5 million
Now she is pitching a compromise.“As Governor, I understand the importance of stabilizing the city’s finances without compromising on essential services New Yorkers count on,” Hochul said in a statement. “If you can afford a $5 million second home that sits empty most of the year, you can afford to contribute like every other New Yorker.”The governor’s office said she…
Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket
Warsh will testify before the Senate at a confirmation hearing on April 21. It’s customary for nominated political appointees to submit financial disclosures ahead of Senate confirmation hearings, and the value of their assets is typically given in large ranges. He will also resign his positions at think tanks Group of 30 and the Hoover Institution, as well as his role…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
Market Focus: Bank Earnings and Inflation Trends Highlight Upcoming Week
As Wall Street gears up for the corporate earnings season, investors are eagerly anticipating reports from major financial institutions and a critical assessment of inflation trends in the week ahead.…
