US House passes tax and spending bill by single vote | Tax News
The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The legislation, which…
The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The legislation, which…
Target has slashed its annual forecasts amid a pullback in discretionary spending due to tariff-driven uncertainty and a backlash against shifts in its diversity, equity…
In one case, a person suffered permanent brain damage because of a delayed transfer, The Guardian newspaper reported.UnitedHealth has allegedly secretly paid nursing homes to…
Disruption from the ‘highly sophisticated and targeted cyber attack’, first reported around Easter weekend, continues.British retailer Marks & Spencer estimates that a cyberattack that stopped it…
UK Prime Minister Keir Starmer has announced a “landmark deal” with the EU that lays the ground for closer collaboration with the bloc. Nearly nine…
Washington, DC – United States President Donald Trump and Secretary of Defense Pete Hegseth have laid out their clearest plan yet for the “Golden Dome”…
Elon Musk has claimed a turnaround in Tesla sales after a slump even as Starlink, the internet service provider that he owns, is growing.Elon Musk…
DEVELOPING STORYDEVELOPING STORY, Sanctions were levied during the rule of Bashar al-Assad, who was toppled in December.European Union countries have given a green light to…
On Sunday, a key congressional committee in the United States approved President Donald Trump’s new tax cut bill, which could pass in the House of…
Sale of genetic testing company raises concerns about privacy of 23andMe’s 15 million customers.Regeneron Pharmaceuticals has bought the genetic testing company 23andMe, a company once…
Despite slowdown, data points to reliance of Chinese economy in the face of Donald Trump’s tariffs.China’s industrial output and retail sales growth have slowed amid…
On May 12, the United States and China announced that they are putting reciprocal tariffs on pause for 90 days. Some tariffs will be retained while…
Poland will hold the first round of voting in its presidential election on Sunday. This is a hotly contested race between two main candidates –…
The proposed merger, which would create the largest cable provider in the US, could face antitrust hurdles.Charter Communications has agreed to buy its rival Cox…
United States House Republicans’ “big, beautiful bill”, a wide-ranging tax and spending legislation, is at a crucial moment. The nearly 400-page legislation proposes sweeping changes…
Saudi and Qatari payments settle Syria’s arrears, allowing World Bank and IMF to re-engage.The World Bank says it will restart operations in Syria following a…
Moody’s cited rising debt, saying US had repeatedly failed to end the trend of large annual fiscal deficits and interest.Moody’s Ratings has stripped the United…
The strike leaves hundreds of thousands of commuters in New Jersey and New York without rail access.New Jersey’s commuter rail engineers are on strike after…
Days earlier, Novo Nordisk cut its sales and profit forecast for first time since the launch of Wegovy four years ago.Wegovy-maker Novo Nordisk has pushed out CEO…
Lisbon, Portugal — Portugal is summoning its citizens to vote in their third general elections in three years on May 18, amid rapid shifts to…