Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.

While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system.

For foreign investors, Section 899 would increase taxes on dividends and interest on US stocks and some corporate bonds by 5 percentage points every year for four years. It would also impose taxes on the American portfolio holdings of sovereign wealth funds, which are currently exempt.

An obscure tax measure that's setting off alarms on Wall Street and beyond is buried deep in the more than 1,000-page tax-and-spending bill that President Donald Trump is muscling through Congress. Bill Faries reports on Bloomberg Television.

This longevity is in spite of having little commercial success compared to football, basketball or baseball, and can partly be credited to its affiliation with Wall Street. Lacrosse, by dint of its sprawling history and geographic origins,

"One thing is to talk about money, and another is managing it," says Nouriel Roubini.

U.S. stocks were slightly higher in choppy afternoon trading on Thursday, with shares of Nvidia gaining after its quarterly results.

Before revelations of Joe Biden's cognitive decline dominated headlines, The Wall Street Journal was viciously attacked by the president's media allies before he exited the 2024 race.