President Financial News

On this Tax Day, refunds are looking a bit bigger for taxpayers

President Joe Biden will begin three straight days of campaigning in Pennsylvania in his childhood hometown of Scranton

Boeing is defending the integrity of the fuselages on two of its largest planes

German Chancellor Olaf Scholz has called for fair competition in trade relations with China while warning about dumping and overproduction while speaking to students in Shanghai on Monday

Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy

Saudi Arabia’s foreign minister is leading a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises

Nissan says it expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029

WASHINGTON—President Biden’s announcement last week that his administration would seek to forgive billions of dollars’ worth of federal student loans was cheered by progressives, the latest in a string of actions he has taken to shore up support from the left—annoying the center in the process. That has some Democrats worrying he is making a big mistake.

Microsoft Corp. will invest $1.5 billion in a technology company backed by the United Arab Emirates, a deal that includes an intergovernmental pact to ensure artificial intelligence security as the U.S. and China increasingly compete for influence in the Gulf.

BJP and BRS in Telangana have claimed that the announcement of Rs two lakh farm loan waiver by Chief Minister A Revanth Reddy is a result of their agitations demanding it and sought to know when the other promises of ruling Congress government would be fulfilled. Taking on the Congress government, BJP Rajya Sabha member K Laxman on Tuesday asked why should people vote for Congress in the Lok Sabha elections when promises like investment support of Rs 15,000 to farmers and financial assistance of Rs 12,000 to agriculture workers have not been implemented. Addressing reporters here, Laxman also took exception to Revanth Reddy's charge that there was a clandestine understanding between BJP and BRS. BRS MLA T Harish Rao claimed that the CM made the announcement to waive farmers' loans before August 15 only with an eye on the Lok Sabha polls.

Lok Sabha Elections 2024: BJP's ‘Sankalp Patra’ Vs Congress's ‘Nyay Patra’ explained in 10 key points He said, “No matter what happens in these elections, no matter who will be winning this election, I think we will see more of India on the international stage. The G20 Presidency gave us a little taste of that. India claims a seat at the big table, and we, Germans and Europeans, think rightfully so.

Cold War II: The world needs to minimize hot eruptions in West Asia Sullivan was to travel to India earlier this year in February but because of the global crisis in Ukraine and West Asia, the annual review meeting on iCET was rescheduled. "Due to ongoing events in the Middle East, NSA Sullivan has postponed his trip to India this week," a US embassy spokesperson said.

Joe Biden help the Iranian regime by ignoring its nefarious activities like bankrolling Hamas and expanding its nuclear capabilities? After Tehran backed Houthi rebels and now attacked US ally Israel, this question has surfaced. Biden has also been accused of refusing to enforce sanctions imposed years ago. Tehran increased its oil exports, its most significant revenue source after Biden came to office four years back. Now, as the 2024 US Presidential Election is coming close and the campaign is picking up, the president will have to answer these allegations.

San Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and labor market strong, and inflation still above the Fed's 2% target. «The worst thing to do is act urgently when urgency is not required,» Daly said at the Stanford Institute for Economic Policy Research. Daly is one of 19 U.S. central bankers who set U.S. monetary policy.

Donald Trump began his day as a criminal defendant lashing out at the judge and prosecutors, casting himself as a victim and angrily posting on social media. In other words: a familiar routine.

Volodymyr Zelensky urged allies on Monday to show the same «unity» towards Ukraine as Israel, which said it repelled an Iranian attack over the weekend with Western support. Ukraine has in recent months grown increasingly frustrated at delays in Western aid, including air defences it says are urgently needed to repel deadly Russian attacks.

stock price for Donald Trump's social media company slid again Monday, pushing it more than 66% below its peak set late last month. Trump Media & Technology Group closed down 18.4% at $26.61 as more of the euphoria that surrounded the stock fades. It's a sharp comedown since nearing $80 after the owner of Truth Social merged with a shell company to get its stock trading on the Nasdaq under the symbol «DJT,» for Trump's initials.

Apple on Friday denied violating a court order governing its App Store and urged a California federal judge to reject a request by «Fortnite» developer Epic Games to hold it in contempt. Apple made the arguments in a filing to U.S. District Judge Yvonne Gonzalez Rogers in Oakland, who presided over Epic's lawsuit in 2020 accusing Apple of violating antitrust law with its tight controls over how consumers download apps and pay for transactions within them.

₹1.64 trillion for fertilizer subsidies, 13% lower than the revised estimates for FY24. Sitharaman had also estimated 5% higher excise duty collection from the petroleum sector in FY25 at ₹3.18 trillion. During the fiscal year, Centre’s excise duty receipts had declined by 4.8% annually to ₹3.04 trillion.

New York state prosecutors accuse him of falsifying records to cover up a $130,000 payment in the waning days of the 2016 presidential campaign to buy the silence of porn star Stormy Daniels about a 2006 sexual encounter she has said they had. Trump has denied any such relationship.

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