• Morning News: July 31, 2018

    16 days ago - By Crossing Wall Street

    How Companies Are Making Customers Pay for Trump's Trade War
    How to Gauge the Fed's Reaction to Trump's Tweet
    Correction Worse Than February Is Looming, Morgan Stanley Says
    FAANG Funk
    Smartphone Slowdown Hits Profits at Samsung Electronics
    Sony's Profit Soars on PlayStation Strength
    BP Earnings Boosted by Higher Oil Prices
    Nokia, T-Mobile US Agree $3.5 Billion Deal, World's First Big 5G Award
    Credit Suisse Returns on Horizon as Thiam Overhaul Nears End
    Harley-Davidson Beats the Street But Is Still Losing in the Marketplace
    Uber Shuts Down Its Self-Driving Truck Unit
    Vivendi to Explore...
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  • Trump and Iran, Rally Sputters, Uber Trucks: CEO Daily for July 31, 2018

    16 days ago - By Fortune

    Good morning. David here, filling in for Alan from Berlin.
    According to The New York Times , the Trump administration is considering another tax cut that would mainly benefit the wealthy: a change to the capital gains tax system that would make inflation a factor when calculating liabilities. Treasury Secretary Steven Mnuchin is currently trying to figure out whether this could be achieved without congressional approval-a massively controversial idea that was rejected by the first Bush administration.
    The thinking behind such a move is that it would stimulate the economy by encouraging...
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