Now that the megabill has passed, expect a ton of short-term debt to be sold to finance the government’s deficit
Wall Street will be watching to see how new Treasury supply to fund the U.S. deficit will be absorbed.
Wall Street will be watching to see how new Treasury supply to fund the U.S. deficit will be absorbed.
“From repayment plans to smaller loans: Some of the most significant change we’ve seen in higher education in a couple of decades.”
The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder for some to receive public assistance or hold onto health insurance.
A UBS analyst says the news “increases the probability more tariff increases for other countries are coming.”
President Donald Trump’s megabill could have a big impact on financial-services platform Robinhood Markets.
Also: A look ahead as the S&P 500 returns to setting record highs; how to decide on a Roth IRA conversion; and more pointed advice from the Moneyist.