A pivotal shift in American energy policy has emerged from the Senate, as the recently approved Republican budget bill introduces complex changes that could significantly reshape the landscape for renewable energy. While the legislation notably eliminates a proposed tax on solar and wind energy projects, a move that might initially […]
Tag: Tax legislation
Scott Bessent mocks Musk’s advice: ‘I will take care of the finances’
In a recent high-profile exchange, Treasury Secretary Scott Bessent directly confronted and dismissed the ongoing criticisms from tech magnate Elon Musk regarding the newly enacted ‘One Big Beautiful Bill Act,’ which recently secured Senate passage. Musk has been a vocal opponent of the tax legislation, consistently asserting that its provisions […]
Global stocks mixed as markets track US trade deal prospects
Global stock markets presented a mixed performance on Tuesday, reflecting a period of intense observation among investors keenly monitoring pivotal developments in US economic policy and international trade relations. This prevailing sentiment underscores a critical juncture where domestic legislative advancements intertwine with the complex landscape of international commerce, collectively shaping […]