[WASHINGTON] The US deficit will grow more than 20 per cent this year and reach US$1 trillion by 2020, largely due to December's sweeping tax cuts, the Congressional Budget Office said Monday...

[ST LOUIS] Amid all the turmoil and uncertainty, with his White House seemingly fraying, his legislative agenda stalled and his electoral base in danger, President Donald Trump these days finds one...

[BERLIN] Roche said US tax cuts for businesses will boost profit this year, offsetting the impact of the company's most significant transformation in decades...

[WASHNGTON] The tax changes that President Donald Trump signed into law will reduce federal revenue by more than US$1 trillion over the next decade, even after accounting for their beneficial effects...

FANNIE Mae and Freddie Mac, the government-controlled mortgage finance giants rescued during the financial crisis, reached a deal with the US Department of the Treasury on Thursday.

US TAX REFORM

THE sweeping tax cuts adopted on Wednesday by US lawmakers, while reducing rates on corporations, also aim to encourage multinational businesses to repatriate huge earnings amassed abroad.

[WASHINGTON] Senate Republicans passed the most extensive rewrite of the US tax code in more than 30 years, a bill that delivers a deep, permanent tax cut for corporations and shorter-term relief for...

FISCAL stimulus, including large Republican-backed tax cuts, will deliver a modest boost to the US economy in the next two years, although many economists also expect a recession to start during that...

[WASHINGTON] Fiscal stimulus, including large Republican-backed tax cuts, will deliver a modest boost to the US economy in the next two years, although many economists also expect a recession to...

EDITORIAL

US President Donald Trump returned from his recent trip to Asia, announcing that he would work "as fast as possible" to eliminate the sizable trade deficits with America's trading...