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How Senate Republicans could change House-passed Trump budget bill – CBS News Watch CBS News Senate Republicans will begin rewriting the House budget bill, which contains President Trump’s economic agenda, this week. Former GOP Rep. Kevin Brady of Texas joins “The Takeout” to describe what it was like when that happened to him in 2017. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

Intuit reported strong third-quarter growth, with total revenue of $7.8 billion, an increase of 15%. Within this revenue growth, Intuit’s Credit Karma grew the most, raking in $579 million during the third quarter, a 31% increase, driven by credit cards, personal loans and car insurance. With this growth in mind, Intuit is optimistic about its future prospects and has raised its full year guidance for FY2025 as a result. The company now expects to end the year with $18.760 billion, which would represent a roughly 15% annual growth, higher than the previously expected 12-13% growth. GAAP operating income is expected now…

Private equity firm Roark Capital has bought a majority stake in Dave’s Hot Chicken, the company announced on Monday.Financial terms were not disclosed, but Dave’s CEO Bill Phelps said on CNBC’s “Squawk Box” that the reported $1 billion valuation for the deal is “pretty close.”Since its founding in a Los Angeles parking lot in 2017, the fast-growing chicken chain has expanded to more than 300 locations by franchising its restaurants. Dave’s U.S. sales soared 57% last year and surpassed $600 million, according to data from market research firm Technomic.Roark’s investment follows a boom for chicken-focused restaurants, fueled by the so-called…

Significant changes are in store for President Donald Trump’s signature $3.9 trillion tax-cut bill as the Senate begins closed-door talks this week on legislation that squeaked through the House by a single vote. Senate Republican leaders are aiming to make permanent many of the temporary tax cuts in the House bill, a move that would increase the bill’s more than $2.5 trillion deficit impact. But doing so risks alienating fiscal hawks already at war with party moderates over the bill’s safety-net cuts. It amounts to a game of chess further complicated by the top Senate rules-keeper, who will decide whether some key…