Money & Politics

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Mar 18, 2025

The Government Lights Remain On For Now Edition

On this episode of Tax Breaks, Forbes Senior Writer Kelly Phillips Erb covers the budget resolution Trump signed this past weekend, IRS staffing and budget cuts, and the status of the current tax filing season.

ByJonathan Palmer,

Forbes Staff

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Mar 11, 2025

Why Tesla Stock Has Taken A Nosedive

Elon Musk claims the carmaker will someday be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Does all that data really give the company a competitive advantage?

ByJonathan Palmer,

Forbes Staff

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Mar 11, 2025

What Trump’s New Student Loan Forgiveness Order Means For 3 Million Borrowers

On this episode of Forbes Talks, Breaking News Reporter Brittany Lewis, talks with Adam Minsky, a Forbes senior contributor, about President Trump's actions targeting the Public Service Loan Forgiveness program.

ByJonathan Palmer,

Forbes Staff

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Mar 4, 2025

Mayor Eric Adams’ Legal Troubles Are Taking A Bite Out Of His Net Worth

The biggest chunks of Eric Adams’ fortune look to be largely illiquid, potentially complicating his fight against charges of corruption.

ByJonathan Palmer,

Forbes Staff

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Nov 15, 2024

Donald Trump Debuts Merchandise Collection Pegged To Election Victory

The president-elect's online business taps into supporters' enthusiasm with high-priced goods that "celebrate the big win" and buyers' "love for America."

ByAlexis Noriega,

Former Staff

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Nov 8, 2024

Trump Has Vowed To Reevaluate NATO And Reshape Global Trade | Forbes Topline

President-elect Donald Trump has said he will reevaluate the country's role in NATO, end the war in Ukraine, restore travel bans from majority-Muslim countries, impose new restrictions on Chinese-owned infrastructure in the U.S. and build a missile defense shield system, among other priorities, in a return to office?here are the ?America First? foreign policy promises he?s made for a second term.

ByKristin Hunt,

Forbes Staff

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Nov 7, 2024

Here's What The Failure Of Florida's Amendment 3 Means For Cannabis Legalization

Voters rejected legalizing recreational marijuana in the bellwether state. Here's what it means for federal legalization and pot's green wave.

ByKristin Hunt,

Forbes Staff

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Nov 7, 2024

These Billionaire Fortunes Surged After Trump's Win: Bezos, Musk, And Buffet | Forbes Topline

The net worths of many of the world's wealthiest people skyrocketed Thursday, particularly those with strong ties to cryptocurrency, with stocks soaring following Donald Trump's election win as the president-elect is expected to embrace cryptocurrency and corporate tax cuts during his upcoming term.

ByKristin Hunt,

Forbes Staff

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Nov 6, 2024

Trump Promised More Tariffs - That Means Everything Will Get More Expensive | Forbes Topline

The United States drastically cut its reliance on tariffs as a primary form of federal revenue over a century ago. With Donald Trump?s return to the White House, a lot of things are going to change ? especially the price of everyday items. While on the campaign trail, the president-elect made a number of promises regarding tariffs on foreign-made goods. Specifically, Trump said as recently as November 4 that there would be tariffs of at least 25% ? which could rise to as high as 100% ? on goods made in Mexico. Previously, he said that goods made in China should be hit with a 60% tariff, while anything manufactured abroad should have a blanket 20% tariff. Presuming Trump makes good on those promises, that would mean that a slew of imported items.

ByKirsten Taggart,

Forbes Staff

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Nov 6, 2024

Donald Trump's Net Worth Grows Nearly $300 Million: Trump Media Shares Surge | Forbes Topline

Donald Trump's election victory sent shares in Trump Media & Technology Group soaring on Wednesday, a market shift that added nearly $300 million to Trump's fortune as he secured his second presidency.

ByKristin Hunt,

Forbes Staff

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Nov 6, 2024

Here's Why Trump's Win Sent Dollar And Bond Yields To Multi-Month Highs | Forbes Topline

Financial markets' strong reaction to Donald Trump's projected return to the oval office included a spike in the value of the dollar and a sharp selloff in fixed income, hinting at both investor optimism at strong economic growth and concerns about inflation.

ByKristin Hunt,

Forbes Staff

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Nov 6, 2024

Tesla Shares Soar 12% Toward Record In Premarket Trading As Trump Wins Election | Forbes Topline

Shares of Tesla surged by 12% in premarket trading Wednesday morning, sending the company's stock toward a new record after Donald Trump was reelected as president, while analysts signaled a Trump victory would likely benefit Elon Musk's firm.

ByKristin Hunt,

Forbes Staff

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Nov 5, 2024

Huge Cash Disparity In Last-Minute Donations To Harris And Trump

Fresh data on late campaign contributions reveals a financial edge that could impact closing tactics, ad spending and legal challenges of both campaigns in the race?s final hours.

ByKristin Hunt,

Forbes Staff

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Nov 5, 2024

Security Agencies Warn: Be Wary Of Russia's Fake Election News | Forbes Topline

American intelligence and law enforcement agencies are warning about fake articles and videos created by Russians around Tuesday's presidential election, claiming they risk inciting violence, including against election officials.

ByKristin Hunt,

Forbes Staff

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Nov 5, 2024

How Don Jr And Eric Trump Made Their Fortunes

Eric Trump, an executive vice president of the Trump Organization, gets most of his fortune from running his dad's companies rather than equity in the businesses. Meanwhile, the former president's oldest child still helps run the family business, but has been finding ways to cash in on politics in recent years.

ByKristin Hunt,

Forbes Staff

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Nov 5, 2024

How Trump Built A Golf Empire With Secret Financing

Rumors of money laundering have circled Donald Trump's golf business for years. Forbes uncovered the true source of the funds.

ByJonathan Palmer,

Forbes Staff

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Nov 5, 2024

The Battle Over How Much Politics To Allow On TikTok

Some employees have argued political posts are good for business, and urged the company to loosen its political ads ban. Others worry politics could poison TikTok?s magic.

ByKristin Hunt,

Forbes Staff