tax bill

The U.S. defense budget just got a historic boost and Goldman Sachs believes a group of arms contractors could be primed for a surge in revenue, growth and market interest as the Pentagon begins deploying its $156.2 billion in fresh funding. Following President Donald Trump's July 4th signing of...

Billionaire hedge fund manager Bill Ackman and rapper Ye are calling for reconciliation between President Donald Trump and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk following their explosive public feud over Trump’s tax bill. What Happened: The Trump-Musk alliance crumbled Thursday after Musk...

As long-dated Treasury yields hover just below 5% and Moody's strips the U.S. of its final AAA credit rating, investor sentiment toward U.S. government bonds has reached some of its most bearish levels in decades. Much of the gloom surrounds concerns over rising fiscal deficits, ballooning interest...

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has sold more shares in the EV maker, new filings revealed Friday. What Happened: Musk sold 639,737 shares in aggregate on Thursday and the transaction netted him about $687.30 million, a Form 4 filed with the SEC on Friday showed. With the...

There’s plenty for Americans on both sides of the political aisle to hate in the new tax law, but investors shouldn’t expect any changes to the new law in 2018. The new rules are here to stay, at least this year, said Height Securities analyst Stefanie Miller. In a new report, Miller...

The latest Republican tax reform bill takes yet another stab at the Affordable Care Act with a proposed repeal of individual mandates, party leadership said Tuesday. The mandates had required Americans to either get health insurance or pay a tax, an alternative that incentivized coverage for an...

Tesla Inc (NASDAQ: TSLA) took a hit last week when House Republicans proposed to eliminate the $7,500 electric vehicle federal tax credit. The Street fears the subsidy’s loss could deter cost-conscious Tesla buyers, and some see the risk compounding the increased cash burn and Model 3...

In an ostensible blow to Tesla Inc (NASDAQ: TSLA), House Republicans introduced a tax bill Thursday that would kill a $7,500 credit for electric vehicles sold after 2017. Some consider the current subsidy a critical driver of EV sales. Georgia’s 2015 elimination of a $5,000 state incentive...