Republican Senators Consider $30,000 SALT Cap in Trump Tax Bill

Published on June 12, 2025

They are trying to reduce the House-passed $40,000 SALT limit, Sen. Thom Tillis says.

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Producer Price Index: Wholesale Inflation Cooler Than Expected in May

June 12, 2025
Wholesale inflation heated up in May but was still cooler than anticipated. The producer price index for final demand was up 0.1% month-over-month after falling 0.2% in April. This was lower than the expected 0.2% growth.

RIAs of the Future Will Be Focused on Growing Revenue, Not Just Assets

June 12, 2025
RIA and investment leaders at Wealth Management EDGE said future-ready firms will expand revenue via adjacent services and cultivate second-generation advisors through tactics including equity stakes.