Top economic adviser Gary Cohn says the GOP tax plan going to have "trickle-down" benefits to middle-class Americans.
But even if you were trying to design a trickle-down plan, this one fails."The most excited group out there are big CEOs, about our tax plan," says ex-Goldman Sachs President Gary Cohn, who runs the National Economic Council in the Trump White House, in an interview with CNBC's John Harwood.
Of course they're excited: The plan offers big tax cuts on business profits. But Co
✗ Close categories
Addiction
Apple
Arts
Asia News
British Airways
Business
Cars
Celebrity
Christianity
Cinema, Theater & TV
Conspiracy Theories
Coronavirus
Ebola
Economy
Education
Electronics
Entertainment
Environment
Fashion
Finance
Food
Funny videos
Gadgets
Games
General News
Health
International Crime
Jobs
Lifestyle
Military
Mindfulness
Movies
Music
News videos
NewsPhoto
Nightlife
Obituaries
Olympics
Organized Crime
Politics
Psychology
Recipes
Royal Family
Sci-Tech
Science
Social media
Sport
Technology
Television
Thames Deckway
Traffic
Travel
Trending UK
UK News
UnitedHealth Group Inc.
Weather
World News
✗ Close categories
✗ Close categories
✗ Close categories
Arsenal
Aston Villa
Athletics
Badminton
Baseball
Basketball
Blackburn Rovers
Blackpool
Boxing
Burnley
Cardiff City
Champions League
Chelsea
Cricket
Crystal Palace
Cycling
Darts
Everton
Formula 1
Formula 1 - Force India Videos
Formula 1 - Infiniti Red Bull Racing Videos
Formula 1 - Live Stream & News
Formula 1 - McLaren Videos
Formula 1 - Mercedes AMG Petronas Videos
Formula 1 - Sauber F1 Team Videos
Formula 1 - Scuderia Ferrari Videos
Formula 1 - Scuderia Toro Rosso Videos
Formula 1 - Team Lotus Videos
Formula 1 - Williams Martini videos
Fulham
Golf
Hockey
Horse Racing
Hull City
Ice Hockey
Leicester City
Liverpool
Manchester City
Manchester United
Middlesbrough
Motorsport
Norwich City
Philadelphia Phillies
Premier League
Queens Park Rangers
Rally
Reading
Rowing
Rugby
scarlets rugby
Soccer
Southampton
Stoke City
Sunderland
Swansea City
Swimming
Tennis
Tottenham
Tour de France
Volleyball
WC soccer 2014
Welsh Rugby Union
West Ham
Wigan Athletic
Wolverhampton Wanderers
✗ Close categories
✗ Close categories
✗ Close categories
...test
Aberdeen City
Aberdeenshire
Antrim
Aylesbury Vale
Barking and Dagenham
Barnet
Barnsley
Basildon
Bath and North East Somerset
Belfast
Bexley
Birmingham
Blackburn with Darwen
Bolton
Bournemouth
Bradford
Brent
Brighton and Hove
Bristol
Bromley
Bury
Calderdale
Cambridge
Camden
Cardiff
Central Bedfordshire
Cheshire East
Cheshire West and Chester
Cornwall
County Durham
Coventry
Croydon
Derby
Doncaster
Dudley
Ealing
East Riding of Yorkshire
Edinburgh
Enfield
Essex
Gateshead
Glasgow
Greater London
Greenwich
Hackney
Hammersmith and Fulham
Haringey
Harrow
Havering
Herefordshire
Hillingdon
Hounslow
Hull
Islington
Kirklees
Lambeth
Leeds
Leicester
Lewisham
Liverpool
London
Luton
Manchester
Medway
Merton
Milton Keynes
New Forest
Newcastle
Newcastle upon Tyne
Newham
North Somerset
North Tyneside
North West
Northampton
Northern Ireland
Northumberland
Nottingham
Oldham
Oxford
Peterborough
Plymouth
Portsmouth
Redbridge
Richmond upon Thames
Rochdale
Rotherham
Salford
Sandwell
Scotland
Sefton
Sheffield
Shropshire
Solihull
South East
South Gloucestershire
South West
Southampton
Southend-on-Sea
Southwark
St Helens
Stockport
Stockton-on-Tees
Stoke-on-Trent
Sunderland
Sutton
Swindon
Tameside
Tower Hamlets
Trafford
Wakefield
Wales
Walsall
Waltham Forest
Wandsworth
Warrington
West Midlands
Westminster
Wigan
Wiltshire
Wirral
Wolverhampton
