Latest news with #July4
Bloomberg
2 hours ago
- Business
- Bloomberg
Senate Unveils New Trump Tax Draft With Plans to Vote Soon
Senate Republicans unveiled a new version of their $4.2 trillion tax and spending package, moving closer to a vote as they near a July 4 deadline set by President Donald Trump. The new draft reflects compromises among warring factions of the Senate GOP which has been divided over how much to cut safety-net programs such as Medicaid and how rapidly to phase out of renewable energy tax credits enacted under the Biden administration.
Yahoo
7 hours ago
- Business
- Yahoo
Constellation earnings, Tesla deliveries, tax bill: What to Watch
Asking for a Trend host Josh Lipton takes a look at the top stories for investors to watch next week. Constellation Brands (STZ) will report first quarter earnings on Tuesday after the closing bell, with analysts expecting a 5.6% decline in adjusted earnings per share (EPS). Tesla (TSLA) will release its second quarter vehicle delivery and production numbers on Wednesday amid its domestic and European sales challenges. On Thursday, the June jobs report will be published in the morning and is expected to show 110,000 new jobs added and unemployment ticking up to 4.3%. Meanwhile, Senate Republicans are racing to revise and pass President Trump's tax bill before the self-imposed deadline on Friday, July 4. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
8 hours ago
- Business
- Wall Street Journal
WSJ Reporter on the Senate's Race to Pass Trump's 'Big, Beautiful' Bill
WSJ Reporter on the Senate's Race to Pass Trump's 'Big, Beautiful' Bill Senate Republicans are attempting to work through disagreements and pass President Trump's 'one big, beautiful bill' ahead of their July 4 deadline. WSJ's Richard Rubin explains where the tax-and-spending bill stands. Photo:
CTV News
8 hours ago
- Climate
- CTV News
Friday's Movie in the Park in Kingsville rescheduled
The Town of Kingsville has rescheduled Friday night's Movie in the Park event due to the forecasted weather. E.T. was originally to play at Ridgeview Park on Friday, but has been moved to Friday, July 4. You are reminded to bring your own bug spray, lawn chair, or blanket. It begins at 9:30 p.m., when it's dark. Prior to 9 p.m., lawn games and snacks will be set up.
Yahoo
9 hours ago
- Business
- Yahoo
Trump cancels trip to push ‘big, beautiful bill' across finish line
(NewsNation) — President Trump is making one final push to get the 'big, beautiful bill' he's championed across the finish line. NewsNation confirmed that Trump has called off a weekend trip to his Bedminster Golf Club in New Jersey to focus on the bill and lobby Republicans who remain on the fence with what the spending package currently includes. The White House on Thursday dug in on its expectation that Congress will pass the massive reconciliation package containing Trump's key agenda items by next week, despite a vital setback from the Senate parliamentarian, Elizabeth MacDonough. 'We expect that bill to be on the president's desk for signature by July 4,' White House press secretary Karoline Leavitt told reporters. Trump says Iran must open itself to inspection to verify it doesn't restart its nuclear program Trump's optimism about the bill's deadline to pass has wavered a bit than in the past. The legislation calls for tax cuts for families, no tax on tips or overtime, a child tax credit increase, extension of the 2017 tax cuts, and clean energy tax cuts. Trump claims that if it doesn't pass, the country would see a 68% tax increase. 'It's a great bill,' he said. It's a massive tax cut. It will be interesting to see if we get any Democratic votes. If I were a Democrat, I would vote for this bill all day long because it's tax cuts and many other things that are common sense.' The Latest: Trump emboldened to accelerate his agenda after nationwide injunction ruling Trump also held a White House event on Thursday to pressure Republican holdouts to support his so-called 'big, beautiful bill' ahead of the deadline. The gathering featured 'everyday Americans' who the administration claims will benefit from 'many different provisions in the bill.' Truck drivers, firefighters, law enforcement, health care workers, tipped workers, and others were in attendance. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
