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An employee restocks a shelf in the grocery section of a Walmart on May 11th, 2005, in Troy, Ohio.

Economics

Walmart Promises Higher Pay Under Tax Overhaul

Walmart is one of several companies that has announced raises and one-time bonuses for employees after Congress passed its tax overhaul.

President Donald Trump, flanked by Speaker of the House Paul Ryan (left) and Senate Majority Leader Mitch McConnell, delivers remarks on tax reform on September 5th, 2017, in Washington, D.C.

Economics

Here’s How the GOP Wants to Change Corporate Taxes in America

Economist Gary Hufbauer explains what Congress' proposed tax reform legislation would mean for American businesses.