Ultra-wealthy turn to trusts to plan for potential tax hikes
The ultra-wealthy have been preparing for potential tax increases based on President-elect Joe Biden's proposals – and there are some tangible ways advisers can help clients mitigate losses.
How a Biden presidency could change your tax bill
A victory by Democratic presidential candidate Joe Biden in the November election could significantly change tax bills for a slew of Americans. Here's what you need to know.
Joe Biden's 2020 tax plan: The key points
Biden has said the tax code should be more progressive and equitable.
Investors worry Trump election fight will prove stock market quicksand
The benchmark S&P 500 rallied 7.33% this week to near-record highs despite days of uncertainty about who won the White House, but volatility may return in a flash.
Ex-George W. Bush official says 2020 election 'very different situation' from 2000 Florida recount
The ongoing vote count in the 2020 presidential election between President Trump and Joe Biden is a "very different situation" from the Florida recount of 2000, former White House Chief of Staff Andy Card said Friday.
Facebook to provide 'reliable information' across platforms once presidential winner is projected
Facebook said Thursday evening it would provide "reliable information" across its platforms once either President Trump or Democratic nominee Joe Biden is projected as winner of the 2020 presidential election.
Trump leading Biden in Amazon product searches despite tight election
According to the latest figures from Helium 10, a research firm for Amazon sellers, Trump is leading Biden in estimated search volume, with 322,191 searches for the keyword "Trump" compared to 40,204 searches for the keyword "Biden."
YouTube says video claiming Trump victory doesn't violate misinformation rules
A YouTube video claiming President Trump has won reelection does not violate the site's election misinformation policies and has been allowed to remain on the platform.
Presidential election will be decided at ballots, not in courts, attorney David Boies says
The results of the 2020 presidential election will be "decided at the ballot box and not in the courts," former Al Gore 2000 Florida recount lead attorney David Boies said on Thursday.
Social Security taxes will increase for wealthy Americans regardless of Trump, Biden electoral victory
No matter whether Joe Biden or Donald Trump wins the presidential election, wealthy Americans can expect to see a Social Security tax hike in 2021.
Australian bookmaker pays out on Biden winning presidency -- even though election results far from official
SYDNEY - An Australian bookmaker said on Thursday it has paid out A$23 million ($16.5 million) to people that had bet on Joe Biden becoming the next U.S. president though the official result is still to be determined.BRITISH GAMBLER BETS $5M ON TRUMP IN BIGGEST-EVER POLITICAL WAGER
Bloomberg poured $100M into Florida, Ohio and Texas and Dems still lost
Bloomberg's cash outlay was part of a broader strategy by Democrats to flip key swing states blue, investing in areas previously seen as longshots as well as mavericks that Trump carried in 2016.
Nasdaq, S&P 500 post-election gains best ever despite chaos
Tech stocks surge as investors await vote counts as the race for the White House is still too close to call.
How a contested election could affect the stock market
With Trump-Biden both confident of a 2020 win, expect volatility in stocks and currencies.
Trump or Biden? Stimulus in the cards anyways
Regardless of who wins the election, investors are betting on more stimulus.
What is economic mobility?
In what might be the top priority for voters, income mobility is defined as the ability for an individual to move to a higher income bracket.
Arizona political advertisement spending breaks records
The Sun Belt state of Arizona has seen its political advertising spending records smashed over the course of the 2020 election cycle,
Election Day 2020 results: Trump, Biden locked in tight race with major economic stakes
Each candidate has accused the other of embracing policies that would have disastrous outcomes for ordinary Americans.
How a Trump or Biden presidency could affect your retirement plan
President Trump and his Democratic opponent Joe Biden are running for election on radically different platforms, with diverging views on most some of the most pressing issues, including ones that have the potential to impact the finances of everyday Americans.
Joe Biden wants to ‘suppress’ capitalism, Home Depot’s Langone says
Home Depot co-founder Ken Langone said “3,000 young people that came to work for us out of high school” are now multimillionaires.


















