Republicans Split Over Tax Bill Favoring Big Corporations
The Associated Press reports that several Republicans view the tax bills as benefiting corporations and the wealthy more than the middle class. Leaders tout $1.5 trillion in cuts over a decade, with debates on state and local tax deductions and child credits.
MENTIONED IN THIS ARTICLE
Mark Sanford
R-S.c
House
Senate
GOP
Sanford
California
New York
Illinois
Kevin Brady
Texas
Brady
House Republicans
Joint Committee On Taxation
Congress
Mark Meadows
R-N.c
Conservative
Freedom Caucus
Donald
Trump
Chuck Grassley
Alowa
Des Moines Register
Grassley
Capitol
Market Watch Dow advances and indexes rise modestly
U S markets tick higher with Dow at 24140.91 up 39.73 points and Nasdaq at 6776.38 rising 14.17. S&P 2629.27 gains 0.30 while Russell and NYSE show modest increases as trading continues.
DaVita and Wal Mart actions shift market and strategy
DaVita Inc agrees to sell a physician practice to UnitedHealth for 4.9 billion dollars while Wal Mart Stores Inc plans a legal name change to reflect online and mobile growth. ADP reports 50 000 small business hires in November. Home Depot maintains guidance with 15 billion share buyback and aims for 7.36 dollars per share with 6.5 percent comps. hurricanes Harvey Irma and West wildfires influence results.
MENTIONED IN THIS ARTICLE
DaVita Inc
UnitedHealth
Fred's Inc
Wal-Mart Stores Inc
Amazon
ADP
Home Depot
Atlanta
Craig Menear
Texas
Florida
Amazon.com
Energy stocks push S&P 500 to fourth straight loss
The S P 500 slipped 0.30 points to 2,629.27 as oil declines weighed on energy shares. The Dow fell 39.73 to 24,140.91 while the Nasdaq rose 14.16 and the Russell 2000 gave back 7.88. Investors see a modest correction amid tax reform debate and a calm year.
MENTIONED IN THIS ARTICLE
New York
U.S
Standard & Poor
Senate
House of Representatives
Phil Orlando
Federated Investors
Rates & Commodities
Treasuries
S&p
Australia
Fiat
Britain
Canada
Fed
Chile
China
Beni Rep
India
Yeisrael
Petrenenasee
Japan Cementrans
N. Zealand
Russia
Singapore
Africa
Korea
Sweden
Switzerland
Wilshire
Philip Morris
Lauren Coronauto
Ama al Npr
Neem
Gan
Suntrust
Acanree Gong Pe Uy Son
Ferex
Also Mentioned on This Page
Rob Woodall
R-Ga
Richard Hudson
Joe Barton
Capitol Hill
Washington
THE
Associated Press
By Stephen Ohlemacher
Dow
Russell
NYSE
Commodities Review
Outlook
Raed
S&p 500
Money & Markets