Overview of the 2017 Tax Cuts and Jobs Act (TCJA) The Tax Cuts and Jobs Act (TCJA), enacted in 2017, was the most significant overhaul of the U.S. tax code in a generation. While proponents argue it spurred economic growth and created jobs, critics contend it disproportionately benefits high-income earners and increases federal deficits. With … Read more
Meta, the parent company of Facebook, Instagram, and Threads, has announced a groundbreaking decision to end its traditional fact-checking program and adopt a community-driven system similar to Elon Musk’s X. This significant move comes amid changing dynamics in the tech industry and evolving societal perspectives on free speech and content moderation. Below, we dive into … Read more
The U.S. trade deficit experienced a significant increase in November, marking a critical juncture for businesses and policymakers alike. This surge is attributed to heightened imports, likely driven by concerns over potential tariff hikes under President-elect Donald Trump’s administration. Coupled with a record-high surge in exports, the economic landscape reveals both challenges and opportunities. Understanding … Read more
The US dollar staged a notable recovery on Monday, paring significant early losses against major currencies. This rebound came after President-elect Donald Trump denied a report claiming his administration’s tariff plans would be narrower than originally feared. Dollar Decline Sparks Market Reaction The Bloomberg Dollar Spot Index initially plummeted by more than 1%, marking its … Read more
