U.S. economy grew at solid 2.6 percent rate in fourth quarter

Jan 26, 2018
Growth was spurred by a surge in consumer spending, but the gain was slightly below economists’ 2.8 percent forecast.
A worker carries lumber as he builds a new home in Petaluma, California. 
Justin Sullivan/Getty Images

What's on the Republican economic agenda in the coming year?

Jan 17, 2018
One economist argues immigration reform is essential to kick-starting productivity.
President Trump shakes hands with Senate Majority Leader Mitch McConnell as he meets with Republican congressional leaders in the Roosevelt Room at the White House.

New York's wealthy balk at the new tax law

Jan 9, 2018
They pay half of the city's income tax revenue. Now that they can't deduct it, some may leave.
At age 71, Diane Gilman finally got her dream penthouse on Fifth Avenue in New York City.
Ryan Kailath/Marketplace

Accountants didn’t have much of a holiday

Jan 1, 2018
Now that the $1.5 trillion tax overhaul has been signed into law, the real fun begins for accountants. They’re scrambling to understand the legislation, which runs more than 1,000 pages and includes fundamental changes to the corporate tax rate, the…

Trump signs $1.5 trillion tax overhaul into law

Dec 22, 2017
It's the first major tax overhaul since 1986.
President Trump signed an executive order in January that he said he will 'dramatically' reduce small business regulations overall with this executive action.  
Andrew Harrer/Getty Images

The home equity loan interest deduction is dead. What does it mean for homeowners?

Dec 22, 2017
Fewer people might take out home equity loans as a result.
A worker saws wood at Canal Crossing, a new luxury apartment community consisting of 393 rental units near the university city of New Haven on August 2, 2017 in Hamden, Connecticut.
Spencer Platt/Getty Images

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Here comes the tax bill marketing

Dec 21, 2017
The tax bill is passed; it just needs to be signed by the president. However, the ads, public relations stunts and campaigns in support of and against the tax bill are not over. Not even remotely. Expect to hear a…

Why the bond market is trading on the tax bill

Dec 20, 2017
Today, Republicans celebrated the passage of their tax bill. Some predicted that the stock market would soar on the news. But it’s the bond market that has had the most interesting reaction to the bill’s passage. Here’s why.  Click the…

GOP on the verge of huge tax overhaul, with one hiccup

Dec 19, 2017
The bill now goes to the Senate for an expected vote Tuesday evening.
U.S. Speaker of the House Paul Ryan (R-WI) speaks as House Republican Conference Chair Rep. Cathy McMorris Rodgers (R-WA) (L) and House Majority Leader Rep. Kevin McCarthy (R-CA) (R) listen during a news briefing after a House Republican conference meeting at the Capitol on Dec. 19, 2017 in Washington, D.C.
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