As the United States approaches 2025, the financial landscape for investors is overshadowed by tax uncertainties. With President-elect Donald Trump proposing to extend the tax breaks originally enacted in his 2017 Tax Cuts and Jobs Act (TCJA), there is much speculation surrounding potential reforms and fiscal policies. Understanding past actions and current proposals will be
Legal
In a significant turn of events for Boeing, a federal judge has rejected a proposed plea agreement linked to criminal fraud charges arising from the notorious crashes of its 737 Max aircraft. The decision, delivered by U.S. District Judge Reed O’Connor, casts doubt on the adequacy of existing governmental oversight and raises serious questions about
The recent implementation of the Corporate Transparency Act (CTA) introduces significant reporting obligations for small businesses in the United States. This legislation, enacted in 2021, is poised to affect millions by demanding disclosure of information regarding beneficial ownership. While the CTA aims to hinder illicit financing by enhancing transparency, the compliance landscape remains fraught with
Lombard Odier, one of the prestigious private banks in Switzerland, has found itself embroiled in a significant legal quagmire with the indictment by Swiss prosecutors for aggravated money laundering. This development marks a stark turning point for a financial institution with roots tracing back to 1796. The indictment comes from the Office of the Attorney
The impending return of Donald Trump to the presidency has raised significant concerns regarding the future of student debt relief initiatives, particularly those established by the Biden administration. Trump’s vocal opposition to student loan forgiveness and relief is evident, and many experts predict that his administration will not only abandon existing plans but may also
The financial landscape is undergoing a significant transformation, particularly in the realm of family offices, which are private wealth management advisory firms that serve ultra-high-net-worth individuals. As the number of family offices has surged beyond 8,000 in recent years, prestigious universities are stepping in to cater to this burgeoning sector. By launching dedicated programs, these
As Thanksgiving approaches, families across the nation will come together to share meals and gratitude, but there is one topic that often remains untouched—money. While discussions about finances may seem uncomfortable, experts argue that this is an ideal moment to broach the subject, especially with aging parents. Research indicates that a significant portion of Americans,
As President-elect Donald Trump prepares for his reign, the selection of Kevin Hassett to head the National Economic Council (NEC) marks a crucial development in shaping his administration’s economic strategies. This appointment signals an intent to centralize discussions around pivotal economic policies such as trade, taxation, and deregulation—areas where Hassett has substantial experience. Notably, the
In a significant move that has sparked widespread discussion, Walmart, the largest employer in the United States, recently announced the discontinuation of several of its diversity initiatives. This development comes amid a shifting corporate climate marked by increasing pressure from conservative activists and reactions to recent legal changes concerning affirmative action. As more companies reassess
In a bold move ahead of his inauguration, President-elect Donald Trump announced his intention to escalate the trade tension between the United States and China by imposing an additional 10% tariff on all Chinese goods. This proposal, revealed through his social media platform Truth Social, followed his earlier announcement of a 25% tariff on imports