Federal benefits face possible cuts in House Republicans’ budget resolution
Although the details of House Republicans’ narrowly approved budget framework are still up in the air, some initial proposals show the possibility of changes to federal benefits, mainly in retirement and health care.
As part of the GOP budget resolution, the House Oversight and Government Reform Committee is looking at cuts of at least $50 billion from its mandatory spending,
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Read MoreS&P 500 and Nasdaq 100: US Stocks Drop as Traders React to Tariff Threats and Inflation
How Are Tariffs Impacting Market Sentiment?
Market sentiment took a hit after Trump threatened 200% tariffs on alcoholic beverages from the European Union. This was in response to the EU’s 50% tariff on whisky. His comments raised concerns about trade tensions and their potential economic impact.
Futures initially sold off following the announcement but pared losses after February’s producer price index (PPI) came in flat,
Read MoreBest SIP mutual funds to invest in 2025 – Check 10-year returns of top 10 schemes
Over the last few years, the popularity of mutual fund SIP has grown by leaps and bounds. Data shows this – monthly SIP inflows stood at Rs 3,122 crore in April 2016 and have now been constantly hovering around the Rs 26,000 crore level for the past many months. It’s more than an 8-fold growth.
Read MoreBritish anger grows over US tariff blitz: ‘it’s not just affecting China’
Ricci, a London-based dentist, is becoming increasingly worried about the escalating trade war between China and the United States – a conflict he fears will exacerbate the United Kingdom’s cost of living crisis.
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“I understand why the US wants to reduce its dependence on China,” he said.
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Read MoreGold investments to put your tax refund into now
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It’s not every day that you get an extra $3,000 sent to your bank account. Yet the latest figures from the IRS indicate that the average taxpayer will receive a refund of $3,116 for the 2024 tax year.
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Read MoreThe Burst
5 Reasons Buffett Bet Big On Fast Growth Stock
Snowflake (SNOW), a data warehouse built for the cloud, is a fully managed software service that offers a pay-as-you-go pricing model. Snowflake’s architecture handles all types of data, including structured, semi-structured, and unstructured data.
With the world rapidly changing to online data, Snowflake has been able to adapt to this change and provide its services through the internet.
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Read MoreThe Ivy
Alert: 1 Under the Radar Stock BIG Money Is Buying
Investment Alert: Buy Medtronic (MDT) Under $89
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
We last reported on Medtronic in March when the stock was hovering around the high-$70s.
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