World News Story Trump Could Cut Corporate Tax Rate Even Further If Reelected

Trump Continues to Slash Corporate Taxes as GOP Pushes to Cut Medicaid and SNAP

The administration has gutted enforcement of a corporate tax enacted as part of the Biden-era Inflation Reducation Act. Read More

Trump’s Quiet Giveaway to His Big Business Cronies

The results from this profit-and-loss shell game are exactly what you’d expect. An ITEP study of the 296 most consistently profitable companies in the S&P 500 and Fortune 500 found that between 2013 ... Read More

How the Trump administration is giving even more tax breaks to the wealthy

With little public scrutiny, the Trump administration is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies and wealthiest investors. Read More

Trump’s Tax Cuts Are Exposing Companies to Biden’s Tax Hike

As Meta tallied the effects of Trump’s “one big, beautiful bill,” the technology giant said it would pay lower cash taxes in the short term. But the company also took a $15.9 billion one-time hit in ... Read More

The affordability crisis is forcing Trump to radically reshape his economic plan on the fly

President Donald Trump swept into office with a bold plan to remake America’s economy. But the realities of a persistent affordability crisis, low favorability ratings and biting election losses for ... Read More

Fed cuts interest rates for 2nd time this year, but rejects large reduction sought by Trump

In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ... Read More

Trump official says inflation is decelerating, and Fed should be able to cut rates further

As he reacted to today's CPI report, Kevin Hassett, a top economic adviser to President Donald Trump, said the administration's view is that inflation is decelerating. This deceleration will "take all ... Read More