Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

Key Points

Legislation championed by President Donald Trump would give the top 1% of U.S. households an average tax cut of about $66,000, according to the Institute on Taxation and Economic Policy.
The highest earners in Wyoming, South Dakota and Texas stand to get a tax cut of more than $100,000 from the bill, formerly called the One Big Beautiful Bill Act.
Overall, lower earners would lose money due to a smaller tax cut and changes to Medicaid and SNAP, analyses have found.

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Greg Abel is shaking up Berkshire Hathaway’s portfolio. These stocks could be affected

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AST SpaceMobile shares drop after its satellite is placed in wrong orbit by Bezos’ Blue Origin

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Key Points Blue Origin acknowledged the satellite was placed into a lower-than-planned orbit, but hasn’t commented since it was deemed lost. Analysts expect limited impact on AST SpaceMobile’s finances, but worry the news could dent investor sentiment on the stock. Source

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Stocks making the biggest moves premarket: American Airlines, Marvell Technology, Strategy & more

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Check out the companies making the biggest moves premarket: Airlines — The group was under pressure Monday as investors worry that renewed U.S.-Iran tensions will keep energy prices elevated and push consumers to travel less. American Airlines , Delta Air Lines and United Airlines were all down more than 2% before the bell. JetBlue Airways […]