As the weekend comes to a close, let’s take a look at the top stories that shaped the week. From a former senator’s skepticism about President Joe Biden’s tax proposal to the Fed’s inflation indicator, here’s a quick recap of the key events that unfolded. Former Senator Dismisses Biden’s Capital Gains Tax ProposalFormer Democratic senator, Heidi Heitkamp, has expressed doubts about the likelihood of President Joe Biden’s proposed 44% capital gains tax passing. The proposal, part of the Fiscal Year 2025 Budget, aims to raise long-term capital gains and qualified dividends rates to 37% for taxpa…
