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Lily Chang

3006 Posts
Oct
28
2024
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By Lily Chang
Trump’s proposal to replace income taxes with tariffs

Trump’s proposal to replace income taxes with tariffs

Social Responsibility
In a recent interview with Joe Rogan, former President Donald Trump discussed his plan to eliminate income taxes, suggesting tariffs as a replacement. Rogan questioned the feasibility of this idea during their long conversation. Trump defended the proposal, arguing that tariffs would prevent foreign nations from undermining American jobs and industries. His economic agenda includes a major tax overhaul, with the aim of dismantling the current income tax system in favor of a rigorous tariff policy. His plan includes removing taxes on tips, overtime and Social Security benefits, while extending the 2017 tax cuts beyond the 2025 deadline. He is…
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Oct
28
2024
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By Lily Chang
The unique position of the Army-Navy game

The unique position of the Army-Navy game

Politics
The Army-Navy game is a unique fixture in college football, celebrated for its history and intense rivalry. It's the only game scheduled for the Saturday after the conference championship weekend in December. Traditionally, this meeting did not affect the ranking or prospects of the national championship. This year presents a different scenario. Both service academies are undefeated and ranked, making them strong contenders for the 12-team College Football Playoff if they can secure the American Athletic Conference (AAC) title. Army, ranked No. 1, boasts a 7-0 record, while Navy, ranked No. 24, holds a 6-0 record. However, the playoff lineup…
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Oct
26
2024
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By Lily Chang
Key premarket movers: American Express, Procter & Gamble, Netflix, and CVS Health among notable stocks

Key premarket movers: American Express, Procter & Gamble, Netflix, and CVS Health among notable stocks

Investments and Business
In today's pre-market trading, several large companies including American Express, Procter & Gamble, Netflix and CVS Health showed significant stock movements, attracting the attention of investors and analysts. These movements occur against a backdrop of fluctuating market conditions and are crucial for stakeholders wanting to understand underlying trends and potential implications. The American Express stock recorded a slight decline, attributable to various market dynamics. Meanwhile, Procter & Gamble also saw its shares tumble, reportedly due to earnings that fell short of market expectations, particularly in terms of revenue. This indicates a potential reassessment of consumer goods company valuations amid current…
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Oct
26
2024
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By Lily Chang
Title: Washington Post’s shift in electoral endorsements sparks debate

Title: Washington Post’s shift in electoral endorsements sparks debate

Politics
In a significant departure from tradition, The Washington Post has announced that it will refrain from supporting any candidate in the upcoming presidential election. This decision marks a departure from decades of practice and sparked immediate controversy. An article published Friday detailed that the editorial team had initially prepared to support Democratic candidate Kamala Harris over Republican candidate Donald Trump. However, the decision to deny approval was reportedly made by Jeff Bezos, owner of the newspaper and founder of Amazon. Throughout his presidency, Trump has been openly critical of both Bezos and the Post. Notably, Amazon claimed in a 2019…
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