Author: Daniel snow
WASHINGTON — Republicans in the U.S. House of Representatives came together early Thursday to pass President Donald Trump’s “big, beautiful” tax bill out of the chamber on a narrow vote.Every Democrat on the floor voted no, as did Republican Reps. Warren Davidson of Ohio and Thomas Massie of Kentucky. Rep. Andy Harris, R-Md., who chairs the conservative House Freedom Caucus, voted present. The final vote tally was 215-214.The passage was a major victory for Republican leaders, who spent the past two months crafting the bill and the past two days making last-minute changes to it. The more than 1,000 pages of…
Mortgage rates inched higher over the last week, delivering yet another blow to a lackluster spring housing market. Source link
U.S. Speaker of the House Mike Johnson (R-LA) speaks to the media after the House narrowly passed a bill forwarding President Donald Trump’s agenda at the U.S. Capitol on May 22, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesHouse Republicans on Thursday advanced a multi-trillion-dollar tax and spending package that could have sweeping impacts on household finances.If enacted, the legislation — called the “One Big Beautiful Bill Act” — could make permanent President Donald Trump’s 2017 tax cuts, while adding new provisions that could significantly overhaul student borrowing, health savings accounts and car ownership, among other changes.With control of…
This class clown built an Inc. 5000 company. Source link
Matt Burdett of Thornburg Investment Management outlines his team’s stock-selection methodology, which has beaten international indexes’ good performance this year. Source link
Snowflake Inc. signage on the floor of the New York Stock Exchange in New York, US, on Jan. 2, 2025.Michael Nagle | Bloomberg | Getty ImagesSnowflake shares jumped 12% on Thursday, climbing to their highest level since early last year after the data analytics company reported better-than-expected quarterly results.Revenue in the fiscal first quarter of 2026 jumped 26% to $1.04 billion from $828.7 million a year earlier, and topped the $1.01 billion average LSEG estimate. It’s the first time the company, which went public in 2020, has recorded more than $1 billion in sales in a quarter.Adjusted earnings per share…
Prices increased by the largest amount since August 2022, suggesting that consumer price hikes are next. Source link
The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025.Thomas Simonetti | Bloomberg | Getty ImagesORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop.For years, Universal’s Florida-based resort has played second fiddle to rival Disney. While it boasted three theme parks — Universal Studios Florida, Universal Islands of Adventure and water park Volcano Bay — and a handful of hotels, it wasn’t viewed as a destination.”This fourth gate changes everything,” said Karen Irwin, president…
Our modern conveniences are exhaustingly inconvenient. Source link
A soaring 30-year Treasury yield is grabbing the lion’s share of attention right now when it comes to signaling how the U.S. fiscal outlook is rattling investors. Yet there’s another less-talked-about factor weighing on sentiment that is coming from overseas: the tumultuous rise in the bond yields of Japan. Source link