York
✗ Close categories
✗ Close categories
✗ Close categories
Harry Styles
Aaron Taylor-Johnson
Adele
Ashley Cole
Benedict Cumberbatch
Billie Piper
Boris Johnson
Charlie Hunnam
Cliff Richard
David Beckham
DJ 3lau
DJ Above & Beyond
DJ Afrojack
DJ Alesso
DJ Aly & Fila
DJ Andrew Rayel
DJ Angerfist
DJ Armin Van Buuren
DJ Arty
DJ ATB
DJ Audien
DJ Avicii
DJ Axwell
DJ Bingo Players
DJ Bl3ND
DJ Blasterjaxx
DJ Borgeous
DJ Borgore
DJ Boy George
DJ Brennan Heart
DJ Calvin Harris
DJ Carl Cox
DJ Carnage
DJ Code Black
DJ Coone
DJ Cosmic Gate
DJ Da Tweekaz
DJ Dada Life
DJ Daft Punk
DJ Dannic
DJ Dash Berlin
DJ David Guetta
DJ Deadmau5
DJ Deorro
DJ Diego Miranda
DJ Dillon Francis
DJ Dimitri Vegas & Like Mike
DJ Diplo
DJ Don Diablo
DJ DVBBS
DJ Dyro
DJ Eric Prydz
DJ Fedde Le Grand
DJ Felguk
DJ Ferry Corsten
DJ Firebeatz
DJ Frontliner
DJ Gabry Ponte
DJ Gareth Emery
DJ Hardwell
DJ Headhunterz
DJ Heatbeat
DJ Infected Mushroom
DJ John O'Callaghan
DJ Kaskade
DJ Knife Party
DJ Krewella
DJ Kura
DJ Laidback Luke
DJ Madeon
DJ MAKJ
DJ Markus Schulz
DJ Martin Garrix
DJ Merk & Kremont
DJ Mike Candys
DJ Nervo
DJ Nicky Romero
DJ Noisecontrollers
DJ Oliver Heldens
DJ Orjan Nilsen
DJ Paul Van Dyk
DJ Porter Robinson
DJ Quentin Mosimann
DJ Quintino
DJ R3hab
DJ Radical Redemption
DJ Richie Hawtin
DJ Sander Van Doorn
DJ Sebastian Ingrosso
DJ Showtek
DJ Skrillex
DJ Snake
DJ Steve Angello
DJ Steve Aoki
DJ Tenishia
DJ The Chainsmokers
DJ Tiddey
DJ Tiesto
DJ TJR
DJ Umek
DJ Ummet Ozcan
DJ Vicetone
DJ VINAI
DJ W&W
DJ Wildstylez
DJ Wolfpack
DJ Yves V
DJ Zatox
DJ Zedd
DJ Zomboy
Emilia Clarke
Emily Blunt
Gabriella Wilde
Gary Lineker
Gemma Arterton
Gwendoline Christie
Hayley Atwell
Helena Bonham Carter
Imogen Poots
Jason Statham
John Terry
Juno Temple
Kate Beckinsale
Kate Winslet
Keira Knightley
Liam Payne
Lily Collins
Louis Tomlinson
Niall Horan
Nicholas Hoult
Paul McCartney
Prince William
Ralph Fiennes
Richard Branson
Robbie Williams
Robert Pattinson
Rosamund Pike
Sophie Turner
Theo James
Tom Hardy
Tom Hiddleston
Tony Blair
Tyree Cooper
Wayne Rooney
Zayn Malik
✗ Close categories
✗ Close categories
✗ Close categories
Accountancy
Administration
Advertising
Aerospace
Agriculture
Analyst
Animals
Antiques
Archaeology
Architecture
Arts
Astrology
Astronomy
Auto News
Automotive
Aviation
Bakery
Biotechnology
Brazil
Cabaret
Call Centre
Car News
Care
Catering
Charities
Chemistry
Child care
Cinema, Theater & TV
Cleaning Industry
Coaching
Construction
Customs
Dairy industry
Dance & ballet
Debt collection agencies
Defense
DJ
Economy
Education & Training
Electrical
Entrepreneur
Farming & Agriculture
Financial
Firefighter
Fisheries
Flowers
FMCG
Food
Fruit & Vegetables
Genealogy
General News
Government
Hair stylist
Hotel
HR & Recruitment
ICT
Insurance
IT Executive
Jobs
Justice
Landscaper
Lawyer
Legal
Library
Logistics
Marketing
Meat industry
Medical Industry
Mining
Nurse
Online Trends
Pharmaceutical Industry
Pharmacy
Physical therapy
Police
Political
PR Public relations
Production & Industry
Project Management
Psychology
Public Transport
Publisher
Real estate
Research & Development
Restaurant
Retail
Sales & Marketing
Security
SEO
Shipping
Social work
Sustainable Energy
Teacher
Telecom
Tourism
Traditional Energy
Transport
Travel Industry
Web Design
✗ Close categories
✗ Close categories
-
The GOP tax plan isn't even a good try at trickle-down economics
-
Goldman Sachs wants to become the Google of Wall Street — and it's taking a recruiting tip from the tech giant
Goldman is looking to deepen its relationship with more universities across the US.
