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2 mins read

US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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2 mins read

GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

ANI   


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2 mins read

What can you expect from the US Fed meeting later this week? Here's all you need to know

The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…

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2 mins read

Mark Cuban says Trump seems to have 'a new tax cut or tariff' for every city he visits

Cuban had earlier called Trump's call for 200% tariffs on John Deere "insane" and a "good way to de…

Kwan Wei Kevin Tan   


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3 mins read

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…

Allie Kelly,Ayelet Sheffey   


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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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2 mins read

FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience

With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…

PTI   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…

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2 mins read

Stock market today: Stocks extend post-election rally as the Fed cuts interest rates

The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 b…

Kelly Cloonan   


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2 mins read

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

William Edwards   


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3 mins read

Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'

Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

Katherine Tangalakis-Lippert   


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2 mins read

Donald Trump reportedly wants to raise tariffs to pay for tax cuts

Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…

Filip De Mott   


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3 mins read

How rich Americans can save on taxes by giving stock and real estate to their parents

The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…

Hayley Cuccinello   


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2 mins read

In rambling, hours-long speech, Trump introduces new car loan tax proposal

Trump was slated to announce a new economic proposal in Detroit. It took him quite a bit of time to…

Bryan Metzger   


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2 mins read

Americans living overseas face being taxed twice. Donald Trump wants to change that.

Donald Trump takes aim at the "double taxation" policy for Americans living overseas, which was int…

Theron Mohamed   


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3 mins read

I saved $1,000 a month when I cut alcohol. The emotional and physical tax was just as expensive.

Katie Butler saves $1,000 a month from sobriety. She now has money to put in monthly savings, for t…

Tess Martinelli   


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2 mins read

CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated

Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…

PTI   


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1 min read

Donald Trump is dangling tax cuts and less red tape to win over top CEOs

Apple's Tim Cook and JPMorgan boss Jamie Dimon were both seen at a DC event where Donald Trump spok…

George Glover   


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3 mins read

India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…