House GOP tax bill calls for $30,000 ‘SALT’ deduction cap

House GOP tax bill calls for ,000 ‘SALT’ deduction cap

The Home GOP tax invoice, a part of President Donald Trump’s broader tax and spending bundle, proposes elevating the State and Native Tax (SALT) deduction cap from $10,000 to $30,000 for taxpayers with a modified adjusted gross revenue of $400,000 or much less. This variation, outlined in preliminary textual content launched by the Home Methods … Read more

Trump gifted Qatar super plane as Air Force One

Trump gifted Qatar super plane as Air Force One

Trump to Settle for Luxurious Qatari Jet as Air Pressure One, Elevating Moral Considerations Might 12, 2025By The Political Pulse President Donald Trump is ready to just accept an unprecedented present from Qatar’s royal household: a $400 million Boeing 747-8 jumbo jet, dubbed a “flying palace,” to function Air Pressure One throughout his second time … Read more

Trump official says 10% tariffs will stick around

Trump official says 10% tariffs will stick around

Trump Official Confirms 10% Baseline Tariffs to Persist, Echoing World Requires Stability Might 11, 2025 — Howard Lutnick, U.S. Secretary of Commerce, affirmed on CNN’s State of the Union with Dana Bash that President Donald Trump’s 10% baseline tariff on imports from practically all buying and selling companions will stay “in place for the foreseeable … Read more

Trump’s Trade War Strains Tech Industry’s Advertising Sales in 2025

Trump’s Trade War Strains Tech Industry’s Advertising Sales in 2025

San Francisco, CA – Might 10, 2025 The tech {industry}’s strong internet marketing gross sales, a cornerstone of firms like Meta, Alphabet, and Amazon, are exhibiting indicators of pressure because of President Donald Trump’s commerce battle, notably his sweeping tariffs launched in April 2025. Regardless of sturdy first-quarter earnings reported by these tech giants, warnings … Read more

Rippling valued at $16.8 billion in $450 million funding round

Rippling valued at .8 billion in 0 million funding round

Rippling Valued at $16.8 Billion After $450 Million Collection G Funding Spherical San Francisco, CA – Could 9, 2025 Rippling, a San Francisco-based HR tech startup, has raised $450 million in a Collection G funding spherical, valuing the corporate at $16.8 billion, a big bounce from its $13.5 billion valuation in April 2024. The corporate … Read more

Tax hike on rich OK, but GOP probably shouldn’t do it

Tax hike on rich OK, but GOP probably shouldn’t do it

The sentiment {that a} tax hike on the rich is perhaps acceptable however that the Republican Get together “in all probability should not do it” aligns with latest discussions inside the GOP, as mirrored in varied experiences. Here is a concise overview primarily based on present info: President Donald Trump lately expressed a nuanced stance … Read more

Shopify (SHOP) Reports Q1 2025 Earnings: Revenue Growth Accelerates Amid Strong Merchant Adoption

Shopify (SHOP) Reports Q1 2025 Earnings: Revenue Growth Accelerates Amid Strong Merchant Adoption

May 7, 2025 Shopify Inc. (NYSE: SHOP) delivered better-than-expected financial results for the first quarter of 2025, driven by strong growth in gross merchandise volume (GMV) and increased adoption of its enterprise solutions. The e-commerce platform reported earnings and revenue that surpassed analyst estimates, sending shares up nearly 5% in pre-market trading. Key Q1 2025 … Read more

Trump pulls surgeon general nominee Janette Nesheiwat

Trump pulls surgeon general nominee Janette Nesheiwat

Trump Withdraws Surgeon Common Nominee Janette Nesheiwat, Nominates Casey Means Washington, D.C. – Could 8, 2025 – President Donald Trump introduced on Could 7, 2025, that he’s withdrawing his nomination of Dr. Janette Nesheiwat as U.S. Surgeon Common, simply at some point earlier than her scheduled Senate affirmation listening to. In a Reality Social submit, … Read more

Fed rate decision May 2025: Fed holds rates steady

Fed rate decision May 2025: Fed holds rates steady

Federal Reserve Holds Curiosity Charges Regular at 4.25%–4.5% Amid Tariff Uncertainty Washington, D.C., Might 7, 2025 – The Federal Reserve introduced on Might 7, 2025, that it might preserve its benchmark federal funds price within the vary of 4.25% to 4.5%, marking the third consecutive assembly with no change. The choice, broadly anticipated by markets … Read more

Trump signs order to boost U.S. drug manufacturing

Trump signs order to boost U.S. drug manufacturing

Government Order Signed: President Trump signed an order on Could 5, 2025, to encourage U.S. drug manufacturing. Key Actions: Streamlines FDA approvals for home vegetation and will increase scrutiny on overseas producers. Context: A part of a technique to cut back reliance on overseas medication, with deliberate tariffs elevating issues. Controversy: Consultants warn of potential … Read more