The financial giant has typically focused much of its energy on a basket of a couple dozen schools, but its CEO Lloyd Blankfein said the firm is casting a wider net.
Goldman hosted a half-day session with undergraduates from CUNY, a public university in New York City earlier this month.
During a fireside chat with students in September, Blankfein said the firm is looking for talent outside the I -
Republican Senators fire warnings shots about the new Senate GOP tax bill
Senate Republicans released their version of the GOP tax reform bill, the Tax Cuts and Jobs Act.
Sens. Jeff Flake, Marco Rubio, and Mike Lee expressed concerns about the amount of debt that could be added from the implementation of the legislation.A trio of Republican senators expressed concern about the Senate GOP's tax reform bill, signaling potential trouble ahead as Republicans race in their attempt to overhaul the federal tax code.
In the statement, Sen. Jeff Flake said he a -
There's one part of the Trump trade that's still crushing it
Business Insider executive editor Sara Silverstein talks about the stock market's rally one year into President Donald Trump's term. She finds that despite Trump's constant attempts to take credit for stock gains, that his return for the first 12 months is just the fifth-best in the post-war era. She shares reporting from Business Insider's Joe Ciolli that while some parts of the so-called "Trump trade" may have faded, companies with small and medium business exposu -
Nvidia is rising after crushing earnings (NVDA)
Nvidia posted earnings of $1.33 per share and revenue of $2.64 billion in the third quarter.
Wall Street was expecting adjusted earnings of $1.07 per share on revenue of $2.362 billion.
The company has been facing increased competition in the graphics processing space, especially recently.
Watch Nvidia's stock price move in real time.Nvidia released its third-quarter earnings after the bell Thursday.
The company reported earnings of $1.33 per share on revenues of $2.64 billion. Wall S -
Disney stock tumbles after missing earnings expectations (DIS)
Disney missed earning expectations Thursday afternoon.
Shares of the company fell 4% after the announcement.Shares of Disney fell 4% Thursday after the company reported Q4 2017 earnings that missed Wall Street expectations.
The company reported earnings of $1.07 per share, short of the expected $1.34 expected, on revenues of $12.78 billion, below the expected $13.32 billion.
"No other entertainment company is better equipped to navigate the ever-evolving media landsca -
BlackRock's bond chief discusses what's next for the Fed
Business Insider executive editor Sara Silverstein speaks with Jeff Rosenberg, chief fixed-income strategist at BlackRock, about newly appointed Federal Reserve chair Jerome Powell. Rosenberg says the response to tax reform from a monetary policy perspective is crucial. He notes that the market will focus not just on Powell, but what the tilts are for other board members.Join the conversation about this story » -
This is what you get when you invest in an initial coin offering
Miko Matsumura, co-founder of the Evercoin Cryptocurrency Exchange, talks with Business Insider executive editor Sara Silverstein about initial coin offerings. The following is a transcript of the video.
Miko Matsumura: Hi, I’m Miko Matsumura; co-founder of the Evercoin Cryptocurrency Exchange and here’s everything you need to know about initial coin offerings.
Sara Silverstein: So I really want to learn everything I can from you about ICOs. Seems to be a lot going on right -
Sen. Al Franken is doubtful Facebook, Google, and Twitter can police their sites — and is calling for 'vigorous oversight' by regulators (FB)
In a speech, Sen. Al Franken cast doubts on the big tech companies' ability to police their sites.
At congressional hearings last week looking into how Russian-linked groups used Google, Facebook, and Twitter to spread propaganda, the big tech companies promised to do a better job of blocking such efforts.
Franken called for regulators to step in to further investigate and oversee how those sites are being used and abused.In the wake or revelations that groups linked to Russia used -
International round-up: Adidas launches personalised app and P&G promotes ‘love over bias’
P&G promotes ‘love over bias’ in US campaign for Winter Olympics
Procter & Gamble is continuing its long-running ‘Thank You, Mom’ campaign in the US with a new spot that imagines what the world would be like if it was always seen through a mother’s eyes. Called ‘Love over bias’, it reflects the stories of real athletes and challenges and prejudices they might have faced.
The six vignettes in the film include a girl who comes from a culture where -
How Manchester City became the first Premier League club to hit 1m YouTube subscribers
A mixture of behind-the-scenes footage, ad hoc videos jumping on the latest social craze and tie-ups with high profile vloggers have helped Manchester City become the first Premier League football club to hit 1 million YouTube subscribers.
