Tax Bill Moves Forward, but Election-Year Politics Threaten Its Chances

Tax Bill Moves Forward, but Election-Year Politics Threaten Its Chances

Republicans planned on Wednesday to push a $78 billion bipartisan tax bill through the House. The effort is a test of whether a dysfunctional Congress can pass major legislation in an election year.
Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says

Global Economy Is Heading Toward ‘Soft Landing,’ I.M.F. Says

The International Monetary Fund upgraded its growth forecasts and offered a more optimistic outlook for the world economy.
Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.