Author: Daniel snow
[ad_1] Shares of Circle Internet Group turned higher as Wall Street applauded the stablecoin issuer’s move to try to establish a national digital-currency trust bank. [ad_2] Source link
[ad_1] Senate staffers rest on the U.S. Capitol steps at sunrise as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | ReutersHow to read this guideFollow along from start to finish, or use the table of contents to jump to the section(s) you want to learn more about.Since 2018, the $10,000 cap on the state and local tax deduction, known as ‘SALT,’ has been a critical issue for certain lawmakers in high-tax states like New York, New Jersey and California.The SALT deduction…
[ad_1] Trade wars causing a hiring freeze. Artificial intelligence taking human jobs away. An immigration crackdown shrinking the pool of available workers. There’s a lot to worry about U.S. jobs market these days. [ad_2] Source link
[ad_1] Halfpoint Images | Moment | Getty ImagesSenate Republicans on Tuesday passed President Donald Trump’s spending package, which includes a bigger child tax credit — but some families won’t see a benefit, policy experts say.Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without changes from Congress. Wider income eligibility limits will also sunset without an extension.If enacted, the Senate bill would permanently raise the top credit to $2,200 starting in 2025. The provision would also index this figure for inflation after 2025.By contrast, the House-approved One Big Beautiful Bill Act would…
[ad_1] Tuesday marks the first day of trading for the second half of 2025. It was a rocky six months for the U.S. stock market and the Club’s 30-name portfolio as investors weighed President Donald Trump’s tariffs, ongoing geopolitical conflict and the Federal Reserve’s next monetary policy decision. The market ebbed and flowed, but ultimately ended the first six months higher. The S & P 500 and the tech-heavy Nasdaq Composite both advanced 5.5%. Meanwhile, the Dow Jones Industrial Average rose 3.6%. Not all of our Club holdings closed out on a high note. Our five worst performers — Salesforce…
[ad_1] Vance’s posts about the reconciliation package reveal the true nature of Trump’s populism. [ad_2] Source link
[ad_1] Wall Street wants to hear about green shoots in demand and capacity tweaks for major U.S. airlines. [ad_2] Source link
[ad_1] Bay Area Rapid Transit (BART) passengers walk off a train at the Richmond station on March 15, 2023 in Richmond, California.Justin Sullivan | Getty ImagesCommuters in and around San Francisco rode into work for free on Tuesday morning due to an outage in the Clipper card system, which is used to handle payments for train, bus and ferry rides.”ATTENTION: The Clipper system is experiencing an outage on all operators this morning,” the Bay Area Clipper account wrote in a post on X. “Please be prepared to pay your fare with another form of payment if required by your transit…
[ad_1] How do I deal with an employee like this who hasn’t technically “done” anything actionable? How do I navigate feeling sorry for someone and hating them (both personally and professionally) at the same time? [ad_2] Source link
[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The stock market is slightly lower on the first day of the second half of the year. Despite heavy volatility in the first six months, the S & P 500 finished up about 5.5% due to an over 10% rally in the second quarter. “That first half [of 2025] was one of the most exciting first halves ever,” Jim Cramer said. “The fact that it made a U-turn and came back is true resilience…