Jul 21, 2017

07/21/2017: Stop worrying and love the summer

We pay tribute to the summer movie season with a look back at the thriller that put blockbusters on the summer calendar: "Jaws." Plus, we talk short selling with the Wall Street Journal's Ben Eisen and get into Amazon's $12 million lobbying budget and the U.S. Chamber of Commerce's message to GOP lawmakers grappling with President Trump's tax plans.

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How did summer get to be such a make-or-break season for Hollywood?

by Ashley Milne-Tyte

Jul 21, 2017

Duuun dun ... duuun dun ... dun dun dun dun dun ...

A poster advertising the anniversary collector's edition of the movie "Jaws" is posted on a lifeguard tower on Zuma Beach in Malibu, California, in 2000.

Photo by Dan Callister/Newsmakers

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Weekly Wrap

What the trade deficit means to Trump's trade agenda

by Kai Ryssdal

Jul 21, 2017

NAFTA negotiations are quickly approaching.

President Trump leaves after speaking at the Presidential Advisory Commission on Election Integrity in Washington, D.C., on Wednesday.

SAUL LOEB/AFP/Getty Images

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U. S. Chamber of Commerce has a stern message for GOP lawmakers

by Adam Allington

Jul 21, 2017

The U.S. Chamber of Commerce sent a shot across the bow of congressional Republicans in the form of a not-so-subtle message — don’t screw up tax cuts like you did health care reform, or else. Its letter explained that a year from now, the Chamber will be evaluating candidates based on their support for a “free […]

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For short sellers, a record stock market is troublesome

by Kai Ryssdal

Jul 21, 2017

Stocks have posted steady gains, which means traders betting against them aren’t happy.

A trader works on the floor of the New York Stock Exchange.

Andrew Burton/Getty Images

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Can the president keep his tax cut promise?

by Adriene Hill

Jul 21, 2017

This week, the House of Representatives detailed a 2018 budget plan, a first step toward a tax code overhaul. But it’ll be no small lift to get to the big corporate tax cut President Trump has promised. The administration wants to lower corporate tax rates from 35 percent to 15 percent. That’s going to be […]

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As Amazon grows, so does its lobbying budget

by Aaron Schrank

Jul 21, 2017

Amazon just keeps growing. So does its spending on lobbying in support of policies it thinks will aid that growth. Filings with the Securities and Exchange Commission show the company is on track to spend $12 million lobbying this year, $1 million more than it spent in 2016. What’s on Amazon’s wish list? Click the […]

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We pay tribute to the summer movie season with a look back at the thriller that put blockbusters on the summer calendar: “Jaws.” Plus, we talk short selling with the Wall Street Journal’s Ben Eisen and get into Amazon’s $12 million lobbying budget and the U.S. Chamber of Commerce’s message to GOP lawmakers grappling with President Trump’s tax plans.