Corporate Tax Revenue Falls Even as Profits Soar Under Trump

New York Times - Oct 17, 2026

The annual decline was about $70 billion. Companies are writing off billions in A.I. investments, taking advantage of tax cuts that President Trump signed into law.

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Watch: Did Tesla really just unveil a flying car?

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In this episode of BizTalk, CGTN's Guan Xin speaks with Zlatko Lagumdzija, former prime minister of Bosnia and Herzegovina, about China's development and its role in global governance.

When Will the Fed Move on Rates?

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When Will the Fed Move on Rates?

Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month. But persistent inflation may force the Fed’s hand.

Banks expect to be hit with higher taxes in Budget

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Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.

Foreign diplomats explore Ningxia's specialty industries

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BizDataDive: China steps up talent training and skills development

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China has prioritized talent training and workforce skill development in recent years, achieving both impressive quantity and a high degree of quality in personnel trained.

Feel Like You’re Overpaying for Hotels? Blame Expedia, a New Lawsuit Says.

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Feel Like You’re Overpaying for Hotels? Blame Expedia, a New Lawsuit Says.

The booking giant is accused of breaking federal antitrust laws and forcing millions of customers to overspend on stays by as much as 30 percent.

Tesla Debuts 2026 Roadster ‘Flying’ Electric Sports Car

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Tesla Debuts 2026 Roadster ‘Flying’ Electric Sports Car

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Trump Hasn’t Lowered Drug Prices for These Voters

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Trump Hasn’t Lowered Drug Prices for These Voters

President Trump has been promoting his efforts to reduce drug prices, but many Americans have not seen relief from rising costs for prescriptions and insurance premiums.

Tim Cook: I'm awestruck by China's dynamism, vibrancy & optimism

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Tim Cook was bursting with appreciation for China during his recent visit. Apple's executive chairman spoke in glowing terms about China's dynamism and vibrancy, reserving special praise for its AI ecosystem and how much optimism for the future it was inspiring.

Dubai Chambers Chairman upbeat on China-Dubai trade ties

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Dubai Chambers Chairman upbeat on China-Dubai trade ties

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