Commodities

Business Highlights

___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.

Business Highlights

___ Walmart boosts starting pay, closing dozens of Sam's Clubs NEW YORK (AP) — Walmart is closing dozens of Sam's Club warehouse stores across the country after announcing earlier that it was boosting its starting salary for U.S. workers.

Business Highlights

___ As companies give bonuses, prospect of pay gains still hazy WASHINGTON (AP) — American Airlines is handing out $1,000 bonuses to its employees.

Business Highlights

___ World Bank predicts solid 3.1 percent global growth in 2018 WASHINGTON (AP) — The World Bank is predicting that the global economy will grow 3.1 percent this year, which would be its best showing in seven years.