U.S. corporate taxes within the 20 percent range would be a plus for the economy, Morgan Stanley Chairman and CEO James Gorman told CNBC on Thursday. Rates in the world’s largest economy are currently 35 percent, versus 15-25 percent in major jurisdictions elsewhere in the world, he explained. “For the U.S. to be so much […]
Read moreAll three major U.S. indexes closed lower in the last session as investors digested economic releases stateside ahead of Asia’s Thursday trading day. The closely-watched consumer price index rose by just 0.1 percent in October compared to the 0.5 percent rise seen in September, which was in line with a forecast from economists in a […]
Read moreThere are some days in the market when taking cues from stocks’ movements can be detrimental, CNBC’s Jim Cramer said Wednesday. “I see stupid things happening all over the place, so I’m urging you not to jump to any conclusions based on the tape,” the “Mad Money” host said. “Remember, the big money managers who […]
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