Student loan forgiveness is taxable again: How to prepare

Songsak Rohprasit | Moment | Getty Images Student loan borrowers whose debt is canceled in 2026 or later may face a significant tax bill. A law that shielded student loan forgiveness from taxation at the federal level — part of the American Rescue Plan Act of 2021 — expired on Dec. 31, 2025. President Donald Trump’s “big beautiful […]

How to claim money from ‘Trump accounts’ program

Tech CEO Michael Dell and his wife Susan pledged Tuesday to contribute $6.25 billion to so-called Trump accounts, a type of tax-advantaged savings account for children. The commitment will expand access to seed money for eligible children too old to qualify for the $1,000 grants that are set to come from the Department of the Treasury. With the additional funds, […]

Sir Nick Clegg on the intersection of politics and tech

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Nick Clegg, former UK deputy prime minister, former Meta global affairs president and ‘How to Save the Internet’ author, joins ‘Squawk Box’ to discuss the fragmentation of the internet, the biggest risks facing the internet, future of TikTok in the U.S., and […]

How to lower capital gains on home sales as Trump eyes ending the tax

Martin Barraud | Ojo Images | Getty Images As President Donald Trump weighs ending capital gains taxes on home sales to bolster the housing market, experts say it’s possible to lower your bill without legislative changes. When asked about the idea this week in the Oval Office, Trump told reporters, “we’re thinking about that.” Under […]

House Republicans divided over how to pay for Trump’s tax cuts

U.S. House Speaker Mike Johnson (R-LA) listens to remarks during a House Republican leaders press conference at the U.S. Capitol House in Washington, U.S., November 12, 2024.  Nathan Howard | Reuters Republicans who control the U.S. House of Representatives are trying to overcome internal differences on how to pay for President Donald Trump’s sweeping tax […]

How global markets are reacting to the U.S. presidential election

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tim Seymour, Seymour Asset Management chief investment officer, and Gunjan Banerjee, Wall Street Journal lead writer, discuss how the markets are reacting to the U.S. presidential election. Source link

How to position fixed-income portfolios for a Trump or Harris win, according to RBC

Income investors have a lot riding on the outcome of next week’s presidential election, according to RBC Global Asset Management. The Federal Reserve ‘s monetary policy has largely driven the fixed-income market in recent years, rather than which administration is in place, explained Andrzej Skiba, the firm’s head of BlueBay U.S. Fixed Income. This year […]