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

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

Steve Madden just drastically changed his business to avoid Trump’s tariffs

CNN – President-elect Donald Trump has promised high across-the-board tariffs on imports into the United States, with a particularly significant tax on goods coming from China. An American company, just two days after Trump’s re-election, says it’s wasting no time getting out of China. Steve Madden, a $3 billion shoe company, announced Thursday that it … Read more

What Trump’s win could mean for student loan forgiveness

The US Department of Education’s work to cancel student debt for tens of millions of Americans is likely to come to a halt with the election of Donald Trump, who has called the effort “disgraceful” and “not even legal.” When Trump re-enters the White House in January, he will likely direct his administration officials to … Read more

How Elon Musk’s $130 million investment in Trump’s victory could reap a big payoff for Tesla and the rest of his business empire

Donald Trump’s speech to the country on election night confirmed that one of the biggest winners of the evening, besides himself, was Elon Musk. Trump spent much of his scattered victory speech thanking Musk, who has recently poured more than $130 million and a lot of time and tweets into the conservative political cause. In … Read more