Budget

President Donald Trump‘s fiscal 2026 defense budget request signals a strategic pivot toward advanced missile systems and unmanned warfare capabilities while scaling back traditional fighter jet procurement, potentially reshaping revenue streams for major defense contractors. What Happened:...

Dr. Mehmet Oz, appointed by President Donald Trump to lead the Centers for Medicare and Medicaid Services (CMS), added to the chorus of Republican voices defending the funding cuts in the House-passed budget bill. What Happened: Speaking on POLITICO's podcast The Conversation with Dasha Burns, Oz...

Economist Justin Wolfers is once again directing criticism at President Donald Trump, this time taking aim at the administration's sweeping tax and spending bill, which Trump has described as “one big, beautiful bill.” What Happened: Speaking on the TheRickWilson podcast on Tuesday,...

Spring offers an ideal opportunity to refresh financial health. Just as decluttering a home brings clarity and calm, conducting a financial spring cleaning can help gain control, reduce stress and set the stage for future success. Here are key steps to consider: Review Budget and Spending Begin by...

The House passed a government funding bill on Tuesday to prevent a shutdown through Sept. 30. The measure now moves to the Senate, where Democrats either support it and give Trump latitude to cut federal programs or oppose it and risk blame for a shutdown, reported the New York Times. The bill...

Tesla and SpaceX CEO Elon Musk expressed his bewilderment at Gavin Newsom, the governor of California, for his decision to eliminate 10,000 vacant state jobs. What Happened: On Friday, Newsom announced his plan to cut 10,000 unfilled state jobs to address the $27.6 billion deficit. This move is...

The U.S. President’s Budget, released on Monday, sets an ambitious target to significantly curb the vast federal deficit, proposing a cumulative reduction of about $3 trillion compared to projections by the Congressional Budget Office (CBO). Central to achieving this reduction are higher...

This article was originally published on Cannabis.net and appears here with permission. How much are you spending on weed? A Reddit user recently posed an intriguing question to the cannabis community: "I crunched numbers and found I spend 5.37% of my gross income and 7.04% of my net on...

A layoff notice, rising inflation, and a bearish market – sounds like a financial nightmare, doesn't it? But there's a silver lining. With the right tools and mindset, you can protect your finances from any crisis. You must first master yourself before you master your finances Before...

Facebook parent company Meta Platforms Inc (NASDAQ: META) is preparing for a fresh round of job cuts, and it has delayed finalizing the budgets of multiple teams, according to the Financial Times.  Over the past few weeks, the company has not provided necessary clarity...

Due to a surprisingly low $10 a unit per month depreciation figure, Avis Budget Group Inc (NASDAQ: CAR) beat its consenus adjusted EBITDA estimates by 32%. The Analyst: Morgan Stanley analyst Adam Jonas reported there was a race between falling share count and falling...

According to a recent White House document, President Joe Biden will propose a minimum tax on billionaires.  Biden is expected to unveil the proposal in the fiscal 2023 budget, which is likely to take place on Monday.  The proposed "Billionaire Minimum Income Tax" would set a...

Avis Budget Group Inc. (NASDAQ: CAR) gets you where you need to go, and over the past year, portfolios a ride of a lifetime. Since January 2021, Avis stock’s one-year return has outperformed several of the world’s most popular EV and clean energy stocks: Tesla Inc (NASDAQ:...

As COVID-19 pandemic restrictions are being lifted in many major cities, concerts and sporting events are being booked and restaurants and bars are making comebacks. With all these opportunities for entertainment, it is tempting to do as much as you can to make up for the past year. Whether it...

The Trump administration has requested $18.2 billion for Customs and Border Protection (CBP) in its proposed fiscal year 2021 budget request to Congress. The largest portions of the proposed funding for CBP will go toward strengthening and improving agency land-border infrastructure and adding...