Financial Planning

President Donald Trump, fresh off a Senate vote that puts him a step closer to passing a tax-cut bill by year-end, declared himself “unbeatable” for re-election—and unexpectedly suggested a critical element of the Congressional tax plan is open to debate.

The Republican chase for a rare political and policy win with passage of their tax plan has thinned the ranks of the party’s deficit hawks.

It just might be Ted Cruz’s biggest victory as a senator: Helping stop in its tracks a plan late Thursday night to add $350 billion in tax increases to the Senate’s tax bill to placate fellow Republican Senator Bob Corker’s worries about the deficit.

The Big Four firm will accept the "Spirit of the Founders" award for its philanthropic efforts.

A provision in the tax bill passed by the U.S. House of Representatives would only intensify the housing crunch in the nation’s fourth-largest city—and others across the U.S.—by crippling affordable housing construction.

In the rush to borrow before the Republican tax bill reshapes the debt market, states and municipalities are paying up. The biggest spree of debt issuance in more than a decade has pushed up borrowing costs and eroded returns in the $3.8 trillion municipal-debt market.

Share prices continue to decline steeply after public companies file for an extension with the Securities and Exchange Commission on their financial statements, according to a new academic study.

When U.S. Senate lawmakers changed just two letters used for a calculation in their proposed tax bill, they may have increased the number of junk-rated companies that would be hurt by tax overhaul.

Doing away with advance refundings would eliminate a crucial tool that’s saved governments tens of billions since interest rates tumbled after last decade’s recession.

The top two Democratic leaders in Congress pulled out of a meeting with President Donald Trump on Tuesday after he tweeted that a budget deal with them was unlikely, raising the odds that the U.S. government will partially shut down next week.