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Nineteen billionaires release a letter asking the 2020 presidential candidates to support a tax on America's richest families.Economyread more
The Trump administration had argued the president has wide-ranging authority over national security matters.Politicsread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
Gold surged to its highest level in nearly six years on Monday as the prospects of lower Federal Reserve rates and lingering geopolitical tensions between the U.S. and Iran...Marketsread more
Amazon announces the opening of the Amazon Professional Beauty Store to offer professional stylists, barbers and aestheticians beauty supplies typically found in salons and...Marketsread more
Goldman Sachs says there's still life left in value investing, especially with the Federal Reserve set to cut rates again.Marketsread more
Bitcoin is approaching its highest level in more than a year after soaring above the $11,000 level this weekend.Bitcoinread more
McDonald's says it gained market share in the informal-eating-out category for the first time in five years, thanks to its nationwide launch of fresh beef.Restaurantsread more
Six women are running for president. Five of them are career politicians. Then there's Oprah-approved self-help guru Marianne Williamson.2020 Electionsread more
President Donald Trump urged Congress on Wednesday to act quickly on his tax reform plan, which has yet to be fully revealed.
In a tweet, Trump said the approval process for "the biggest Tax Cut & Tax Reform package in the history of our country will soon begin. Move fast Congress!"
Trump said in a later tweet that tax cuts and reform are "needed more than ever before."
Tax reform is key to Trump's economic agenda, but the administration has faced several hurdles trying to move it forward, including intraparty fighting.
Expectations of tax reform have also helped lift the U.S. stock market since Trump's election. The S&P 500 has added more than $2 trillion in market value since Nov. 8.
After the first tweet Wednesday, Trump said in a White House statement that a bipartisan meeting with senators regarding tax reform was "highly productive, and will spur constructive discussion moving forward."
Treasury Secretary Steven Mnuchin said Tuesday that a tax overhaul can be finished this year. At the CNBC-Institutional Investor Delivering Alpha conference, he also said the administration is considering backdating tax reform to the start of this year to boost the economy.