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Welcome to power lunch. Stocks are lower at this hour and dow and the s p 500 slightly higher telecomes are the best financials fedex more than 300 and wild trading day for bitcoin plunged 10 earlier and sinking again now. A lot of news. Hackings, bankruptcies and selling from a major player. Well dive deeper into it. Blackberry the company topping expectations and 2018 revenue and stitchfix, however, tanking. The Apparel Company increasing its Customer Base but its bottom line was impacted by higher costs. And chipotle taking a drop the stock is lowered by more than 2. 5 . Brian . Michelle, thank you. We begin today with the latest out of washington, d. C. The tax bill passing, again. All the angles of that bill covered. Abram at the president where the president is expected to hold a tax bill event at 3 00 p. M and kayla is on the next big story. Thats a funding bill to kee ....
To help you grow and protect your wealth. Fidelity wealth management. Republicans released their final version of what would be the president s first legislative victory if it passes. They vote as early as next week. Phil mattingly joins us with the latest. Its a 1. 25 trillion bill, a massive Corporate Tax cut from 35 down to 21 . Thats a change that had been set at 20 , but they need to figure out how to pay for things in this bill. The Child Tax Credit was boosted to 2,000. They also boost ed the refundbility from 1,100 to 1,400. Interestingly enough, the obamacare individual mandate, that will be repealed through this bill, not through the health care floos failed earlier, but through this bill. The Estate Tax Return something a lot of republicans talked about repealing for years now, that wont be repealed becaus ....