Tag: Donald Trump
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...
Fed raises rates, trims forecast for hikes in 2019 to two
WASHINGTON – The Federal Reserve raised borrowing costs for the fourth time this year, ignoring a stock-market selloff and defying pressure from President Donald...
Federal debt is surging at fastest pace since 2012
NEW YORK - United States government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails...
New Opportunity Zone program could help banks meet CRA requirements
Included in the 2017 $1.5 trillion federal tax overhaul heralded by President Donald Trump and passed by Congressional Republicans was the Opportunity Zone program.
Encouraging...
U.S. trade gap widens to 10-year high amid China tensions
NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
U.S. stocks battered by trade, yield concerns
NEW YORK - United States stocks plunged, with the Dow Jones Industrial Average tumbling more than 800 points, as a litany of concerns wiped out...
NAMIC: Disaster-mitigation efforts shouldn’t end with hurricane season
PROVIDENCE – The Atlantic hurricane season just ended, but the National Association of Mutual Insurance Companies is urging government policymakers to stay focused on...
Stocks rally on trade optimism; Curve flattens
NEW YORK - Stocks rallied after the United States and China declared a truce in their trade war, while the dollar weakened and oil...
Mnuchin says China agrees to lower auto tariffs; Beijing silent
NEW YORK - U.S. Treasury Secretary Steven Mnuchin said China has agreed to remove tariffs on imported automobiles but declined to detail the specifics of...
Trump said to advance seismic surveys for oil in Atlantic
NEW YORK - The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and gas under Atlantic waters, despite...
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