A poll finds that Americans don’t expect their own taxes to decline next year and doubt that the Republican plan will raise wages or economic growth.
NYT > Economy
Senators Marco Rubio of Florida and Bob Corker of Tennessee, who had been holdouts, said they would support the bill, putting it within striking distance of passage.
After an article is published about a “job creator” in a state that voted for Donald Trump, new on-the-ground conversations add richness and depth.
Newly under Republican control, the National Labor Relations Board changed the standard for holding a company responsible for a franchisee’s practices.
With the central banks of the United States and Britain raising rates, the E.C.B. turns its attention to the year ahead and how fast it should roll back stimulus.
Under the accord, if ratified, 20,000 wireless employees would get better pay and job protection, and the company would bring work back from overseas.
House and Senate negotiators reached an agreement on a final bill, and are on track to send it to President Trump by Christmas.
The Federal Reserve continued to slowly increase interest rates, and it said the tax bill was unlikely to increase its pace of doing so.
With supplies down elsewhere, American producers are seeing more demand overseas, lifting revenue and jobs. But the upturn may not last.
Cutting taxes is mostly an exercise in slicing the economic pie a different way, not making it bigger, with gains for a few offset by losses for many.
A long-awaited document says the $1.5 trillion plan will pay for itself, assuming robust economic growth from a host of policies yet to be enacted.
The G.O.P. bills impose different rates on the same income based on things like organizational structure or occupation. At the losing end? Employees with paychecks.
As a dire economy drives migration, Venezuelans in their retirement years are joining the exodus, a journey fraught with worries over health care, employment and leaving a country they love.
The Federal Reserve chair (don’t call her “chairwoman”) quietly achieved rock-star status. Now that she’s leaving, her many fans are sad to see her go.