Taxes

The U.S. government on Friday gave companies an extra year to comply with an Obama-era regulation meant to crack down on corporations that try to minimize their U.S. tax bills by shifting profits abroad to countries with lower tax rates.

Soaring prices and fewer choices may greet customers when they return to the Affordable Care Act's insurance marketplaces this fall because insurers still don't know whether they will receive critical payments from the federal government.

Representative Kevin Brady (R-Texas), chairman of the tax-writing House Ways and Means Committee, told FOX Business’ Stuart Varney that despite a disappointing loss in the Senate for the ObamaCare repeal, Congress will now turn its attention towards tax reform.

After Republicans in the Senate failed to reach an agreement on an ObamaCare repeal measure Thursday night, House Speaker Paul Ryan (R-Wis.) said Friday he was “frustrated” but indicated he was ready to move on to reforming the U.S. tax code.

If POTUS sticks to what he has said about tax reform many Americans may take a hit.

The Latest on the deal for a planned $10 billion Foxconn manufacturing plant in Wisconsin (all times local): 9 a.m.

Foxconn Technology Group's manufacturing plant in Wisconsin wlll be the first U.S.-based facility for the Taiwan-based electronics giant.

White House officials and Republican Congressional leadership struck a deal on tax reform principles Thursday, deciding the border-adjustment tax will not be included in the pending legislation.

Louisiana appears to have dug its way out of recession, reaching a three-year low in its unemployment rate as the state finally shows job gains after being hammered by the downslide in the oil and gas industry.

What's in the 'skinny repeal'? The exact details are still being worked out, but in a process called vote-a-rama, expected to begin Thursday, lawmakers can propose unlimited amendments to be voted on.

The European Commission has ordered France and Belgium to end tax breaks for ports, saying they distort competition in the 28-nation European Union.

President Donald Trump says that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in state history.

The Latest on Pennsylvania budget talks (all times local): 7:30 p.m. Republicans who control the Pennsylvania Senate are discussing the possibility of a severance tax on Marcellus Shale gas drillers as they seek agreement on a plan to plug a $2 billion hole in the state budget.

Wisconsin Gov. Scott Walker said President Donald Trump plans to make a "major jobs announcement for Wisconsin" on Wednesday amid speculation that electronics giant Foxconn will build a plant in the state.