The 2024 election season is well under way. With two very different economic policies from frontrunners President Joe Biden and former President Donald Trump, the outcome is very much on the mind of business leaders around the world. What the video above to see what some of those leaders attending the Wold Economic Forum annual meeting in Davos, Switzerland had to say. See the full interviews below: Stifel Financial CEO Ron Kruszewski (SF): 'Every hard landing starts with a soft landing': Stifel CEO Eurasia Group Founder and President Ian Bremmer: Ian Bremmer on 2024 election, Trump: Yahoo Finance at Davos Bank of America CEO Brian Moynihan (BAC): Business leaders talk 2024 election in Davos It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year.Watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Nicholas Jacobino
The 2024 election season is well under way. With two very different economic policies from frontrunners President Joe Biden and former President Donald Trump, the outcome is very much on the mind of business leaders around the world. What the video above to see what some of those leaders attending the Wold Economic Forum annual meeting in Davos, Switzerland had to say.
It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year.Watch this full episode of Yahoo Finance Live here.
WASHINGTON (Reuters) -The leaders of Congress tax-writing committees on Tuesday announced a nearly $80 billion bipartisan deal to enhance tax breaks for businesses and low-income families through 2025, but prospects for passage are unclear amid bitter fiscal divisions. The $78 billion package, agreed by Senate Finance Committee Chairman Ron Wyden, a Democrat, and House Ways and Means Committee Chair Jason Smith, a Republican, would temporarily expand the child tax credit and boost the low-income housing tax credit. It would restore business tax deductions for 100% of research and development expenses and capital expenditures for plant and equipment.
Disney is hoping a recent decision bolstering a Florida prosecutor's First Amendment case against Gov. Ron DeSantis helps its own free speech lawsuit against the governor. A decision last week by a three-judge panel of the 11th U.S. Circuit Court of Appeals that revived a First Amendment challenge by former prosecutor Andrew Warren, who was suspended by DeSantis, should support Disney's arguments against the governor, the company said Thursday in a court filing.
Donald Trump’s victory in the Iowa caucuses has people thinking about what another Trump presidency might bring. The ex-president got 51% of the vote, far more than any other candidate, gaining 20 of the 1,215 delegates to July’s Republican National Convention he would need to take on Joe Biden for the country’s top job. “We continue to believe Trump will be the GOP nominee,” wrote Isaac Boltansky, director of policy research at the investment banking firm BTIG.
As you make your retirement budget, it's important to keep two issues in mind. First, understand your needs — what budget will you need to pay your bills, and what budget will you want to afford your lifestyle? And second, understand your capacity — what income can your portfolio comfortably and reliably generate for you? […] The post We’re 63, Have $1.5 Million in IRAs and Will Receive $4,500 Monthly From Social Security. What's Our Retirement Budget? appeared first on SmartReads by SmartAsset.
The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying. The Consumer Financial Protection Bureau is expected to propose rules this week that further rein in banks' ability to charge customers a fee when they overdraw their bank account. While banks have drastically cut back on overdraft fees in the past decade, the nation's biggest banks still take in roughly $8 billion in overdraft fees every year, according to data from the CFPB and bank public records.
Former South Carolina Gov. Nikki Haley argued she had momentum going forward after placing third in Iowa’s Republican caucuses Monday night. “When you look at how we're doing in New Hampshire, in South Carolina, and beyond, I can safely say tonight Iowa made this Republican primary a two-person race,” she declared -- meaning her and former President Donald Trump. With most of the results in, Haley had 19% of the vote, while Florida Gov. Ron DeSantis came in second with 21%.
Former US Vice President Al Gore says "I don't think that it's a foregone conclusion" when asked about Donald Trump's chances of securing the Republican nomination. "Something tells me this may be a year of significant surprises. I hope it's the case because I don't want to see him re-nominated and re-elected." Gore spoke on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland.
Foreigners living in China who stuck it out through three years of strict Covid controls have spoken about why they finally decided to leave the country last year despite efforts to reopen to the outside world. Some spoke of an increasing wariness, even hostility, towards foreigners while others said they were worried about a repeat of their lockdown experiences. Their exits come against a backdrop of heightened tensions between China and the West, which some suspect may be influencing everyday