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Trump signs sweeping domestic policy “big, beautiful bill” into law | Special Report – CBS News Watch CBS News President Trump signed his massive spending and tax bill into law on Friday at an Independence Day ceremony at the White House. Jericka Duncan anchors this CBS News Special Report. Source link

GOP Rep. Dusty Johnson claims economy will see “increasing growth” from Trump budget bill – CBS News Watch CBS News Republicans and Democrats in the House are painting two very different pictures of the newly-passed Trump budget bill. Republican Rep. Dusty Johnson of South Dakota joins “The Takeout” with his perspective. Source link

President Donald Trump just gave Vietnam a trade break — and used it to squeeze China.On Wednesday, Trump announced a trade deal with Hanoi that would levy 20% on imports from Vietnam, down from the 46% rate Trump announced on “Liberation Day.” In return, Vietnam has agreed to allow American goods to enter the country duty-free.What’s also significant is that Trump announced a 40% tariff on goods shipped from another country via Vietnam to the US — a move that analysts say is aimed squarely at transshipments from China.”The ‘China quotient’ in US negotiations with other Asian economies is arguably…

President Donald Trump’s signature tax legislation is poised to benefit companies offering private student loans, including SoFi Technologies Inc., with the bill limiting how much students and their parents can borrow for college from the government.Federal student loans have long been preferred because of their consistency in terms and conditions, which are established by the U.S. government. But college students without deep pockets, especially those in graduate programs, may have to turn to private lenders if the proposed legislation becomes law. SoFi is one of the best-known purveyors of student loans and could see a jump in demand, Wall Street…

Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.”I know a lot of my CPA peers think I’m crazy to be working with dentists,” he said. “I really enjoy working with them. Once we found out we enjoyed working with them, we started figuring out what they really wanted. We found out they were very competitive, so they wanted to compare to their peers. They wanted more proactive tax planning, and they also wanted quarterly meetings.” Bassim Michael He finds they are more open to meetings with…

Will Trump’s tax cut promises lead to economic growth? – CBS News Watch CBS News House Republicans are struggling to reach a consensus on President Trump’s budget bill. The legislation passed the Senate on Tuesday, but some Republican holdouts in the House aren’t happy with the changes made in the upper chamber. CBS News congressional correspondent Nikole Killion reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

Joe Biden told a group of human-resources professionals Wednesday that the president of the U.S. is in a sense the nation’s chief people officer before passing on leadership lessons he gleaned throughout his decades-long career in Washington.Speaking in San Diego to members of the Society for Human Resource Management at the trade group’s annual conference, the former commander-in-chief emphasized the importance for leaders to treat all employees with respect.’Leadership is all about getting personal'”A job is about a lot more than a paycheck. It’s about your dignity,” Biden said, referring to a lesson he received early in life from his…

Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesConstellation Brands’ beer sales fell 2% in its latest quarter as President Donald Trump’s deportations and consumers’ broader economic fears weighed on demand.In April, Constellation CEO Bill Newlands said that Hispanic consumers are spending less due to their concerns about Trump’s hard-line immigration policy and possible job losses in industries with high Latino employment bases. During Wednesday’s earnings conference call, Newlands acknowledged that raids by U.S. Immigration and Customs Enforcement were making it difficult to…

The worlds of media and politics are buzzing about Paramount’s settlement with President Donald Trump.Media giant Paramount said late Tuesday that it had agreed to pay $16 million to settle a lawsuit brought by Trump over a “60 Minutes” segment that aired last fall.The lawsuit alleged the CBS News show had selectively edited an interview with Trump rival Kamala Harris. The proposed settlement, which did not include an apology from Paramount, will be allocated to Trump’s future presidential library, the company said.Paramount is awaiting government approval of its planned merger with David Ellison’s Skydance Media. The company said the settlement…

Republican Rep. Marlin Stutzman calling for more time to review Trump budget bill changes – CBS News Watch CBS News President Trump’s economic bill has stalled in the House as Republican leaders work to win over holdouts. Republican Rep. Marlin Stutzman of Indiana, who is pushing to delay a vote, joins “The Takeout” to discuss. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link