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Pence Presses CEOs to Help Sell Tax Overhaul

Pence Presses CEOs to Help Sell Tax Overhaul

Vice President Mike Pence said he believes that Republicans will secure the votes to pass a tax overhaul that is now making its way through Congress, whatever the outcome of the volatile senate race in Alabama.

Published 7 months ago

Republicans Seek to Derail Roy Moore and Salvage Senate Seat

Republicans Seek to Derail Roy Moore and Salvage Senate Seat

Republicans, seeking to head off the first Senate Democratic victory in Alabama in decades, are grasping for ways to derail their nominee, Roy Moore, whose campaign has been engulfed by allegations of sexual misconduct.

Published 7 months ago

High-Yield Canary Isn’t Singing About Markets Doom

High-Yield Canary Isn’t Singing About Markets Doom

An autumn pullback in the junk-bond market is centered in the telecommunications sector, where fierce competition for users is pressuring the finances of many large debt issuers.

Published 7 months ago

McConnell Says Roy Moore Should Abandon ’Collapsing’ Senate Bid

McConnell Says Roy Moore Should Abandon ’Collapsing’ Senate Bid

Senate Majority Leader Mitch McConnell deepened his bid to persuade Republican Senate contender Roy Moore to drop out of the race for an open Alabama Senate seat.

Published 7 months ago

Trump Wraps Up Asia Trip Focused on Personal Ties

Trump Wraps Up Asia Trip Focused on Personal Ties

At each stop on his 12-day, five-country Asia tour, President Donald Trump emphasized one aspect of his visit above all else: his personal rapport with the heads of state who hosted him.

Published 7 months ago

Senate GOP Tax Plan to Include Repeal of Health Law Individual Mandate

Senate GOP Tax Plan to Include Repeal of Health Law Individual Mandate

Senate Republicans signaled they would seek a repeal the Affordable Care Act requirement that most Americans must have insurance coverage as part of their tax-overhaul package.

Published 7 months ago

Critics Hit GOP Tax Plan for Small Businesses, Partnerships, Developers

Critics Hit GOP Tax Plan for Small Businesses, Partnerships, Developers

Lawmakers and tax lawyers are raising doubts about a crucial piece of the Senate tax plan that would affect small businesses, partnerships and real-estate developers.

Published 7 months ago

The Class of 1994, Venezuela’s Golden Generation, Is Fleeing the Country

The Class of 1994, Venezuela’s Golden Generation, Is Fleeing the Country

Raised during a time of prosperity to become doctors and lawyers and engineers, alumni from an elite Caracas high school are abandoning their homeland. They are among the two million who have left after the Hugo Chávez revolution ushered in economic collapse and a crackdown on democracy.

Published 7 months ago

Venezuelan Bonds at Standstill Following Default Determination

Venezuelan Bonds at Standstill Following Default Determination

Venezuelan bonds, already trading at distressed levels, were at a near standstill Tuesday a day after a credit-rating firm declared the nation in default on missed interest payments.

Published 7 months ago

When Your Company Makes You Queasy

When Your Company Makes You Queasy

Leaving for another job isn’t always an easy option. Even if you stay put, there are ways to keep your head up.

Published 7 months ago

America’s Fund Companies Argue Proposed Tax Change Will Cost Investors

America’s Fund Companies Argue Proposed Tax Change Will Cost Investors

Some of the largest fund companies in the country are pushing back against a little-noticed provision in the Senate tax bill they argue will cost investors millions.

Published 7 months ago

White House Considers Former Pimco CEO Mohamed El-Erian for Fed Vice Chairman Post

White House Considers Former Pimco CEO Mohamed El-Erian for Fed Vice Chairman Post

The White House is considering economist Mohamed El-Erian as one of several candidates to potentially to serve as the Federal Reserve’s vice chairman, according to a person familiar with the matter.

Published 7 months ago

Cohn: ‘We’ve Got to Get Taxes Done This Year’

Cohn: ‘We’ve Got to Get Taxes Done This Year’

Gary Cohn, the president’s top economic adviser, said Tuesday he is confident Congress will pass a sweeping tax overhaul, adding that lawmakers need to act before year’s end.

Published 7 months ago

Is the GOP Tax Plan Likely to Raise or Lower Your Taxes?

Is the GOP Tax Plan Likely to Raise or Lower Your Taxes?

A look at how the Senate Republican tax plan would affect tax filers in different income brackets, based on analysis by the nonpartisan Joint Committee on Taxation.

Published 7 months ago

Three UCLA Basketball Players Set to Leave China

Three UCLA Basketball Players Set to Leave China

Three UCLA basketball players detained for a week in China were set to fly back home late Tuesday, hours after U.S. President Donald Trump said he had requested assistance on their behalf from his counterpart Xi Jinping.

Published 7 months ago