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U.S. CHAMBER OF COMMERCE President Thomas Donohue urged the president to resolve his differences with Congress over a border wall and ease tariffs in the chamber's annual address. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Top U.S. business lobby takes on Trump over shutdown, trade

NEW YORK - The U.S. Chamber of Commerce took on President Donald Trump over the partial government shutdown and trade tensions, urging him to resolve...

Federal banking regulators issue bulletin on new student loan program

PROVIDENCE – The Treasury Department has issued a bulletin to banks and other financial institutions apprising them of new legislation that allows them to...
THE IRS WILL issue refunds to taxpayers even if the U.S. government shutdown extends into the filing season, according to the White House Office of Management and Budget. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

IRS will pay refunds during government shutdown, official says

NEW YORK - The Internal Revenue Service will issue refunds to taxpayers even if the U.S. government shutdown extends into the filing season, a decision...
PRESIDENT DONALD TRUMP confirmed Friday that he told congressional leaders he’d keep the government closed for a year or longer if Democrats refuse to provide more money to construct a wall on the border with Mexico./ BLOOMBERG NEWS FILE PHOTO/OLIVIER DOULIERY

Trump says he threatened to keep government closed for years

NEW YORK - President Donald Trump confirmed that he told congressional leaders he’d keep the government closed for a year or longer if Democrats refuse...

Wall Street watchdog blames ‘algo trading’ for stock market volatility

PROVIDENCE – A Wall Street watchdog group wants to put a stop to so-called “algo trading” that it says is playing havoc with the...

U.S. stocks end worst year since financial crisis

NEW YORK – U.S. stocks ended the worst year since the financial crisis with a narrow gain in thin pre-holiday trading. Treasuries rose to a...

Back from dead or dying gasp? Giant rally gets bull...

NEW YORK – Bludgeoned for weeks, a bull market is left for dead, its fate seemingly sealed as session after session of red ink show no...
A WALL GROWS: The existing U.S.-Mexico border wall in Tijuana, Mexico, is only a physical manifestation of the growing wall in the local body politic over the nation’s immigration policies and enforcement. 
 / BLOOMBERG 
NEWS PHOTO/
ALEJANDRO CEGARRA

Shutdown enters third day with no urgency to reopen government

WASHINGTON – As the partial U.S. government shutdown enters a third day, lawmakers have left Washington for the Christmas holiday with no sign of...
COUNTER TO WHAT MIGHT BE EXPECTED, a federal government shutdown actually costs taxpayers more money than it saves. / BLOOMBERG NEWS FILE PHOTO

Here’s why closing the government actually costs taxpayers money

WASHINGTON – Even though paychecks would stop going out to hundreds of thousands of workers, shutting down the federal government actually costs money –...
THE UNITED STATES' largest companies protected their profits following the 2017 tax cuts by using their savings to offset risings costs, including for labor, transportation and imports. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Tax cut billions fail to spur spending as CEOs safeguard profits

NEW YORK - Critics of President Donald Trump’s tax law centerpiece - slashing the corporate rate - argued the savings wouldn’t spur big companies...
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