The Latest Breaking News from Tax Cuts

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.

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...

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

What is the opposite of a mini-Budget? A maxi-Budget? Whatever it is, that is what the chancellor is preparing to deliver next Wednesday. But the biggest difference between Rachel Reeves and Kwasi Kwarteng is not substance per se. Indeed, Reeves also intends to borrow more in order to boost growth,…

Sales of plug-in hybrid vehicles are accelerating in Australia as a tax deadline approaches, but some automotive groups say an extension is needed.

Economists say that tariffs and tax cuts make Trump’s plan weaker than Harris’s.