Tags: Donald Trump
IRS Could Lose $20B and Face $140B National Deficit in Enforcement Funds Under Trump Administration's Cuts
The IRS faces a potential $20 billion funding loss due to complex legislative issues, which could hinder audits, tax collection, and increase the national deficit by $140 billion.
Trump Announces Additional 10% Tariff on Chinese Imports and 25% on Mexican, Canadian Products
Trump plans a 10% tariff on Chinese goods and a 25% tariff on Mexico and Canada, citing illegal drug trade concerns, risking a trade war and impacting global markets.
Trump Pushes for Faster Oil Drilling on Federal Lands, Affecting US Energy Production and Climate Goals
Trump's proposed energy plan seeks to boost US drilling, expand gas exports, and roll back climate policies, raising concerns about environmental and regulatory impacts.
Bitcoin Gains 130% in 2024 Alone as It Surges Past $98K, Nearing $100K Mark Soon
Bitcoin nears $100,000 as investors embrace optimism under Trump's presidency, driving record-breaking growth and renewed cryptocurrency interest.
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Trump's win leads to gold price decline, pushing it to nearly two-month lows amid a stronger dollar and investor shift to equities and cryptocurrencies.
Trump's economic policies could push mortgage rates to 6.79%, making homeownership less affordable for many.
Dogecoin surged 20% after Trump announced a new "Department of Government Efficiency," led by Elon Musk.
Bitcoin surged to a record $82,000 as Trump's pro-crypto stance fueled investor confidence in a favorable regulatory environment.
Trump's proposed 25% tariff on Mexico could raise supply costs for major companies like Unilever and P&G, impacting U.S. consumers' prices.
Trump's re-election boosted the US dollar, causing oil prices to drop as demand weakened globally, with analysts warning that higher tariffs could pressure the oil market.
Donald Trump's second term spurs market optimism but may drive inflation, impacting US consumers and global trade, according to Economists.
Global investors are anxious ahead of the US 2024 election, anticipating market volatility based on the outcomes of contrasting policies from Trump and Harris.
Banks are increasingly favoring Trump's return, expecting looser regulations and boosted profits through Wall Street deals.
Donald Trump's company suffered a 15% share decline following last night's presidential debate, just after betting odds for Kamala Harris increased.