Trump calls for cut in personal, business tax | EU hopes to revive free trade talks with US | Stopgap would postpone government shutdown
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April 27, 2017
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Business Finance Today
Trump calls for cut in personal, business tax
Trump urges cut in personal, business tax
National Economic Council Director Gary Cohn and Treasury Secretary Steven Mnuchin (Mark Wilson/Getty Images)
President Donald Trump has proposed slashing federal taxation. The highest personal tax rate would fall to 35% from 39.6%, while the standard deduction would double, and the rate for corporations and most small businesses would decline to 15%.
The Hill (4/26),  The New York Times (free-article access for SmartBrief readers) (4/26),  The Washington Post (tiered subscription model) (4/26) 
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On Wall Street
Energy stocks restrain market
Wall St.
(Pixabay)
Stocks edged higher in early trading today, despite a drag from energy shares. At 10 a.m. Eastern, the Dow Jones industrial average was up 9 points, the Nasdaq composite was up 17 points and the Standard & Poor's 500 index was up 2 points.
CNBC (4/27),  Schaeffer's Investment Research (4/26) 
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Your Bottom Line
White House: US won't exit NAFTA "at this time"
After President Donald Trump met with the leaders of Canada and Mexico, the White House released a statement saying Trump has "agreed not to terminate [the North American Free Trade Agreement] at this time." Instead, the leaders of all three countries will prepare for renegotiation of the agreement.
Bloomberg (4/27),  Politico (4/26) 
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In the C-Suite
Disagree, but don't disrespect
Disagreement is natural, and it's up to executives to manage their emotions, ask questions and even disagree while maintaining mutual respect, John Mattone writes. "It's the difference between saying, 'You don't know what you're doing,' and 'I like what you did here, but it's important that we consider these points too.' "
John Mattone blog (4/20) 
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On the Move
James Standen is interim CFO at Compass Minerals
Standen is stepping in after the sudden departure of CFO Patrick "Doug" Linehan.
The Business Journals (tiered subscription model)/Kansas City, Mo. (4/26) 
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Off the Charts
Report: College major choice can affect wage gap
Report: College major choice can affect wage gap
(Pixabay)
Female college graduates will make an average of 11.5% less than their male peers in the first five years of their careers mainly because women tend to choose majors that pay less than those chosen by men, according to a new report from Glassdoor. Women do make more than men, on average, in some fields, including architecture, social work and music, the report found.
MarketWatch (4/19),  Harvard Business Review online (tiered subscription model) (4/19) 
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After someone loses a partner, [well-being will] take a big dip and then, on average, it'll get back to previous levels. But with unemployment, we just don't see that happening.
Tricia Curmi, head of communications at the What Works Center for Wellbeing, as quoted by Bloomberg
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