February 02,2022 Flawed proposal would cost U.S. jobs, weaken supply chains Washington, D.C.–Republican members of the Senate Finance Committee, led by Ranking Member Mike Crapo (R-Idaho), urged Senate colleagues to reconsider efforts to implement a tax on financial statement income of U.S. companies, or a “book minimum tax,” detailing the […]

U.S. stocks bounced back Thursday from a turbulent previous session as investors weighed a series of upbeat earnings and a fresh read on weekly jobless claims out of Washington. The Nasdaq gained 1.74{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, recouping some losses from a volatile session on Wednesday that saw the benchmark close in correction territory […]

ImpressionRichard Clarida at a meeting in Wyoming in 2019. His up to date economic disclosures drew common media protection and lawmaker attention.Credit history…Jonathan Crosby/Reuters Richard H. Clarida, the Federal Reserve’s vice chair, announced on Monday that he would resign from his posture two months before than planned. Though he did […]

Stocks were mixed Thursday morning after equities did an about-face in the previous session, plummeting from record highs as investors mulled the likelihood of tighter Federal Reserve policy and interest rate hikes as soon as March. The Dow extended declines to turn negative year-to-date, while the S&P 500 and Nasdaq […]

U.S. stocks lost steam in a lackluster trading session on Friday, as major indexes closed the last day of 2021 marginally lower, but still within striking distance of record highs made during a banner year. The S&P 500 treaded water during the session but closed out 2021 up 27{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}, marking […]