The One Big Beautiful Bill Act makes three major changes to the interest deduction limitation provision of §163(j). Pub. L. No. 119-21, §70303, §70341 (July 4, 2025), applicable to taxable years beginning after December 31, 2024. This article reviews the …
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On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins Act (“GENIUS Act“), marking a pivotal moment in the evolution of digital asset regulation. As the first comprehensive federal …
This post was originally published on here The 2026 midterms are coming fast, and the endorsements have gotten underway in several races, including in Kentucky following Senator Mitch McConnell’s (R-KY) announcement that he will not run for reelection. Advertisement In an email from Republican Kentucky businessman Nate Morris, who recently announced he’s running for the…
This post was originally published on here The Federal Reserve held its fifth policy meeting Tuesday and Wednesday, following which Fed Chair Jerome Powell announced the agency’s interest rate decision: Rates will remain steady, despite mounting pressure for the Fed to reduce them. Advertisement The Federal Reserve on Wednesday announced that it will leave its…
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This post was originally published on here Man, Chuck Schumer is one gloomy guy. I honestly don’t know how the Senate minority leader (D-NY) gets out of bed in the morning when his world seems to be permanently shrouded in darkness. One can’t help but think of Eeyore, the pessimistic, monotone donkey from the children’s…
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This post was originally published on here The Gross Domestic Product number is in. The numbers are great, and as we seem to keep finding with President Donald Trump’s economy, their better than what was predicted. The second-quarter first read GDP is at three percent. Advertisement Real GDP increased at a 3.0% annual rate in…
… of their trip to the United States, where they will face … also unlikely to feature for United against Bournemouth, with Amorim … Hammers last week.
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… , kick-off 2.30am BST. United made a winning start to … pre-season tour of the United States at the weekend, beating West … Ham United 2-1 at the MetLife … the result their performance deserved. United will be hoping to build …