The Senate passed the One Big Beautiful Bill with a simple majority, only because they made the math work for a “budget reconciliation.” WSJ explains. https://t.co/b2wv4JAWo4 ...

The Senate passed President Trump's big beautiful bill 51 to 50 Tuesday with Vice President Vance having to cast the tiebreaking vote using a rule that lets them bypass the normal 60 vote threshold. It's called budget reconciliation which if the bill meets certain conditions allows them to pass on a simple majority. Importantly, the bill can't add to the deficit outside of a 10-year window.If a bill lowers taxes, it has to lower spending the same amount. Trump's tax cuts in 2017 that this big beautiful bill ...

NEW YORK, July 1, 2025 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today issues the following update to its June 17, June 30, and July 1, 2025 statements in connection with proposed tax provisions relating to litigation finance included within the US Senate's draft of the budget reconciliation bill.Based on the Senate Parliamentarian's ruling that those provisions were not eligible for inclusion in the bill, they were removed. The ...

About Burford Capital Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices. For more information, please visit www.burfordcapital.com. NEW ...

Not for the first time this year, Nano Nuclear Energy (NNE -2.71%) stock was going somewhat nuclear over the past few trading sessions.On news that a Senate committee desires changes in President Trump's "Big, Beautiful Bill" that favor the once-struggling industry, interest rose sharply in nuclear stocks. Nano was a direct beneficiary of this; according to data compiled by S&P Global Market Intelligence, its share price had ballooned by nearly 25% week to date as of Friday before market open. Credit where ...

June 6, 2025 04:30 AM GMT US Economics and Public Policy | North America Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of Morgan Stanley Research. Investors should consider Morgan Stanley Research as only a single factor in making their investment decision. For analyst certification and other important disclosures, refer to the Disclosure Se ...

CoreCivic (CXW) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Michael Grant - Managing Director of Investor RelationsDamon Hininger - President & Chief Executive OfficerPatrick Swindle - EVP & COODavid Garfinkle - EVP & CFOJay McCanless - SVP - Equity ResearchBen Briggs - DirectorKirk Ludtke - Managing DirectorJordan Hymowitz - Portfolio Manager Conference Call Participants Joe Gomes - Senior Research AnalystM. Marin - Senior AnalystGreg Gibas - Vice President & Senior Research Analyst ...