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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters Top News

Trump considers Fed's Powell, economist Taylor to lead central bank

Fri, Oct 20, 2017

WASHINGTON (Reuters) - President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the central bank's top two jobs, in an apparent bid to reassure markets and appease conservatives hungry for change. ...

Trump tax cut plan gains momentum after U.S. budget vote

Fri, Oct 20, 2017

WASHINGTON (Reuters) - President Donald Trump's tax reform plans won partial support on Friday when Republican U.S. Senator Rand Paul said he was "all in" for massive tax cuts, but the party was still far from united over how to achieve the main item on its domestic agenda. ...

Trump's Obamacare shift complicates ability to work with Democrats

Fri, Oct 20, 2017

WASHINGTON (Reuters) - President Donald Trump's disavowal this week of a bipartisan agreement to stabilize Obamacare has further eroded the already minimal trust congressional Democrats had in him, complicating prospects for gaining their cooperation on a range of issues. ...

Trump administration considers pausing U.S. refugee family reunification program

Fri, Oct 20, 2017

NEW YORK (Reuters) - President Trump's administration has drafted a plan to pause a program that allows family members join refugees already settled in the United States until they can undergo increased security checks, two sources with knowledge of the situation told Reuters. ...

Three charged in shooting after white nationalist's Florida speech

Fri, Oct 20, 2017

(Reuters) - A Texas man who shot at protesters after a white nationalist's speech at the University of Florida and two brothers who urged him to "kill them" have been charged with attempted homicide, police said on Friday. ...

U.S. court blocks immigrant teen's bid to obtain abortion

Fri, Oct 20, 2017

WASHINGTON (Reuters) - A U.S. appeals court on Friday prevented an illegal immigrant teenager detained by the government from immediately obtaining an abortion, although it left open the possibility she could undergo the procedure within days. ...

Partisan feud undercuts Trump-Russia probe, U.S. Democrats charge

Fri, Oct 20, 2017

WASHINGTON (Reuters) - Democrats on a congressional panel say members of its Republican majority are trying to sabotage an investigation into suspected Russian meddling in the 2016 U.S. election, raising concerns the two parties will reach contradictory conclusions. ...

Canada's Liberals look to economy to guide them past ethics scandal

Fri, Oct 20, 2017

OTTAWA (Reuters) - Canadian Prime Minister Justin Trudeau's government has been badly shaken by a conflict-of-interest controversy about his finance minister, but the Liberal government's upcoming fiscal update offers an opportunity to reset the public focus on Canada's strong economy, political observers say. ...

Senate panel postpones hearing with Trump lawyer Cohen in Russia probe

Fri, Oct 20, 2017

WASHINGTON (Reuters) - The Senate Intelligence Committee investigating U.S. allegations of Russian interference in the 2016 election said on Friday it had postponed a public hearing with Michael Cohen, President Donald Trump's lawyer, and it would be rescheduled. ...

Having nuclear weapons 'matter of life and death' for North Korea: agency

Fri, Oct 20, 2017

MOSCOW (Reuters) - Pyongyang does not plan to hold any talks with Washington about its nuclear program, a senior North Korean diplomat said on Friday, declaring that possessing nuclear weapons was a matter of life and death for North Korea, the RIA news agency reported. ...

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