Global stocks edge up after U.S. tax plan Powell nomination Global stocks edge up after U.S. tax plan Powell nomination: The Republican tax plan called for broad changes to the U.S. tax code, including slashing the corporate tax rate and reducing the number of tax brackets for individuals. “Everyone knows […]

S&P flat after tax cut plan Dow climbs to record S&P flat after tax cut plan Dow climbs to record: Wall Street’s Dow industrials climbed to a record high on Thursday while losses in Facebook kept the S&P 500 and the Nasdaq in check as investors assessed the long-awaited tax […]

Powell for Federal Reserve chair could support stocks bull market Powell for Federal Reserve chair could support stocks bull market: President Donald Trump’s expected nomination on Thursday of Federal Reserve Board Governor Jerome Powell to be the next chair of the U.S. central bank likely will provide investors with some […]

Trump taps Fed centrist Powell to lead U.S. central bank Trump taps Fed centrist Powell to lead U.S. central bank: President Donald Trump on Thursday tapped Fed Governor Jerome Powell to become head of the U.S. central bank, breaking with precedent by denying Janet Yellen a second term but signaling […]