Why Aren'y Key Republicans Sold on Tax Bill?
Bloomberg's Erik Wasson discusses the latest on the Tax Bill as Speaker Johnson's Memorial Day deadline is days away. Wasson talks about the SALT Caucus stalling progress on the tax bill and the Medicaid proposals some members of the House Freedom Caucus are still looking into. Erik speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's 'Balance of Power.' (Source: Bloomberg)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Is the Vanguard 500 Index ETF the Smartest Investment You Can Make Today?
The Vanguard 500 Index ETF is a low-cost way to track the S&P 500 index. The S&P 500 is a simple way to track the broader U.S. stock market. The index trades at lofty levels today, but remains a great long-term strategy. 10 stocks we like better than Vanguard S&P 500 ETF › So far, 2025 has been a very volatile year for the stock market. The S&P 500 index fell into a correction early in the year and then quickly climbed out of that drawdown. While the recovery was nice to see, it also means that the S&P 500 index is back near its all-time highs. Is the S&P 500-tracking Vanguard 500 Index ETF (NYSEMKT: VOO) the smartest investment you can make today? The Vanguard 500 Index ETF is an exchange-traded fund (ETF). Much like a mutual fund, it allows many investors to pool their assets so they can hire a professional money manager to invest for them. The biggest difference is that mutual funds can only be bought and sold at the end of each trading day, while ETFs can be bought and sold all day long, just like a stock. As the Vanguard 500 Index ETF's name hints, it is an index fund that tracks the S&P 500. This index is the generally accepted benchmark for U.S. stocks. However, the index is really meant to track the U.S. economy. The 500 or so stocks in the index are selected by a committee, not for investment merit, but based on how well the overall collection of stocks represents the economy. The mix shifts and adjusts over time. The index is market-cap weighted, meaning the largest companies have the biggest effect on performance, just like in the broader economy. As for costs, the Vanguard 500 Index ETF has an ultra-low expense ratio of 0.03%. That is roughly one-third the cost of the first-ever S&P 500 index-tracking ETF, the SPDR S&P 500 ETF. Since the Vanguard 500 Index ETF and SPDR S&P 500 ETF do the exact same thing, that cost advantage makes the Vanguard 500 Index ETF the smarter choice. There are clearly better and worse times to invest in the S&P 500 index. Right now, with the market near all-time highs, is probably a worse time. There's a good chance that buying today will mean sitting on some near-term capital losses in the not-too-distant future. But that doesn't necessarily mean you shouldn't buy the Vanguard 500 Index ETF if you have some cash to put to work today. Notice the 2020 recession and bear market in the above chart. At the time, there was a massive amount of uncertainty because of the coronavirus pandemic. Yet, just five years or so later, the market has not only recovered all the ground it lost, but has moved notably higher. That drop just looks like a random bit of noise. Even if you'd bought the Vanguard 500 Index ETF right before that deep price decline, you would have made out OK. Stitching the view to the SPDR S&P 500 ETF because it has been around for longer allows an even greater appreciation of the S&P 500 index's historical growth. As the chart below shows, the recession and bear market after the turn of the century and deep downturn during the Great Recession also look like mere blips in 2025. This is the big point here. Buying the market has worked out well over time, even if you timed the purchase (shockingly) poorly. The key is to stay invested for the long term. Even better would be to reinvest your dividends so you can compound your returns. And even better still would be continuing to add cash at regular intervals to benefit from dollar-cost averaging. The big-picture goal is to start investing and keep investing for as long as possible. If you do that, history suggests you'll end up just fine. For some investors, the fun in all of this is picking individual stocks. But there are far more investors who don't want to do that because it is time-consuming and difficult. For investors who want to keep their investing lives simple, the Vanguard 500 Index ETF is a wonderful choice. That's as true today as it was just before the pandemic, the Great Recession, and the crash. Focus on the long term and just get started! Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy. Is the Vanguard 500 Index ETF the Smartest Investment You Can Make Today? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25 minutes ago
- Yahoo
DealMakerInsider.com Publishes a New White Paper with Expert Insights on How Private Equity Firms Assess Acquisition Opportunities
INDEPENDENCE, Ohio, June 10, 2025 /PRNewswire/ -- today announces the publication of an original white paper, What Makes a Business an Attractive Target: Inside the Mind of a Financial Acquirer. Authored by Tee Gwena, Managing Partner of Transora Partners, this exclusive article offers seasoned M&A advisors actionable insights into the key factors financial buyers consider when evaluating acquisition opportunities. Powered by M&A Source®, delivers curated content to help experienced advisors drive more success. Access to this content is provided free-of-charge. M&A Source is the preeminent professional association dedicated to lower middle market mergers and acquisitions. In his paper, What Makes a Business an Attractive Target: Inside the Mind of a Financial Acquirer, Mr. Gwena writes, "Often, sellers come to market with businesses built in a vacuum — shaped by habit, circumstance, or legacy rather than with an eventual acquirer in mind, yet alone a financial acquirer. If advisors can help bridge that gap by showing clients what financial buyers are actually looking for, they can drive better outcomes and position themselves as true strategic partners in an increasingly competitive M&A landscape." Tee Gwena is a Managing Partner at Transora Partners, a unique transition-focused investment firm providing capital and strategic advisory to founder-led and family-owned lower middle market businesses. In this article, Mr. Gwena shares expert insights for advisors on aligning their clients' businesses with investor expectations. Capitalizing on Buyer Demand How Acquirers Think What Makes an Attractive Target Practical Applications "At M&A Source®, our aim is to be the source of education, best practices, networking and deal sourcing for professionals engaged in lower middle market business transactions. Our educational portal, provides curated content for established advisors, who want to enhance their M&A acumen and elevate their success in the dealmaking arena." - Kylene Golubski, Executive Director, M&A Source Access these expert insights on About M&A Source M&A Source® is the leading not for profit association for individuals and firms engaged in lower middle market business transactions. The association provides education, benefits, conferences, support programs and networking opportunities, and awards the Mergers & Acquisitions Master Intermediary® (M&AMI®) designation to qualified advisors. For additional information, contact M&A Source directly at 216-243-0030. Facebook - Twitter - - - - View original content to download multimedia: SOURCE M&A Source Sign in to access your portfolio
Washington Post
27 minutes ago
- Washington Post
L.A. protests live updates: Trump calls up Marines, doubles Guard deployment; Newsom to sue again
In a sharp escalation, the Trump administration doubled its initial National Guard deployment to Los Angeles on Monday night, pushing the number of assigned military personnel to 4,800 — about 4,100 Guard troops and 700 Marines. California Gov. Gavin Newsom (D) called on President Donald Trump to 'Rescind your illegal order immediately' and pledged to file another lawsuit against the administration over sending in Marines, after California sued on Monday over the deployment of the Guard. Police and protesters faced off downtown as demonstrations over immigration raids continued. L.A. residents denounced the Trump administration's actions as an assault on the city's core values. California Gov. Gavin Newsom vowed to sue the Trump administration over its deployment of 700 Marines to Los Angeles Monday night. This lawsuit would be the second from California, which earlier Monday sued the Trump administration over its order to deploy 2,000 California National Guard troops to Los Angeles without the governor's consent. LOS ANGELES — The Pentagon on Monday ordered a battalion of 700 Marines to Los Angeles and mobilized an additional 2,000 National Guard troops as protests of the Trump administration's immigration policies spilled into a fourth day, escalating a confrontation between the White House and the country's most populous state.
