Walmart Inc. posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks. According to Reuters, the news sent shares surging. The rise is attributed to a jump..
A few U.S. companies that moved offshore in a wave of inversion deals are considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys.. Reuters
The threat of global trade wars continued to weigh on sentiment towards Chinese equities during July. However, US stocks have remained resilient. President Trump has always said that America could.. City A.M.
The American economy grew at its fastest rate since 2014 in the second quarter of this year, according to preliminary figures from the US Bureau of Economic Analysis (BEA).
While growth was 0.1 per.. City A.M.
As if he hasn’t done enough to disrupt global stability with his unprovoked trade war and verbal attacks on Nato and the EU, last Thursday President Donald Trump made the US Federal Reserve his.. City A.M.
Republicans in the U.S. House of Representatives unveiled an election-year tax plan on Tuesday that is unlikely to become law but could energize party voters this autumn by promising permanent tax cuts.. Reuters
Republican plans to build on last year's U.S. tax legislation include making individual and small business tax cuts permanent, expanding savings plans and giving breaks to start-up companies, according.. Reuters
U.S. Senate Democrats on Wednesday lashed out at Republican President Donald Trump's tax overhaul of December 2017, warning that it contains "gigantic loopholes" that could encourage companies to move.. Reuters
Normally bull markets are full of people who are optimistic. They radiate enthusiasm for economies and shares. They hunt down markets or individual stocks that look cheap compared to the rest and.. City A.M.
President Donald Trump and Republican U.S. lawmakers on Tuesday discussed another possible round of deficit-financed tax cuts, highlighting an initiative seen by some tax experts as an election-year.. Reuters
*Trump trade war threat*
A continued world recovery, led by the US with good support from Chinese growth among the emerging markets, is a positive backdrop for share markets. The Trump tax cuts and.. City A.M.
Bank of America's share price rose in early trading today after the lender reported higher revenues and profits than expected in the second quarter.
Net income rose to $6.8bn (£5.1bn), a rise of 33.. City A.M.