Feb 03, 2024

I recently came across news about the U.S. House of Representatives voting in favor of a $78 billion tax deal, which includes an expanded child tax credit and various tax breaks for businesses. This could have significant implications for individuals and business owners. Additionally, there was a discussion about the rising trend of “finfluencers” on social media, raising questions about the trustworthiness of their financial advice.

In another piece of news, there was a report on how artificial intelligence (AI) is changing personal finance for homeowners. The article highlighted the potential for AI-based platforms to become a valuable resource for new homeowners, providing guidance on financial matters and home renovation projects. Furthermore, the newsletter mentioned the shutdown of the popular budgeting app, Mint, and provided alternative budgeting apps for individuals looking to manage their finances.

The newsletter also touched on the topic of antitrust enforcement, noting that both the Biden and Trump administrations have demonstrated a willingness to use government levers to prevent big businesses from getting bigger through acquisitions. This could have implications for dealmakers and businesses in the future, regardless of the election outcome. Overall, the newsletter provided a broad range of financial news and insights, covering topics such as taxes, personal finance, and regulatory matters.

Stay Well!