Taxes

A cut in the corporate tax rate will involve immediate pain for some big banks, namely Citigroup Inc. and Bank of America Corp., but an eventual earnings boost should more than make up for that.

President Donald Trump is proposing 'the biggest tax cut' ever even as the government struggles with mounting debt, in an effort to fulfill promises of bringing jobs and prosperity to the middle class.

The Trump administration has imposed a tariff on Canadian lumber imports.

Treasury Secretary Mnuchin says Trump to propose 'biggest tax cut' and 'largest tax reform in US history'

Shares rose in Asia on Wednesday after hopes for tax cuts by President Donald Trump drove record-breaking gains overnight on Wall Street.

Profits are climbing for companies, and so are their stock prices.

President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget?

Environmentalists across the U.S. are defending decades-old bottle recycling programs, saying they're still necessary despite advances in curbside recycling efforts.

A Michigan board approved restructured tax incentives Tuesday for Dow Chemical and AK Steel and capped the credits' value similarly to how it did in agreements with automakers in recent years, despite lawmakers' criticism of the new deal for the steelmaker.

The Latest on President Donald Trump's tax plan (all times local): 2 p.m.

Ivanka Trump pledged to push for "incremental, positive change" for women in the U.S. economy and defended her father's attitudes toward women as she made her first international outing Tuesday as a White House adviser.

President Donald Trump's two tax policy chiefs were slated to go to Capitol Hill late on Tuesday to meet with top lawmakers as Washington dug for details on an impending Trump tax plan.

President Donald Trump has promised to deliver the most sweeping tax reform package since President Ronald Reagan in the 1980s, but he might have more luck getting a piece of it – a 20 percentage point cut to the corporate tax rate – through during his first 100 days if he is willing to press pause on personal tax cuts.

President Donald Trump has advised his administration to put deficit concerns on the backburner and work on a plan to slash the corporate tax rate to 15 percent, according to a report Monday from The Wall Street Journal.