Thursday, May 8, 2025, 6:20 pm
President Trump is urging GOP lawmakers to raise income taxes on the wealthiest Americans to support his sweeping economic proposals. The call has sparked debate over wealth redistribution, as critics and supporters trade barbed commentary on the “sequel” to traditional fiscal policies.
Donald Trump proposes to raise income taxes on wealthy Americans Financial Times
Trump Urges GOP To Raise Taxes On The Wealthy To Fund Economic Agenda: Report President Donald Trump is urging Republican lawmakers to raise taxes on some of the wealthiest Americans as part of his sweeping new economic package - a move that US Commerce Secretary Howard Lutnick says…
permalink / 2 stories from sources in 14 hours ago #government #finance #trump #economy
In a dramatic turn during Meta’s antitrust trial, an Instagram executive revealed that the popular Threads app was initially conceived as an integrated feature within Instagram. This courtroom testimony highlights Meta’s complex strategy amid mounting scrutiny over its market practices and reinforces the heated debate around tech monopolies. More...
Meta has set its sights on monetizing Threads by testing video ad integrations, making the app mirror more mainstream competitors in a not-so-subtle bid for extra ad revenue. The experiment is stirring buzz among users and creators as they brace for a new wave of digital interruptions. More...
Meta rolls out significant updates on its Threads platform as the social network debuts both a new dashboard to clarify account restrictions with added transparency and fresh feature enhancements, including video ad integration. These changes aim to improve user understanding of enforcement measures while strengthening Threads’ competitive edge in the evolving digital arena. More...
Former Celsius founder Alex Mashinsky, after pleading guilty to fraud charges, has been sentenced to 12 years in federal prison. This stark ruling sends a clear message in the crypto realm—no matter how revolutionary one claims to be, fraud will be met with a hefty price. More...
In its quarterly earnings report, Coinbase delivered a disappointing performance marked by a 19% drop in transaction revenue and missed expectations. Investors are left scratching their heads at the company’s strategy as market watchers note the revenue dip, adding a hint of irony to the crypto exchange’s growth narrative. More...
Senate Ends Free Wi‑Fi Funding for Schools and Libraries (17 hours ago)
US-UK Trade Deal Finalized Amid Last-Minute Negotiations (18 hours ago)
Spain Blackout Triggers Global Warnings Over Grid Vulnerabilities (26 hours ago)
Coinbase Q1 Earnings Show Revenue Slip Amid Investor Disquiet (12 hours ago)
Gates Foundation Announces 2045 Closure with Massive Pledge (19 hours ago)
Coinbase’s $2.9B Deribit Acquisition Rocks Crypto Derivatives (19 hours ago)
Trump's anticipated UK trade deal spurs sterling and Aussie jumps (31 hours ago)
Trump administration set to ease chip export restrictions (40 hours ago)
Supreme Court clears way for Trump admin trans military ban (2 days ago)
US-UK Trade Deal Finalized Amid Last-Minute Negotiations (18 hours ago)
Gates Foundation Announces 2045 Closure with Massive Pledge (19 hours ago)
Fed Chair Powell’s live briefing on rate policy (42 hours ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.