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CNBC Closing Bell August 22, 2017

Month. The reporter who broke that story with the latest. And shares of Home Builders Toll Brothers after a mixed Earnings Report and well hear about the companys cautious outlook but we start with the latest on tax reform and a report from politico says the big six are making significant strides on a plan moving past the framework pushed out in july, and one of the big six, Speaker Paul Ryan, is optimistic about getting things done. Heres what he said in a town hall last night. I believe its going to be far easier for us to do tax reform than it was say for Health Care Reform all right how close are we to getting a plan, and what exactly would be in it . Joining us are politicos nancy cook and our own ylan mui. Glad to have you both here for this discussion. Nancy, i was looking at your proposal today about the items that people are kind of rallying around here, but they include controversial ones like, you know, capping the Mortgage Interest Rate deduction and getting rid of the dedu

KQED Nightly Business Report August 23, 2017

Which the markets view as a sieve for corporate earnings. Technology and Energy Shares led the way as investors put their recent nervousness on the back burner. Today the Dow Jones Industrial average advanced 196 point 21,899. Bob pisani has more on todays bounce back. Reporter the bulls were back in charge today. Stocks rebounded after a string of sloppy trading days to close higher with the dow up nearly 200 points. Thats the best day in nearly four months. Tax reform talk set the stage early on after sources at the white house said lawmakers and president Donald Trumps Economics Team were closer to orchestrating tax cuts and are reaching a consensus on how to pay for those cuts. The markets rose because theres some finally meat on a tax cut proposal though some say short term tax cuts are far from full on tax reform. Regardless, risk is back on the table. Banks, biotech, Semiconductor Stocks are all higher on the day and more defensive sections like utilities, real estate, Consumer

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