Donald Trump sought to connect his presidency to the nation’s prosperity in his first State of the Union address, arguing that the U.S. has arrived at a “new American moment” of wealth and opportunity.The president largely dispensed with his trademark antagonism in a bid for bipartisanship, portraying his administration --
Tag: Tax Cuts
It Was the Best Week for Stocks in a Year
It always looks inevitable in retrospect.Why wouldn’t U.S. stocks rally, surging to the biggest weekly gain in a year, amid earnings euphoria like this? With no hint of fatigue, the S&P 500 Index spent the holiday-shortened week rolling past 2,700, while the Dow Jones Industrial Average jumped over 25,000. Ninety-eight
Congress Sends Trump Tax-Cut Bill in First GOP Legislative Win
House Republicans passed the most extensive rewrite of the U.S. tax code in more than 30 years -- hours after the Senate passed the legislation -- handing President hiccup -- sent a bill to the president that provides a deep, permanent tax cut for corporations and shorter-term relief for individuals. Not
McCarthy Says House Will Have to Vote Again: Tax Debate Update
Congressional Republicans kicked off the final leg of their six-week legislative sprint to overhaul the U.S. tax code and deliver a major policy victory for President click here.Here are the latest developments, updated throughout the day:McCarthy Says House Will Have to Vote Again (4:48 p.m.) House Majority Leader Kevin McCarthy
