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The House Republican bill to enact President Trump’s domestic policy agenda contains a provision that has prompted opposition from the Mexican government — a tax on cash payments sent by non-U.S. citizens to family members in their home countries.The payments, known as remittances, would be subject to a 5% excise tax that would encompass more than 40 million people, including green card holders and nonimmigrant visa holders, such as people on H-1B, H-2A and H-2B visas. U.S. citizens would be exempt. In a May 13 letter to the leaders of the House Ways and Means Committee, Esteban Moctezuma Barragán, Mexico’s ambassador…

The OneStream logo is displayed on a mobile phone in an arranged photoTiffany Hagler-Geard/Bloomberg Corporate accounting solutions provider OneStream announced the release of SensibleAI Agents, SensibleAI Studio and SensibleAI Account Reconciliations and the most advanced SensibleAI Forecast. SensibleAI Agents are AI-powered chat assistants that retrieve data, do deep analysis, visualize data and execute tasks. Embedded directly into the platform, SensibleAI Agents can be operated within OneStream workflows, data models, and security frameworks. They include a Finance Analyst Agent, which allows users to query financial data using natural language and receive real-time analysis, dashboards, and visualizations based on OneStream’s financially intelligent engine;…

A 2025 Ford Expedition with bronze trim on April 30, 2025 at the automaker’s Kentucky Truck Plant.Michael Wayland | CNBCLOUISVILLE, Ky. — A white 2025 Ford Expedition SUV with bronze exterior trim rolls off the assembly line at Ford Motor’s Kentucky Truck Plant. It was assembled — from its frame to completion — by American workers at the factory. But it’s far from being completely “Made in the USA.”A majority of its main parts — at least 58% as stated on a window sticker — were made outside of the country, including 22% from Mexico. That includes its Ford-engineered, 3.5-liter…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. High earners would get a series of tax cuts in the latest House reconciliation plans , yet many could also be subject to a little-noticed tax hike that could limit their charitable giving and other deductions, according to experts. The language the House Ways and Means Committee released this week extends the 2017 tax cuts for high earners, including the lower top rate of 37%. The…

Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an enterprise basis – comprised of $21.9 billion of equity and $12.6 billion of net debt and other obligations – in line with Charter’s recent enterprise value based on 2025 estimated adjusted earnings before interest, taxes, depreciation and amortization multiple, according to a Friday news release. Shares of Charter — the second-largest publicly traded cable company…