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Japanese automakers already have huge factories in the U.S. that churn out millions of cars each year.
If the House Republicans' tax bill became law, every income group could see a tax cut. But the top 1% of households would do considerably better than everyone else, according to a new analysis.
The tax bill unveiled in the House on Thursday would eliminate a decades-old deduction for people with very high medical costs.
Even though President Trump has kept his tax returns under wraps, there's every reason to believe he and his family could profit handsomely from some key provisions in the recently released House Republican tax bill
Even as wages for low- and middle-income workers recover, wealth inequality has still climbed to new heights, reports from the Federal Reserve and Pew Research Center find.
The latest jobs report showed that U.S. workers still aren't getting a healthy jump in wages. It's troubling economists as well. But some hope that growth may finally soon pick up -- especially if there is tax reform.
President Trump argues the GOP tax overhaul will "create tremendous success for companies." Yet some of America's most powerful business alliances are already trying to kill the bill.
What to look for in Friday's jobs October report.
Venezuelan President Nicolas Maduro announced that he would seek to restructure the country's debt with foreign investors. Economists see it as a step toward a potential default.
The University of Notre Dame is one of the first employers to take advantage of the Trump administration's weakening of Obamacare's birth control mandate.
The president declines to renominate Janet Yellen, the only woman leading a major central bank anywhere on the globe.
Read full story for latest details.
For Janet Yellen, there's a clear silver lining to being replaced as the leader of the Fed: She's exiting at a time of economic health and a booming stock market.
Homebuilding stocks fell sharply on Thursday following news that the Republican tax reform bill would limit two key tax breaks that favor homebuyers.
President Trump is set to nominate Federal Reserve governor Jerome Powell on Thursday to be leader of the world's most influential central bank, according to two senior administration officials.
The Bank of England has increased its key interest rate from a record low of 0.25% to 0.5%.
The World Economic Forum says that "equality is in retreat" for the first time since the group starting tracking the issue in 2006.
In a new video, former President Obama is talking up the benefits of Obamacare as open enrollment begins.