Quebec’s finance minister revised the province’s deficit and borrowing downward, and will introduce tax breaks for workers and certain industries affected by US tariffs https://t.co/I92KjlWahy ...

Tada Images / Shutterstock.com On November 13, the Internal Revenue Service (IRS) announced some sweeping changes to contribution limits for 401(k) savers who may be part of the investor cohort who are willing and able to maximize these retirement accounts. Quick Read The IRS raised 401(k) contribution limits to $24,500 for 2026, up $1,000 from 2025. Workers aged 50 and older can now contribute up to $32,500 total with the new $8,000 catch-up limit. If you’re thinking about retiring or know someone ...

The Trump administration is making big moves to help big business and at the same time they are pulling back on some key things that help everyday Americans. Tonight, the president hosted a dinner for some top Wall Street executives. According to reports, the list includes Jaime Diamond of JP Morgan and two of the biggest names in the private equity industry, Steve Schwarzman and Mark Rowan.This comes after we found out that the IRS and Treasury Department are giving tax breaks to some of these big companie ...

The party aiming to oust Hungarian Prime Minister Viktor Orban at next year’s election plans to roll back lavish tax breaks for foreign companies as part of an economic overhaul https://t.co/p3uYzCksOT ...

Public Sentiment & Political Impact - Public backlash against perceived tone-deaf actions by Donald Trump and his aides, including lavish parties and use of government benefits, is breaking through to regular citizens [1][2][3] - The contrast between Trump's opulent lifestyle and the struggles of everyday Americans is being likened to a "Great Gatsby" scenario, resonating with public concerns about wealth inequality [1][2] Policy & Economic Implications - Republican policies, particularly during the Trump administration, are characterized as benefiting the wealthy through measures like tax breaks for billionaire donors [5][6] - These policies are linked to cuts in social programs such as Medicaid and SNAP (Supplemental Nutrition Assistance Program), with SNAP cut by $186 billion, impacting vulnerable populations [4][5] - The administration is accused of prioritizing the lifestyles of the rich while harming working-class and middle-class Americans [6]

Joining us now is Democratic Congressman Jason Crowe of Colorado. He's on the Armed Services Committee. Great to have you here.Although crickets on Capitol Hill today, right, both the House and the Senate are out of session, so presumably no negotiating, no votes happening, what message is that sending to families trying to put food on the table. Well, because Donald Trump and the House Republicans have decided to shut down Congress, and Donald Trump just spent the last week overseas, you know, eating brown ...

Namdi Guan Woo, Kevin Fry, Lisa Rubin. Thank you all for your reporting. And joining us now is Democratic Congressman Robert Garcia of California.He's the ranking member on the oversight committee. Congressman, good to have you here. Your state is among the 25 that are suing the Trump administration now over this potential SNAP benefit suspension.Just how much do your constituents rely on these benefits. And what are you hoping comes out of today's hearing. >> It's incredibly important.I mean, let's be real ...

Policy & Finance - US tax breaks provide billions of dollars to fossil-fuel companies for overseas oil and gas pumping [1] - This practice is considered self-destructive [1]

Policy Change - Uruguay will significantly increase the payment required from wealthy foreigners for tax breaks in the coming year [1] - This change impacts thousands of investors who were previously attracted by these tax incentives [1]

Overview - India's GIFT City is attracting global banks with tax incentives and modern infrastructure [1] - The vision of GIFT City as a "15-minute city" is still a work in progress [1]