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S&P 500 COMPANIES have saved an estimated $12.8 billion due to the recent adjustment to their effective tax rates. / BLOOMBERG

Corporate America is saving big on Trump tax-cut windfall

Economic Activity 04/30/2018

NEW YORK - America’s companies are swimming in cash thanks to the big cut in the corporate tax rate. The roughly 180 companies in the S&P...

GDP growth eased to 2.3 percent for the first quarter, drawn down by a slowdown in consumer spending growth. / BLOOMBERG FILE PHOTO/SCOTT MCINTYRE

U.S. growth cools to 2.3% as gains in consumer spending ease

Economic Activity 04/27/2018

NEW YORK - United States economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business...

JAY CLAYTON is chairman of the U.S. Securities and Exchange Commission, which recently proposed to overhaul its conflict of interest rules for brokers. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump’s SEC proposes rewrite of Obama-era broker conflict rules

Financial Services 04/18/2018

NEW YORK – The U.S. Securities and Exchange Commission on Wednesday proposed overhauling its conflict of interest rules for brokers, a move likely ensuring...

THE TRADE CONFLICT between the United States and China, the two largest economies in the world, appears to be easing. Shipping containers stand in a terminal at the Yangshan Deep Water Port in Shanghai in March. / QILAI SHEN/BLOOMBERG NEWS PHOTO

Trump weighs rejoining TPP as he tones down China trade threat

Government 04/12/2018

WASHINGTON – President Donald Trump told lawmakers he is considering rejoining the Trans-Pacific Partnership, the free-trade deal he withdrew from shortly after taking office,...

BETTER TO BUY A BOAT? The Trump administration has rolled back Obama-era fuel efficiency standards for automobiles, something that had been put in place expressly to combat the increasing severity of weather events brought on by climate change. Will the rollback lead to even more extreme weather? / PBN FILE PHOTO/FRANK MULLIN

Do you agree with the rollback of automobile efficiency standards that...

Government 04/08/2018

In reversing another Obama-era rule, the Trump administration has rolled back the automobile fuel efficiency standards that were set to be in effect through...

THE S&P 500 INDEX plunged more than 2 percent and all 30 members of the Dow Jones Industrial Average retreated as President Donald Trump ordered a review of additional tariffs on China. / BLOOMBERG

Stocks tumble more than 2% on Trump trade jabs

Economic Activity 04/06/2018

NEW YORK - U.S. stocks ended the week with a deep selloff, leaving them lower the for the five days as the White House’s latest...

Manufacturing jobs are still pretty good jobs

Advice 04/06/2018

In November 2014, the average hourly pay of production and nonsupervisory workers in durable goods manufacturing fell behind that of their peers in the...

Kilmartin joins coalition opposing latest travel ban

Government 04/06/2018

PROVIDENCE – A coalition of 17 attorneys general, including Rhode Island, has filed a new amicus brief in the U.S. Supreme Court opposing President...

PRESIDENT DONALD TRUMP speaks next to the $1.3 trillion spending bill H.R. 1625 in the Diplomatic Room of the White House in Washington, D.C., on Friday. / BLOOMBERG PHOTO/ANDREW HARRER

Trump says he’s signed spending bill, reversing veto threat

Government 03/23/2018

NEW YORK – President Donald Trump said he has signed a spending bill, the Fiscal Year 2018 Omnibus Appropriations Act, funding the federal government...