Close Senate vote smoothes path for Trump tax cuts | Powell reportedly favored for Fed chair | Health care confusion rocks state markets
October 20, 2017
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Business Finance Today
Close Senate vote smoothes path for Trump tax cuts
Close Senate vote smoothes path for Trump tax cuts
McConnell (Alex Wong/Getty Images)
The Senate has voted 51-49 to approve a budget blueprint for fiscal 2018 that opens the door to adoption of tax cuts proposed by President Donald Trump without Democratic votes. The measure needs reconciliation with a version passed by the House before it can be submitted for Trump's signature.
Reuters (10/19) 
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Your Bottom Line
Experts warn about weakness behind Dow reaching 23,000
Experts warn about weakness behind Dow reaching 23,000
(Spencer Platt/Getty Images)
The Dow Jones industrial average closed above 23,000 Wednesday, but some experts say some softness is behind the record-setting rise. Technical analyst Frank Cappelleri suggests watching to see how the market reacts over the next few days.
MarketWatch (10/19) 
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In the C-Suite
Lead using your unique talents
Lead using your unique talents
Ephron (Astrid Stawiarz/Getty Images)
Discover what personal and creative strengths are unique to you, and use those to find your role in the workplace, writes Scott Mautz. He spotlights filmmaker Nora Ephron, who used her writing and directing platform to send powerful messages and to mentor other women.
SmartBrief/Leadership (10/19) 
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Off the Charts
Studying fish depression could help humans
Studying fish depression could help humans
Zebra fish (Scott Eisen/Getty Images)
There may be a correlation between depression in humans and in fish, and scientists suggest studying fish could aid development of antidepressants. Like humans, zebra fish lose interest in eating and in their surroundings when they become depressed.
The New York Times (free-article access for SmartBrief readers) (10/16) 
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I didn't think that family offices would make direct investments, or if they did, I thought that it would be a lot of work to get their interest.
Michael Gottdenker, CEO of Hargray Communications, as quoted by Bloomberg
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