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THE TRUMP ADMINISTRATION announced another round of tariffs that will affect roughly $200 billion in Chinese goods. / BLOOMBERG FILE PHOTO/QILAI SHEN

Trump ratchets up tariff pressure on China with $200B hit

NEW YORK - The Trump administration will slap a 10 percent tariff on about $200 billion in Chinese goods next week, and more than double...
IN AN EFFORT to help Americans determine if the amount of federal taxes being withheld from their pay is accurate under the new tax law, the U.S. Treasury Department Wednesday unveiled an online calculator, which is available at irs.gov. / BLOOMBERG FILE PHOTO/DANIEL ACKER

Tax cut calculator unveiled by Treasury to verify withholding

NEW YORK - The U.S. Treasury Department unveiled an online calculator Wednesday to help Americans determine whether the amount of federal taxes being withheld from...

Republican tax plan emboldens stock bulls while economists fret

Economists or stock market analysts – whom are you going to believe? Whether you take the view that tax cuts will be a boon for...
THE U.S. TREASURY MAINTAINED a $62 billion long-term debt for the sixth straight quarter and predicted a rising need for more borrowing in the coming quarters. / BLOOMBERG FILE PHOTO/JULIA SCHMALZ

Treasury maintains borrowing, notes outlook for rising needs

NEW YORK - The U.S. Treasury Department said it will maintain the issuance of longer-term debt for the sixth straight quarter at $62 billion...
A FRAMEWORK FOR a tax overhaul bill is expected to be released as soon as this week. Above, Treasury Secretary Steven Mnuchin. /BLOOMBERG FILE PHOTO/ANDREW HARRER

Tax plan framework is said to possibly go public this week

NEW YORK - A set of broad guidelines on a tax overhaul bill could be released as early as this week, according to people...
BANK OF AMERICA MERRIL LYNCH said that proposed individual tax reform could take years to implement if they pass. /BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Individual tax reform may take `two or more years,’ Says BofA

NEW YORK - The sweeping changes the Trump administration hopes to make to individual taxes will likely be a long time coming, Bank of America...
CAPITAL ONE FINANCIAL CORP. was the only one of the 34 major U.S. banks that underwent the annual Federal Reserve stress test that is being required to file a follow-up plan with the central bank. / BLOOMBERG NEWS FILE PHOTO/CRAIG WARGA

Capital One must resubmit plan as 33 banks ace Fed tests

NEW YORK – Capital One Financial Corp. was alone among big U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional...
U.S. TREASURY SECRETARY Steven Mnuchin said neither he, nor the treasury, are not in favor of breaking up major U.S. banks as part of economic policy. Above: An aerial view of Lower Manhattan on Friday, June 19, 2015. BLOOMBERG / CRAIG WARGA

Breaking up big banks would be `huge mistake,’ Mnuchin says

NEW YORK - Treasury Secretary Steven Mnuchin said breaking up the biggest banks would be a “huge mistake,” easing concerns that the Trump administration plans...

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