U.S. Senate Democrats on Wednesday lashed out at Republican President Donald Trump's tax overhaul of December 2017, warning that it contains "gigantic loopholes" that could encourage companies to move.. Reuters
According to Reuters, House Republicans and the Trump administration are planning another deficit-financed tax-cut plan. House tax committee Chairman Kevin Brady says his panel and the White House are..
Democrats who complained that the first phase of tax reform legislation did not include permanent tax cuts will have their chance to make that happen, House Ways and Means chairman Rep. Kevin Brady.. Newsmax
· *There is a fundamental case for a strong dollar currently.*
· *Tokyo has picked up the batton and bulls have scored territory through 113 the figure.*
Fed Chair Powell’s upbeat testimony.. FXstreet.com
Analysts at Westpac noted in a market wrap that US equities rose, led by the technology sector, (the NASDAQ index up 0.6% to a fresh record high).
"The US dollar and short-term.. FXstreet.com
Julio Gonzalez, tax reform expert and CEO of Engineered Tax Services Inc., hosted a fundraiser reception for Representative Jim Renacci on June 22, 2018. Jim Renacci has served in Congress for eight.. PRWeb
BlackRock CEO Laurence Fink warned Monday that a sustained trade war could cause markets to tumble. During a discussion of BlackRock’s second-quarter earnings, Fink said that investors in both Europe.. SFGate
US Retail sales data released today showed a rise in line with expectations and positive revisions to previous month numbers. According to analysts at Wells Fargo, the revisions to May were more.. FXstreet.com
WASHINGTON (AP) — The International Monetary Fund is keeping its forecast for global economic growth unchanged at 3.9 percent this year despite worries about rising trade tensions and higher oil.. SeattlePI.com
· *Options traders are underestimating the volatility that could arise as companies report second-quarter earnings, according to a team of strategists at Goldman Sachs. *
· *They're recommending a.. Business Insider
Tax reform, also known as the Tax Cuts and Jobs Act, moves the United States toward a hybrid territorial system. Background Under the prior taxation system, U.S. companies were taxed on their worldwide.. bizjournals
DETROIT (AP) — Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. But a majority of the economists surveyed by the National.. SeattlePI.com Also reported by •Seattle Times