policy

New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan

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New parents could get $6,000 for the first year of their child's life and a restored child tax credit under Kamala Harris' economic plan

Economy New parents could get $6,000 for the first year of their child’s life and a restored child tax credit under Kamala Harris’ economic plan Ayelet Sheffey and Juliana Kaplan 2024-08-16T14:33:04Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send … Read more

Opinion Is Kamalanomics a winning strategy?

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You’re reading the Prompt 2024 newsletter. Sign up to get it in your inbox. Vice President Kamala Harris is out with her economic plan “to bring down costs for American families.” There’s already a lot of buzz about her proposals to go after corporate “price gouging,” cut taxes for families with kids and offer $25,000 … Read more

4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

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4 Impacts a Harris Presidency Could Have on Large Corporations and Their Taxes

Michael Brochstein/ZUMA Press Wire / SplashNews.com / Michael Brochstein/ZUMA Press Wire / SplashNews.com Because of her late start in the 2024 presidential campaign, vice president and presumptive Democratic nominee Kamala Harris has not had much time to roll out an economic platform. She was expected to do so this week, though what she unveils might … Read more

Oregon residents will vote in November on a $1,600 annual universal basic income

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Oregon residents will vote in November on a $1,600 annual universal basic income

Economy Oregon residents will vote in November on a $1,600 annual universal basic income Katie Balevic 2024-08-16T15:29:34Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter … Read more

Are we out of the woods?

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Are we out of the woods?

By Naeem Aslam As traders and investors pay close attention to the two most important economic events that have unfolded, stock futures in the US and Europe are sitting on solid gains, aiming to finish the week in positive territory. It’s not overstated to suggest that traders have shifted their perspective on the economic situation, … Read more

Oregon legislative Democrats join governor, Republicans in opposing rebate ballot measure • Oregon Capital Chronicle

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Oregon legislative Democrats join governor, Republicans in opposing rebate ballot measure • Oregon Capital Chronicle

Democratic leaders in the Oregon House and Senate have come out swinging against a November ballot measure that would hike taxes on corporations to send checks to every Oregonian.  Top Democrats in the House and Senate joined their Republican colleagues and Gov. Tina Kotek in opposing Measure 118, also referred to as the Oregon Rebate. … Read more

Traders push markets higher, US inflation may set trading tone

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Traders push markets higher, US inflation may set trading tone

By Naeem Aslam Traders are ready to bag some bargains, while others continue to believe that the current bounce back in the markets may be nothing more than a dead cat bounce, as a result of which, caution is need. European and US markets are very much moving forward, leaving behind all of the concerns … Read more

U.S. election not a concern for corporate issuers in short term | Investment Executive

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U.S. election not a concern for corporate issuers in short term | Investment Executive

While all sectors are exposed to political shifts given federal control of overarching areas such as tax and anti-trust policy, in developed economies political regime changes generally don’t immediately impact corporate credit profiles, it noted. “Rating actions directly due to federal policy changes are rare,” it said.  Although Fitch acknowledged that federal policy can “dramatically … Read more

Dollar steadies in calm start to US inflation

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Dollar steadies in calm start to US inflation

The EURUSD currency pair remains in a tight range above the round-level support of 1.0900 on  Monday as it struggles for direction. Investors look for fresh cues at the start of a busy data week that will likely indicate how much the Federal Reserve will cut interest rates in September. For fresh interest rate cues, … Read more

Cyprus supports US-Egypt-Qatar effort to diffuse Gaza crisis

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Cyprus supports US-Egypt-Qatar effort to diffuse Gaza crisis

Cyprus fully supports the joint effort by the United States, Egypt and Qatar to get both sides of the war in Gaza to meet next week and resume talks on a ceasefire and release of hostages. President Nikos Christodoulides stated on Friday that he, “fully endorses (the statement by) Presidents Joe Biden, Abdel Fattah el-Sisi … Read more