Earlier proposals had suggested a higher rate of up to 5%, but the final version passed by US Congress lowers it to 1%.

US President Donald Trump will sign the tax cut and spending bill on July 4. The legislation extends Trump’s 2017 tax breaks ...

Republicans on Thursday muscled US President Donald Trump's tax and spending cut bill through the House, the final step ...

Dubai gold prices remain high despite hopes of a dip following the U.S. budget bill's approval. Retailers expect prices to ...

WASHINGTON — House Republicans propelled President Donald Trump’s big multitrillion-dollar tax breaks and spending cuts bill to ...

To delay the vote, House Minority Leader Hakeem Jeffries (D-N.Y.) used a procedural tool known as the “magic minute” to speak ...