The club’s YouTube channel, which celebrated the milestone in October, has been viewed 350 million times since launching in 2011, with 51 videos passing the 1 million views mark. The club added 250,000 subscribers over the past year alone.
Manchester Cit -
Morrisons’ series of Christmas ads show how families prepare for the festive season
Morrisons is telling the story of how three families prepare for their perfect Christmas and the role its in-store colleagues play in “making Christmas” as part of its festive push.
The first ad, which aired on TV last night (8 November), shows a family writing letters to Santa, listing what they want this Christmas. The mother, who tells her son she’s asked for “loads”, is then able to find everything she needs at Morrisons. In one scene, for example, a Morrisons c -
Morrisons runs series of Christmas ads showing families preparing for the festive season
Morrisons is telling the story of how three families prepare for their perfect Christmas and the role its in-store colleagues play in “making Christmas” as part of its festive push.
The first ad, which aired on TV last night (8 November), shows a family writing letters to Santa, listing what they want this Christmas. The mother, who tells her son she’s asked for “loads”, is then able to find everything she needs at Morrisons. In one scene, for example, a Morrisons c -
Mark Ritson: Facebook’s segmentation abilities are depressingly impressive
The recent surge in attention being paid to the Russian influence on American society via its use of social media has produced a stream of ever more amazing insights.
A few months ago the headline that Russian operatives were using Google and Facebook to destabilise America and undermine its democratic process would have struck most people as the stuff of bad fiction. But as US lawmakers continue to investigate Russian social media tactics it has becoming clear that the question is not a matter -
Lloyds named new winner of Channel 4’s diversity competition
Lloyds Bank has been named the new winner of Channel 4’s annual Diversity in Marketing Award, almost three weeks after Volvo pulled out of the competition after claiming it had not approved its creative agency’s entry.
The bank’s campaign, focused around non-visible disability, is expected to launch in the first quarter of 2018 – although no exact timings have yet been set.
Marketing Week understands Lloyds’ entry, which was submitted by its creative agency ada -
Helen Tupper: To identify your next move think career possibilities, not career plan
Many of us struggle to answer the question ‘which role do you want to move to next?’ and even more of us are left frustrated by the direction in which we want our careers to go over the longer term. This lack of clarity can be detrimental to the choices we make and our ultimate career happiness.
The uncertainty about what we really want to do leads to one of three outcomes. One: you stay in your current role and after a period of time, stagnate and feel demotivated. Two: you hop arou -
Why Coke sponsored a virtual soccer player
via warc.comMIAMI, FL: Coca-Cola, the soft-drinks manufacturer, has developed an innovative spin on sponsorship through signing an endorsement deal with a virtual soccer player in FIFA 18, a video game created by EA Sports, a unit of Electronic Arts.Ricardo... -
Walmart explores voice-activated arena
via warc.comNEW YORK: Walmart, the retail giant, is leveraging a partnership with Google as it explores the potential of voice-activated technology for its business.Marc Lore, President/CEO Walmart Ecommerce US, discussed this subject during a session held at... -
US consumers shun big ticket gifts
via warc.comAUSTIN, TX: Despite a series of recent reports that have suggested US holiday shoppers will spend more this year, it seems few of them plan to pay large sums on their most expensive gift this holiday season, a new survey has found.According -
UK brands stand to gain from Singles' Day
via warc.comSHANGHAI: Singles’ Day, the annual shopping event hosted by Chinese e-commerce giant Alibaba, is expected to generate a record 152bn yuan ($23bn) in sales this year and British brands are on course to perform well, according to industry... -
Recipe videos help Kellogg's India to re-engage
via warc.comSINGAPORE: Kellogg’s used to have to contend with unenthusiastic consumers in India, where sales of its corn flakes were sluggish two years ago, but the FMCG group managed to re-engage consumers through effective video content marketing. ... -
Asian cities are most popular in the world
via warc.comGLOBAL: Hong Kong is the most visited city in the world, after attracting 26.6m global travellers in 2016, according to new rankings that are dominated by Asian cities.The latest -
African marketers fail to connect with women
via warc.comJOHANNESBURG:On some estimates, three-quarters of household spending power in Africa will lie with women within a decade, but research indicates that current marketing efforts are failing to resonate with this group and budgets are being wasted. ...
15 Nov 201714 Nov 201713 Nov 201712 Nov 201710 Nov 201708 Nov 201707 Nov 201706 Nov 201705 Nov 201704 Nov 2017
Follow @sales_mrktinguk on Twitter!

