Tag: Donald Trump
U.S. budget gap widens to $747B in 9 months through June
WASHINGTON – The United States budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising...
White House pulls the plug on proposed drug-rebate overhaul, CVS stock...
WASHINGTON – The White House abandoned a push to end rebates paid to middlemen who negotiate drug prices on behalf of health insurers, a...
Trump funds pilot program for military veteran small-business owners
PROVIDENCE – The U.S. Small Business Administration is partnering with the Veteran Entrepreneurial Training and Resource Network to establish a pilot training program for...
For first time, renewables surpass coal in U.S. power mix
NEW YORK – For the clearest sign yet that renewable energy has gone mainstream, consider this: Clean-energy resources supplied more of America’s electricity than...
Trump order pushes for disclosure of secret health prices
NEW YORK – President Donald Trump called for hospitals to disclose to patients up front how much they charge for tests, surgeries and other...
Corporate America is repatriating a fraction of foreign profits
WASHINGTON – Corporations brought $100.2 billion of overseas profits back to the United States in the first quarter, marking $876.8 billion that has returned...
Fed scraps ‘patient’ rate approach in prelude to potential cut
WASHINGTON – The Federal Reserve indicated a readiness to cut interest rates for the first time in more than a decade to sustain a...
Trump’s tax law made Americans less charitable, nonprofits say
WASHINGTON – Americans gave less money to charities last year partly because the Republican tax law changes made many people ineligible for tax breaks...
R.I. manufacturers differ on USMCA regulations
With ratification of the United States-Mexico-Canada Agreement dragging on longer than expected, Rhode Island manufacturers’ outlook on the proposed deal is mixed.
Some say the...
Trump’s tariffs have wiped out most families’ tax cut gains
NEW YORK – President Donald Trump’s trade wars have already wiped out all but $100 of the average American household’s windfall from Trump’s 2017...
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