The Latest Breaking News from Tax Cuts

The chancellor’s budget may have a small effect on UK interest rates. But US tax cuts and tariffs could have international repercussions

The economy was one of their top issues as voters went to the polls this year. So what does Donald Trump’s return to the White House – as well as Republican gains in Congress – mean for the U.S. economy?

There is a strong chance of the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest ratesBusiness live – latest updates

But his other economic proposals could offset the savings.

Former Treasury Secretary Mnuchin discusses Trump's approach to tariffs and tax cuts.

The president-elect's campaign promises of tariffs and tax cuts are expected to drive up the debt and stoke inflation

Thursday's Federal Reserve meeting will bring another rate cut, but Donald Trump's election altered the outlook for further cuts. The S&P 500 and Treasury yields are jumping.

Australians are still watching their pennies even as consumers report more confidence in the future state of their finances.

Whatever the outcome of the presidential race, the S&P 500 and economy may get a short-term boost. But that lift may not last long.

Kamala Harris and Donald Trump are promising big initiatives if elected: tax cuts (and hikes), lots of giveaways, and major pieces of legislation bearing on issues such as abortion, healthcare, the environment and foreign military assistance. Regardless of who wins the presidency, the one thing all these items have in…

Former President Trump and VP Harris present contrasting economic plans focusing on affordability and growth. Harris' agenda endorsed by Nobel laureates, e...