Wall Street falls on China, NAFTA concerns

NEW YORK (Reuters) – The three major U.S. stock indexes ended lower on Wednesday after a choppy trading session as investors worried that China would slow U.S. government bond purchases and that U.S. President Donald Trump would end a key trade agreement. The S&P and the Nasdaq snapped a six-day rally after Bloomberg reported that […]

Global banks flag concerns over U.S. Senate tax proposal

Global banks flag concerns over U.S. Senate tax proposal

WASHINGTON (Reuters) – Global banks raised concerns on Friday over a provision in the U.S. Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry. Copies of tax legislation are seen during a markup on the “Tax Cuts and Jobs Act” on Capitol Hill […]