Stocks Gain on US Tax Plan; Treasuries Decline: Markets Wrap

Stocks kicked off the penultimate week of the year on a positive note after a Republican agreement on the shape of U.S. tax cuts aimed at boosting growth in the world’s largest economy. The dollar dropped and Treasuries headed lower.

Palestinians May Seek U.N. Assembly Support if U.S. Vetoes Jerusalem Resolution: Envoy. Dec. 18, 2017, at 6:09 a.m. … The Palestinians have the option of invoking a rarely-used article of the U.N. Charter that calls for parties to a dispute not to cast a veto, Arab News said. But, it said, they are more likely to take the issue …

WASHINGTON (Reuters) – President Donald Trump’s administration is breaking the law in not granting loan relief to students defrauded by Corinthian Colleges and other defunct for-profit schools, according to four U.S. state attorneys general who sued the Education Department and Secretary Betsy DeVos …

The annual national count of homeless people in the U.S. has risen for first time since 2010, and officials say the booming West Coast economy is a main … The U.S.Department on Housing and Urban Development release of the 2017 homeless numbers are expected to show a dramatic increase in the …

Copies of tax legislation are seen during a markup on the “Tax Cuts and Jobs Act” on Capitol Hill in Washington, U.S., November 15, 2017. … NEW YORK (Reuters) – Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan.

FILE – This file photo provided by the U.S. Army Special Operations Command shows Sgt. La David Johnson, who was killed in an Oct. 4 ambush in Niger. Johnson, who was killed in an ambush in Niger with three comrades and his body recovered days later, wasn’t captured alive by the enemy or executed …

Three films into Walt Disney Co.’s planned string of never-ending sequels and spin-offs, “Star Wars” remains in a box-office universe of its own. “Star Wars: The Last Jedi” opened to $220 million in the U.S. and Canada this weekend, according to studio estimates. That is the second-biggest box-office …

SAN FRANCISCO—Federal Reserve Bank of San Francisco President John Williams said if the economy performs as he expects, the central bank is likely to steadily raise interest rates over the next couple of years. “We’re ending the year with some very good momentum going into 2018,” Mr. Williams said …

The Atlanta’s airport is pictured during the power outage, in Atlanta, U.S., December 17, 2017 in this picture obtained from social media. INSTAGRAM/@APLINETREEE/via REUTERS Reuters. By Frank McGurty. (Reuters) – One of the heaviest travel weeks of the year began with the cancellation of more …