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US House tax committee unveils partial tax plan to achieve Trump agenda
The 28-page proposal by the House Ways and Means Committee would increase the child tax credit from $1,000 to $2,500 through 2028 and to $2,000 after, and adds a requirement for recipients to have a Social Security number and reduces some taxes for multinational companies and unincorporated businesses.But it …. Read More >>

China’s factory-gate deflation deepens as trade war bites
A prolonged housing market downturn, high household debt and job insecurity have hampered investment and consumer spending, keeping deflationary pressures alive. Now, the economy is also facing increasing external risks from trade barriers. However, there are hopes for a de-escalation of tensions as U.S.-Chin …. Read More >>

FEATURED ARTICLE

Wary investors hope US-China talks cool high-stakes trade war
(Reuters) -Investors are hopeful that U.S.-China trade talks this weekend will cool a trade war between the world’s two largest economies and dispel some of the uncertainty clouding financial markets, though few expect a major breakthrough just yet.The highly anticipated meeting in Switzerland could mark one …. Read More >>

OTHER HEADLINES

Fed’s Cook warns tariffs could lower productivity, feed inflation
PALO ALTO (Reuters) -President Donald Trump’s unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient economy, Federal Reserve governor Lisa Cook said on Friday. “I expect to see a drag on productivity in the near term stemming from …. Read More >>

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Trump Exec Order creates “AI Wealth Window”?

While Big Tech Slips, This AI Startup Quietly Gained 20%