Government Finance

Sears: 4Q sales drop but it expects a profit

Feb 15, 2018

Sears: 4Q sales drop but it expects a profit, helped by the windfall of the tax windfall.

Trump shows willingness to raise fuel taxes

Feb 14, 2018

President Donald Trump is signaling his openness to a 25-cent fuel tax increase to help pay for his infrastructure proposal

Fannie Mae loses $6.5 billion in 4Q on tax change

Feb 14, 2018

Fannie Mae reports $6.5 billion loss in 4Q, will seek taxpayer help as its net worth sinks to a $3.7 billion deficit

Sales tax breaks to lure data centers booming in Virginia

Feb 14, 2018

Tax breaks to attract some of the world's richest companies to Virginia have exploded as the state has become a top global market for data centers

Markets Right Now: Banks gain, leading US stocks higher

Feb 14, 2018

Stocks shook off an early decline and are mostly higher in midday trading, led by banks.

Trump-sought military parade could cost $10M-$30M

Feb 14, 2018

The White House budget director says a military parade envisioned by President Donald Trump could cost between $10 million and $30 million, though it's not included in the administration's new budget request

Credit Suisse trims loss, cites upside of US tax reform

Feb 14, 2018

Credit Suisse says it narrowed its fourth-quarter loss and predicted a positive impact from the U.S. tax reform in the future after an initial financial hit

Trump: Gut funding for climate science, boost fossil fuels

Feb 13, 2018

The Trump administration is targeting federal funding for studying and tracking climate change while boosting the continued burning of planet-warming fossil fuels

Winners and losers under Medicare drug plan in Trump budget

Feb 13, 2018

President Donald Trump's plan to bring down drug costs would create winners and losers

The Latest: Mulvaney backtracks comment on Trump budget

Feb 13, 2018

White House budget director Mick Mulvaney says he would vote for President Donald Trump's budget after all.