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GOP talks on millionaire tax hike come from party’s populist streak, strategists say

An aversion to tax increases has long been one of the Republican Party’s core pillars, but tradition was upended in recent weeks…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

RTX, GE Aerospace expect more than $1 billion tariff impact

RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher…
Investing

’60 Minutes’ producer leaves show, citing a loss of journalistic independence

The top producer at CBS’ “60 Minutes” announced Tuesday he would step down from the newsmagazine because he had lost his journalistic…
Latest News

Trump House GOP ally on board with tax hike for ultrawealthy to fund ‘big, beautiful bill’

Rep. Dan Meuser, a Pennsylvania Republican, is supporting the White House’s proposed tax hike for people making more than $1 million.  ‘I…
Latest News

Voice of America restored by judge after Trump dismantled taxpayer-funded outlet in March

A federal judge ordered the restoration of Voice of America (VoA) on Tuesday, the federally-funded state media network that the White House…
Latest News

Vance issues ultimatum to Russia, Ukraine on peace negotiations

Vice President JD Vance told reporters in India that the U.S. had offered Russia and Ukraine ‘a very explicit proposal’ to end…
Latest News

Trump insists Ukraine-Russia peace deal is close, but mistrust in Putin leaves experts skeptical

President Donald Trump this week said he is ‘very’ optimistic that Ukraine and Russia will enter into some sort of deal in…
Latest News

EPA fires or reassigns hundreds working on ‘environmental justice’

President Donald Trump’s administration is firing or reassigning over 450 employees at the Environmental Protection Agency as part of a larger push…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
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