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Senate Democrats warn of 'gigantic loopholes' in Trump tax cuts

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..

Larry Kudlow: No recession in sight, maybe not until 2024

Some economists warn that President Donald Trump's trade war with China and deficit-financed tax cuts will speed the arrival of a recession.

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Trump says he misspoke in Helsinki [Video]Trump says he misspoke in Helsinki

U.S. President Donald Trump, grappling with a torrent of criticism over his performance at a Helsinki summit with Russian President Vladimir Putin, said on Tuesday he misspoke at their joint news..

Reuters Studio -

Trump Meets With House Republicans To Discuss Tax Cuts [Video]Trump Meets With House Republicans To Discuss Tax Cuts

According to a report by Reuters, President Donald Trump is scheduled to discuss the possibility of more tax cuts with Republicans from the US House of Representatives on Tuesday, aimed at making..

Wochit -

Powell Says Tax Cuts to Support Economy for at Least Next Two Years [Video]Powell Says Tax Cuts to Support Economy for at Least Next Two Years

Jul.17 -- Federal Reserve Chairman Jerome Powell discusses how tax cuts are providing support to the U.S. economy. He spoke during testimony before the Senate Banking Committee.

Bloomberg Global Business -

WATCH: Consumer deals with uncertainty, steepest prices in four summers at gas pump [Video]WATCH: Consumer deals with uncertainty, steepest prices in four summers at gas pump

WATCH: Rising gas prices are cutting into consumer savings from federal tax cuts, and geopolitical plot twists have muddied forecasts for the remainder of the summer.

NYDN tronc -

Republicans Planning More Tax Cuts Before Midterms [Video]Republicans Planning More Tax Cuts Before Midterms

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..

Wochit -

Vice President Mike Pence In Chicago To Promote Tax Cuts, Support Rep. Peter Roskam [Video]Vice President Mike Pence In Chicago To Promote Tax Cuts, Support Rep. Peter Roskam

Vice President Mike Pence spent part of the day on the campaign trail raising money for 6th District Congressman Peter Roskam.

CBS 2 Chicago -


Rep. Brady: Dems Will Get Chance to Make Tax Cuts Permanent

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..

Trump: 'Democrats Wished They Voted for the Tax Cuts'

President Donald Trump touted the country's "booming" economy in the wake of a bullish fed report, tweeting that "Democrats wished they had voted for the tax cuts."

Trump Gives Shoutout to Brian Kilmeade for Saying Democrats Regret Opposition to GOP Tax Cuts

*Donald Trump* is getting his executive briefing through the television again.

FOX NEWS FIRST: Trump clarifies Russia comments, slams ex-CIA director Brennan; Inside tax cuts 2.0

Plus, James Comey urges Americans to vote Democrat in the midterms

USD/JPY: yearly high is the main resistance/bullish target at 113.38

· *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..

Market wrap:US equities rose, led by the technology sector - Westpac

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). *Key Quotes:* "The US dollar and short-term..

Julio Gonzalez, Tax Reform Expert, Supports Congressman Jim Renacci

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..

4 "blue" states sue over GOP tax cuts

Four states are suing the federal government over last year's income tax cuts, claiming they usurp state authority
CBS News

Prolonged trade war could set off a market slide, BlackRock’s Fink says

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..

US: Retail sales up solidly in Q2 - Wells Fargo

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..

IMF: World economy likely to grow 3.9 percent this year

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..

Goldman Sachs singles out an earnings-season strategy that's consistently raked in profits for over 2 decades

goldman sachs singles out an earnings-season strategy that's consistently raked in profits for over 2 decades
· *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

How technology companies can benefit from the U.S.’ move to a hybrid territorial tax system

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..

Survey of economists: US sales and employment likely to grow

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

Honkamp Krueger to Speak at JIB-NFA Conference

Honkamp Krueger & Co., P.C. will be facilitating speaking presentations at the JIB-NFA Conference in Paradise Islands, Bahamas from July 15 – July 20, 2018. MADISON, Wis. (PRWEB) July 14,..

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