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USA Property

Indiana House releases property tax relief plan. Here’s what it does

Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.Property tax relief has become one of the top debates of the 2025 legislative session with hours of testimony from concerned local officials, a veto threat from Gov. Mike Braun and a rally of hundreds at the Statehouse in March chanting “Where’s my money?”Three different property tax plans from Republicans have been presented at the Statehouse this year...
Currencies

Iran’s currency falls to a record low against the dollar as tensions run high

Iran’s rial currency traded Saturday at a record low against the U.S. dollar as the country returned to work after a long holiday, costing over 1 million rials for a single greenback as tensions between Tehran and Washington likely will push it even lower. The exchange rate had plunged to over 1 million rials during the Persian New Year, Nowruz, as currency shops closed and only informal trading took place on the streets, creating additional pressure on the market. But as traders resumed work Saturday, the rate fell even further to 1,043,000...
Stock Market

Trump’s tariffs hit stock market–including these Wisconsin companies

President Donald Trump's new tariffs are affecting the stock market − including the share prices of Wisconsin-based companies.The market's Dow Jones Industrial Average on Friday plunged 5.5%, or 2,231.07 points, to 38,314.86 for its largest single-day decline since June 2020 during the pandemic.That followed a sharp decline on Thursday − bringing the index to around 15% below its record high and into a "correction." A correction is defined as at least 10% lower than a record high.The broad S&P 500 dropped 5.97%, or 322.44 points, to 5,074.08 to post its...
Stock Market

Trump doubles down on tariffs after stock market plunges

President Donald Trump doubled down on his global tariffs Thursday, likening the U.S. economy to a ‘very sick’ patient who came out of an operation. “It’s gonna be a booming country, very booming country. It’s going to be amazing, actually,” Trump said to reporters aboard Air Force One on his way down to one of his Florida golf clubs. President Donald Trump doubled down on his global tariffs Thursday, likening the U.S. economy to a ‘very sick’ patient who came out of an operation. “It’s gonna be a booming country,...
Currencies

U.S. stocks lead global sell-off after Trump’s tariffs announcement

NEW YORK — Wall Street shuddered, and a level of shock unseen since the outbreak of COVID-19 tore through financial markets worldwide Thursday on worries about the damage President Donald Trump’s newest set of tariffs could do to economies across continents, including his own.The S&P 500 sank 4.8%, more than in major markets across Asia and Europe, for its worst day since the pandemic crashed the economy in 2020. The Dow Jones Industrial Average dropped 1,679 points, or 4%, and the Nasdaq composite tumbled 6%.Related:D-FW Fortune 500s lose $49 billion...
Stock Market

What is causing the stock market to drop? Should I pull my money out?

President Donald Trump riffs on 'old fashioned term' groceriesAfter announcing global tariffs, President Donald Trump riffed on the word "groceries," calling it an "old fashioned" and "beautiful term."President Trump imposed new tariffs on imports, causing investors to worry about a recession.Arizona stocks are mixed, with some companies down sharply and others flat or slightly higher.Investors are advised not to panic and to consider adjusting their investment mix if they are concerned about volatility.Stock markets in the U.S. and around the globe took a beating with the news that President Trump...
USA Property

DeSantis wants property tax relief for Florida homeowners. See plan

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...
Upcoming Investments

Majority surveyed want Poilievre to get security clearance, Carney to disclose investments

Two thirds of Canadians back Conservative Leader Pierre Poilievre getting a national security clearance, and nearly as many support Liberal Leader Mark Carney disclosing the scope and scale of his investments he recently put in a blind trust, according to a new national poll.The opinion survey on the personal choices of these two leaders, conducted last weekend for The Globe and Mail and CTV News by Nanos Research, found 66 per cent of respondents wanted or somewhat supported Mr. Poilievre joining the other federal party leaders in obtaining this status...
USA Property

Gov. DeSantis criticizes House for reinstating vetoed budget items

The governor lambasted House GOP lawmakers for not addressing 'pressing issues that Floridians care about.'DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis criticizes the Florida House's decision to reinstate four budget items he vetoed last year.DeSantis urges the legislature to prioritize issues like condo insurance reform, medical freedom, and E-Verify instead.The Senate has yet to decide whether to support the House's budget veto overrides.Gov. Ron DeSantis isn’t happy with Florida House...
Upcoming Investments

What they’re saying about Hyundai’s $5.8 billion investment in Ascension

"Louisiana wins again," was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish.President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news for the state and region, which had not been seen at such a magnitude since the governor and Facebook's parent company, Meta, announced a large artificial intelligence data center in northeastern Louisiana.The first-of-its-kind Hyundai project was...
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