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Market News Headlines

Republican U.S. tax bill retains some municipal exemptions

The U.S. House Republican final tax bill released on Friday keeps a tax break for municipal bonds used to finance hospitals, affordable housing and other projects, but eliminates a way issuers can take advantage of low interest rates.

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Final Republican tax bill slashes U.S. corporate rate, voting next week

WASHINGTON Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up crucial support from two wavering senators ahead of planned votes by lawmakers early next week.