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Ray Dalio Warns US Debt Per Family Will Rise 85% To $425,000 Over Next 10 Years As House Passes Trump's 'Big Beautiful Bill'
Friday, July 4, 2025 - 4:49am | 824Billionaire investor and founder of Bridgewater Associates, Ray Dalio, has sounded the alarm on the U.S. fiscal trajectory following the passage of the ‘One Big, Beautiful Bill Act.’ What Happened: In a post on X, Dalio projected that the new budget, with annual spending of $7 trillion...
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Nvidia, Intel, Broadcom, Micron, AMD And Other Chipmakers Stand To Benefit As Trump's Tax Bill Increases Incentives To Make Semiconductors In US
Thursday, July 3, 2025 - 3:06am | 1066Chipmakers are likely to benefit from the ‘One Big Beautiful Bill Act’ passed by the Senate on Tuesday, as they will be eligible for an investment tax credit that can incentivize the semiconductor business. What Happened: According to the provisions of the tax cut bill proposed by...
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Gary Black Counterns Elon Musk's Bankruptcy Warning, Says US Debt 'Fairly Low' At 125% Of GDP
Wednesday, July 2, 2025 - 8:25am | 842Financial analyst Gary Black, the managing partner at the Future Fund LLC, has issued a bold take on the U.S. fiscal health, likening the nation's debt to corporate debt levels and calling it “fairly low.” What Happened: In a post on X, Black argued that the U.S. debt-to-GDP ratio of...
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US Stocks Likely To Open Higher: S&P 500 Sees 'Average Gain Of 6.1%' In 2nd Half, Expert Says
Wednesday, July 2, 2025 - 6:01am | 1812U.S. futures rose on Wednesday after a mixed close on Tuesday. Futures of major benchmark indices were trading slightly higher. After the Nasdaq and S&P 500 scaled new highs for two days, the indices slipped on Tuesday as President Donald Trump's massive tax-and-spending One Big Beautiful Bill...
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Ross Gerber Slams Trump's Tax Plan As 'Biggest...Scam Out There,' Says It Threatens Clean Energy Future: 'Big Ugly Bill'
Monday, June 30, 2025 - 8:22am | 1000Investment advisor and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerber, has sharply criticized the new tax cut bill – One Big Beautiful Bill Act, which was passed by the House and awaits pending approval from the Senate. What Happened: In an X post, Gerber labeled it...
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US Credit Rating Would Fall If Trump's Big Beautiful Bill Is Approved, Says Thomas Massie: Here's What It Means For Americans
Monday, June 30, 2025 - 7:16am | 849Rep. Thomas Massie (R-Ky.) has warned that the passage of President Donald Trump's ‘One Big Beautiful Bill’ could tank the U.S. credit rating to BBB status, a level that historically signals financial distress. What Happened: In an X post, Massie quipped, "BBB = our credit rating if...
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Ross Gerber Touts An Idea To Cut Deficit By Trillions Of Dollars: 'Let The Tax Cuts Expire And Full SALT Come Back'
Thursday, June 26, 2025 - 7:36am | 667As the One Big Beautiful Bill Act of 2025 proposes tax relief for individuals, it is also estimated to increase the federal deficit. However, this expert proposes an idea that could help cut trillions of dollars in deficit. What Happened: Financial commentator Ross Gerber of Gerber Kawasaki has...
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Trump's 'Big, Beautiful Bill' Could Cost Professional Firms $73 Billion, Lawyers And Accountants Join Forces To Resist
Monday, June 16, 2025 - 6:34am | 547U.S. professional services firms run by lawyers and accountants are joining forces to resist a tax provision included in President Donald Trump's One Big Beautiful Bill Act. What Happened: A provision embedded in the bill entails a proposed rollback of a tax workaround used by partnerships such as...
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Elizabeth Warren Says Trump's 'One Big Beautiful Bill' Will 'Rip Away' Health Coverage From 16 million Americans — Just So Jeff Bezos Can Buy A Third Yacht
Thursday, June 5, 2025 - 1:30am | 838On Wednesday, Senator Elizabeth Warren (D-Mass.) sharply criticized President Donald Trump’s “One Big Beautiful Bill Act,” warning that it could strip health coverage from millions of Americans and add $2.4 trillion to the national debt. What Happened: Taking to social media,...
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Jim Cramer Warns Of More 'Torture' Ahead As 10-Year Yields Flirt With 4.75% Amid Trump's 'One Big Beautiful Bill' Moving To Senate: 'Get Used To It'
Friday, May 23, 2025 - 8:57am | 625As the “One Big Beautiful Bill” progresses to the Senate, investors should brace themselves for continued volatility in Treasury yields, according to Jim Cramer. What Happened: The host of “Mad Money” warned that the market will likely “flirt” with a 4.75% yield...
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Growth Vs. Value: Expert Views Collide On The Impact Of Trump's 'Big, Beautiful' Bill
Friday, May 23, 2025 - 3:27am | 858While President Donald Trump‘s “One Big, Beautiful Bill Act” is expected to reduce taxes and “put more money in people’s pockets,” experts argue whether the tax cuts will cater to the value or growth stocks within the U.S. economy. What Happened: The new tax bill...