Companies

President Donald Trump wants the top U.S. corporate tax rate cut to 15 percent, as well as tax relief for middle-income Americans, he told the Wall Street Journal. The president also indicated a willingness to increase some taxes on rich Americans. But those cuts risk adding to the deficit over the next ten years. And […]

The National Cyber Security Alliance, a public-private partnership supported by the Department of Homeland Security and the Federal Trade Commission, is holding workshops to help small businesses around the country defend against cyber threats. Hackers have launched successful data thefts against companies large and small in recent years, and the FBI reports that ransomware attacks […]

As the Federal Reserve concludes its July meeting, many expect it won’t announce a hike in the interest rate. One big thing that factors into that decision is inflation. One of the Fed’s mandates is to keep prices stable – to prevent rampant inflation. Raising interest rates can help, but the Fed has been in […]

Many would agree that the key to economic growth, in the U.S. and elsewhere, has long been productivity — how many widgets produced per hour worked. Many would also agree that the U.S. is suffering from a downturn in productivity. But Neil Irwin, senior economics correspondent for The New York Times, thinks it may be […]

Jimmy Choo has been among the biggest names in high-end shoes for decades, but the company put itself up for sale in April. Today, fashion house Michael Kors announced it’ll buy the British footwear brand for $1.2 billion. Kors has been struggling recently and announced in May it’s closing more than 100 stores. Can this […]

The Federal Reserve probably will not announce a rate hike on the second day of its Federal Open Market Committee meeting on Wednesday. But there’s a decent chance it will again by year’s end. And since the Fed started raising rates 18 months ago, we’ve seen the federal funds rate rise a full 1 percent. […]

Telecom giant AT&T will report its second quarter earnings after the market closes today. The company’s shares are down 15 percent this year amid increased competition among wireless providers and more cord cutting in the cable space. Now AT&T is going for a big deal to help it stay ahead of the curve. Click the […]

For months, health website WebMD has been looking for a suitor. Today, it found one. The private equity giant KKR — Kohlberg Kravis Roberts — has struck a deal to buy the site for about $2.8 billion. But why was WebMD looking to be sold in the first place?  Click the audio player above to […]