Companies already are paying well below the 20 percent tax level targeted in the Republican reform plan, according to Yardeni Research. » Read More
By: Hailey Lee
Despite bitcoin's immense gain in popularity, Wall Street's top economists and market strategists remain unconvinced. » Read More
By: Steve Liesman
CNBC's Steve Liesman reveals Fed insights from CNBC's latest survey of money managers, strategists and economists. » Read More
U.S. producer prices rose in November as gasoline prices surged and the cost of other goods increased. » Read More
Individuals unlikely to see a boost in disposable income, hence, there is unlikely to be a large increase in consumer demand.
President Trump hailed Broadcom's decision to bring its headquarters to the U.S., but if its takeover bid for Qualcomm goes through it may cost jobs.
In its quarterly survey, the National Association of Manufacturers found 94.6 percent of CEOs were positive about their company's outlook.
The Treasury projects that the Republican tax plan would boost the real GDP growth rate to 2.9 percent over 10 years.
The bigger a small business is, the more bullish it is on Trump's tax reform plan, the CNBC/SurveyMonkey Small Business survey reveals.
The CNBC/SurveyMonkey Small Business Survey saw a relation between confidence and the prospect that tax reform will become law by year-end.
Chuck Grassley says the GOP still needs to compromise on the treatment of the alternative minimum tax and state and local tax deductions.
The incoming Fed chair appears set to let an expected tax cut run its course as weak wage growth and inflation buttress his view that the economy remains underpowered.
The Federal Reserve Bank of New York will soon narrow its search for candidates to fill what is considered the Fed's second-most powerful job.
The 228,000 jobs created formed a solid foundation, but the moribund 2.5 percent wage growth left many scratching their heads.
November's solid jobs gain and modest wage growth show a strong economy with still low inflation, a perfect recipe for stock market gains.
Trump administration officials are concerned about the lack of wage growth in the economy, White House economic advisor Gary Cohn says.
The U.S. economy created 228,000 jobs in November while the unemployment rate held steady at 4.1 percent, according to the Labor Department.
Critics of the Republican-sponsored plan say companies will use the windfall to reward investors with share buybacks and dividends.
Employers are expected to have added about 200,000 jobs in November and wage growth was seen as strong, reinforcing a Fed rate hike
Household wealth rose nearly 2 percent in Q3 and is near double the level it was during the financial crisis, according to Fed data.
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