What is backdating stock
“Backdating is still something we are considering and it would be a big boon for the economy," said Mnuchin at a conference organized by CNBC.
Though the legislation for such reforms has not been prepared by the Congress, members of the GOP are confident tax reforms will reach fruition after the debt ceiling extension measure was passed last week.
The S&P 500 gained 8.37 points and posted its second straight day of gains, notching up the 32nd record for 2017.
Of the 11 major sectors of the S&P 500, nine finished in positive territory with financials leading the advancers.
Shares of Mc Donald’s declined 3.2% following lackluster reports regarding the food-chain operator’s sales growth.If you don't buy now, you may kick yourself in 2020.Click here for the 6 trades Want the latest recommendations from Zacks Investment Research?Moreover, in an address to lawmakers, President Trump urged that work on tax legislation be pushed forward rather than waiting till the end of September.Job Openings Hit a Record High" data-reactid="31"Job Openings Hit a Record High In a report, the United States Labor Department said that job openings in the United States increased to 6.17 million in July, , for the first time since 2000.