This bill would be one more nail in the coffin of a country falling under an enormous debt burden,” Man Group chief market strategist Kristina Hooper said last week in interview. President Donald Trump’s “big beautiful” tax bill passed by the U.

Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.

The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.

The call by US lawmakers to impose new retaliatory taxes on foreign-owned companies is a strategic move to give the Trump administration leverage to shield American companies from the global minimum tax framework.

It turns out that all of those "no" votes in committee didn’t amount to much once the tax bill hit the House floor on Thursday morning.

Tax cuts favored by President Trump are amplifying debt and deficit concerns and pushing 30-year Treasury yields to their highest level since October 2023.

In a significant legislative move, House Republicans have successfully passed One, Big Beautiful Bill, marking a crucial win for President Donald Trump.

House Republicans surprised tech industry watchers and outraged many state governments when they added a clause to Republicans’ signature “big, beautiful” tax bill that bans states and localities from regulating artificial intelligence for a decade.