Will Pound hit $1.40 amid soaring optimism?

Will Pound hit $1.40 amid soaring optimism?

The pound could hit a peak of $1.40 by March next year, bolstered by a more promising economic outlook and the prospects of political stability, according to the CEO of a leading financial advisory and fintech. The bullish prediction from deVere Group’s Nigel Green comes as major financial institutions rush into the UK’s currency, which … Read more

Business leaders are scenario planning for a Trump win

Business leaders are scenario planning for a Trump win

With Donald Trump’s political stock suddenly reaching new highs—after he survived an assassination attempt and starred in a slickly produced convention, while President Biden stays at home with Covid, all in one week—business leaders must revisit their scenarios for a Trump presidency. They should keep three factors front and center: Trump’s stance on taxes and … Read more

Economist warns Americans over Biden’s potential tax hikes: ‘Scary’

Economist warns Americans over Biden’s potential tax hikes: 'Scary'

Silver nosedives to $29 as China offers sluggish fiscal boost

Silver nosedives to $29 as China offers sluggish fiscal boost

Silver plummeted to near $29.00 in Friday’s American trading. The white metal faces an intense sell-off as the outcome of China’s third plenum meeting had less stimulus measures to address economic challenges and was more focusing more on “high-quality development”. The world’s second-largest economy struggles to maintain the economic growth momentum due to poor demand … Read more

Trump 2.0: Trump promises to cut corporate tax rate to 15% if elected as US President

Trump 2.0: Trump promises to cut corporate tax rate to 15% if elected as US President

Donald Trump reduced the corporate tax rate from 28% to 21% during his previous presidency and intends to further reduce it to 15% if elected again this year. Now, Trump proposes lowering the corporate tax rate to 15%, potentially cutting the US corporate tax rate by nearly half.In a wide-ranging interview on business and the … Read more

Sectors to gain as Trump victory odds rise

Sectors to gain as Trump victory odds rise

With market analysts increasingly pricing in the likelihood of a Donald Trump victory in the US presidential election in November, investors are eyeing three specific sectors expected to benefit from his administration’s policies. “A potential return to the White House brings with it expectations of a hawkish trade policy, less regulation, looser climate change regulations, … Read more

Tax Breaks: Sales Taxes Take A Holiday In Some States

Tax Breaks: Sales Taxes Take A Holiday In Some States

here. Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have already started gearing up for the 2024-25 school year (you can count me as one of them). However, with above-average prices in stores and online, those shoppers are … Read more

Labour must position UK as global crypto hub

Labour must position UK as global crypto hub

Having secured a landslide victory as expected in last week’s election, Labour’s Keir Starmer has a unique opportunity to reshape the UK’s financial landscape by positioning it as a global cryptocurrency hub, according to the CEO of a leading financial advisory and fintech. “To date, Starmer’s stance on crypto remains somewhat nebulous,” said Nigel Green … Read more

The NJ budget: More taxes, less transparency and why we will all pay more in 2025

The NJ budget: More taxes, less transparency and why we will all pay more in 2025

3-minute read Audrey Lane  |  Special to the USA TODAY NetworkI spent the days leading up to passage of this year’s New Jersey state budget at the Statehouse in Trenton.  It was an eye-opening and, at times, frustrating experience. Our state’s economic and fiscal policies are resulting in deficit spending, and the process surrounding those policies … Read more

Will Labour win lift UK stocks?

Will Labour win lift UK stocks?

UK equities’ support following a Labour victory driven by a temporary boost from easing political uncertainty will be limited as the expectation has already been widely priced-in by the markets. Also, for the UK’s stocks to secure robust growth and regain ground against their global peers, three critical factors must align, said the CEO of … Read more