President Donald Trump's tax plan, due to be unveiled on Wednesday and proposing to sharply cut rates for businesses and on overseas corporate profits returned to the United States, was likely to be treated by Congress as just an opening gambit.
U.S. President Donald Trump will release a tax plan on Wednesday proposing some deep rate cuts, mostly for businesses, including a slashed corporate income tax rate and steeply discounted tax rate for overseas corporate profits brought into the United States, officials said.
German business morale hit its highest level in nearly six years in March, suggesting company executives in Europe's largest economy are brushing off concerns about the threat of rising protectionism and Germany's own election issues.
Deutsche Bank is replacing its U.S. chief Bill Woodley with the global head of its stock-trading business, Thomas Patrick, people close to the matter said, in a sign of its intent to restructure its Wall Street business.
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, surveys showed.
Wallet Hub, which was launched by Evolution Finance in February 2012 as a one-stop destination tool providing information to consumers and small business owners to help them make better financial decisions, recently listed the best cities to start a business in.
Business equipment and capital goods orders fell unexpectedly in December for the fourth straight month. The weight of the recent economic slowdown is heavily hitting American companies.
