President Donald Trump’s key legislation, often referred to as the “big beautiful bill,” has encountered significant pushback from Democrats and some Republicans alike. This has led to intense discussions concerning its fiscal implications and potential cuts to various US welfare programs. Notably, Elon Musk has chimed in, reiterating his threats to launch a new political...
Canada has decided to withdraw its digital services tax, a measure aimed at taxing online companies, the government announced on Sunday. This move is intended to restart trade negotiations with the United States. On Friday, US President Donald Trump canceled trade discussions between the two nations, citing the tax as “a direct and blatant attack...
Federal Reserve Governor Michelle Bowman said Monday she would favor an interest rate cut at the next policy meeting in July so long as inflation pressures stay muted. In remarks for a speech in Prague, Bowman became the second central banker in recent days to suggest that President Donald Trump’s tariffs are likely to have a...