Man Wielding Knife Kills One and Injures Three at University of Texas

By DAVE MONTGOMERY and RICHARD PÉREZ-PEÑA May 1, 2017 AUSTIN — A man killed one student and wounded three others on Monday at the University of Texas, walking calmly from one to another and stabbing them with a bowie knife,...

Asia set to open higher; Reserve Bank of Australia decision, bank earnings in focus

Nikkei futures pointed to a higher open for the Japanese market, after the benchmark index finished at 19,310.52 in the previous session; Chicago futures traded at 19,380 and Osaka futures were at 19,370. In Australia, SPI futures traded at 5,945, a touch lower than...

Big tax reform ‘unlikely’ anytime soon, will probably see tax cuts, Carlyle’s Rubenstein says

It is “unlikely” that there will be a comprehensive tax reform bill anytime soon, Carlyle Group co-founder and co-CEO David Rubenstein told CNBC on Monday. Instead, he anticipates tax cuts.”We have these every 30 or 40 years. The last comprehensive...

Trump will seek border wall funds in fiscal 2018 budget request, Mulvaney says

White House budget director Mick Mulvaney told reporters on Monday that President Donald Trump would sign a spending bill that avoids a government shutdown when he receives it on Thursday or Friday. At a White House briefing, Mulvaney said that while the legislation...