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Dow Jones

Here's How the Expected Fed Rate Hike Will Drive Up the Dow Jones Today

Investors watching the Dow Jones today are preparing for the final meeting of the Fed Open Market Committee of 2017. Investors anticipate that the central bank will raise interest rates.

Dow futures are up 18 points this morning as investors gauge whether Janet Yellen will raise interest rates despite the possibility that inflation woes will change her mind.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...

Investing Ideas

How Trump's Supposed "Tax Cut" Could Actually Get Companies to Pay More

America's soon-to-be 45th President, Donald J. Trump, wants to cut the federal income tax rate U.S. corporations pay from 35% to 15%.

While that appears to be a gift to companies who most Americans don't believe pay their fair share of taxes, it really and truly isn't.

What it would be is a gift to the federal government, and to you, and to me.

Hardly any U.S. corporations, big or small, pay the 35% federal income tax rate in the first place. In fact, the so-called statutory rate isn't a flat 35%, it's a progressive rate that goes from 15% up to 35% depending on how much pre-tax income (before credits) companies make.

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