interest

Here’s how business leaders and other interest groups are reacting to Trump’s victory

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Former President Donald Trump, now re-elected for a second term, has vowed to implement it business friendly policiesincluding sharp corporate tax cuts, higher tariffs and rapid deregulation. He says he will Corporate tax cut by 6%from 21%, to 15%, leading to a greater benefit for companies. Such a significant cut would mark the sixth largest … Read more

The Fed cuts interest rates by a quarter point

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Jerome Powell speaks after Federal Reserve announces interest rate decision The Federal Reserve announced its second straight interest rate cut on Thursday, cutting the key rate by 25 basis points, amid economic data showing signs that inflation and the labor market are cooling. With the 25 basis point cut, the benchmark federal funds rate will … Read more