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Francine gains strength and is expected to be a hurricane when it reaches US Gulf Coast

Tropical Storm Francine was strengthening and swirling in the Gulf of Mexico and was expected to reach hurricane strength before making landfall in Louisiana on Tuesday. Storm surge warnings were issued for areas from east of Houston to the mouth of the Mississippi River south of New Orleans, according to the National Hurricane Center. Such […]

Kamala’s Capital Gains Tax Plan Would ‘Kill the Stock Market’

Billionaire investor Mark Cuban warned Thursday on CNBC's “Squawk Box” that Vice President Kamala Harris' capital gains tax plan would “destroy the stock market.” “What I told them was that if we taxed unrealized gains, it would crash the stock market and it would be the ultimate jobs plan for private equity because companies wouldn't […]

Harris breaks from Biden on capital gains

sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text   Nikki Haley joins PR firm Edelman Former Republican presidential candidate Nikki Haley has joined global communications firm Edelman as vice chair of […]

Harris proposes lower capital gains tax increase than Biden 

Vice President Harris on Wednesday signaled a policy difference with President Biden, calling for a lower capital gains tax increase than Biden had proposed. During a campaign speech in New Hampshire, Harris said she wants to raise capital gains taxes on people earning more than $1 million from the current effective rate of 23.6 percent […]