Larry Kudlow

President Donald Trump‘s proposed millionaire tax, which aims to increase the tax rate on income over $2.5 million, is being seen as largely symbolic and unlikely to significantly impact revenue or inequality by experts. What Happened: Howard Gleckman, from the Urban-Brookings Tax Policy ...

Economist Peter Schiff rejected former White House adviser Larry Kudlow's assertion that the United States is "China's best customer," arguing the roles are reversed as ballooning U.S. debt leaves Beijing financing American consumption. What Happened: "Larry Kudlow said the U.S. is China's best...

Editor’s note: This story has been updated with comment from Fox News. Economist and news analyst Larry Kudlow could return to a role in the White House with the former National Economic Council Director being eyed for a role among Donald Trump's growing list of possible Cabinet nominees and...

When asked what he thinks about banning short sellers, investor and "Shark Tank" star Kevin O’Leary didn’t hold back. What Happened: With the regional banking sector seeing pressure after several collapses and bankruptcies, there are increasing calls to ban short selling...

The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...

White House economic advisor Larry Kudlow said Monday during a CNBC interview that he thinks the U.S. won't be hit with a second wave of coronavirus cases — despite reports the Trump administration is planning for just that.  No Second Wave? Some U.S. states are seeing...

Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter. National Economic Council Director Larry Kudlow, in a press conference on Tuesday, said that the federal government's planned novel...

Asian stocks were trading slightly positive Tuesday as optimism grows about the chances of a trade deal between the U.S. and China. There’s also optimism that the latest Brexit deal will be backed by the British Parliament. What Happened Hong Kong’s Hang Seng Index was up 0.21% as...

U.S. stocks rallied on Wednesday morning after U.S. Federal Reserve Chair Jerome Powell suggested a U.S. interest rate cut may be imminent. Powell presented his semiannual monetary policy report to the House Financial Services Committee on Wednesday, and investors have now high hopes for a rate cut...

The Federal Reserve opted not to cut interest rates last week, and President Donald Trump is once again expressing his displeasure with the Fed and his appointed Fed Chair Jerome Powell. Trump lashed out at the Fed Monday on Twitter, telling followers the Fed “doesn’t know what it...

Global stocks surged Tuesday following news that President Donald Trump and Chinese President Xi Jinping will be meeting to discuss trade at the upcoming G-20 summit at the end of the month. What Happened On Tuesday, Trump tweeted that he and Xi had a productive phone call and agreed to...

Investors received more bad news Monday morning as an escalation of the trade war between the U.S. and China drove stocks even lower following a horrible performance last week. The latest wave of selling comes on reports that China will be raising tariffs on $60 billion in U.S. goods to 25 percent...

The outlook for the U.S. fed funds rate has made a major shift in the last month alone. A month ago, investors were expecting the Federal Reserve to maintain or raise interest rates this year. Now, investors are betting on an interest rate cut in 2019, and White House advisor Larry Kudlow said...

The U.S. grew its gross domestic product by 2.6 percent in the fourth quarter of 2018, slightly better than consensus forecasts but well below the growth rate of the prior two quarters. What Happened On Thursday morning, the Commerce Department said U.S. GDP was up 2.6 percent in the fourth quarter...