Smith said that the top federal tax rate will Increase to 43.4% for 26 million small businesses if Congress fails to act and allows the Section 199A Small Business Deduction to expire.

U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains - Some economists believe that Trump’s threat of tariffs changed consumer spending at the end of 2024 ...

The European Central Bank (ECB) announced on Thursday it was lowing the benchmark deposit rate to 2.75% as the eurozone economy continues to show weakness. The quarter-point cut was the fifth time the ...

The South African Reserve Bank has cut the repo rate by yet another 25 basis points, bringing it down to 7.5%.

WASHINGTON – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...

Around 90% of auto exports from both Mexico and Canada go to the U.S., according to the Mexican Automotive Manufacturers' Association (AMIA) and the Canadian Vehicle Manufacturers' Association. German ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

FRANKFURT (Reuters) - The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data ...

The US economy strides into 2025 with robust momentum, in contrast to the weaker outlook in other major economies such as ...

Recent upticks in inflation- such as a jump to 2.4% in December, above the ECB's 2% target- have caused some jitters ...

Palantir's stock is detached from reality as it trades at an irrationally exuberant price. Find out why we have recently ...