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Benefit of Trump tax cuts overshadowed by technology and misplaced policies: Milken conference speakers

LOS ANGELES (Reuters) – The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back “animal spirits” that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.

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Central American asylum seekers denied US entry for 2nd day

About 200 people in a caravan of Central American asylum seekers waited on the Mexican border with San Diego for a second straight day on Monday to turn themselves in to U.S. border inspectors, who said the nation’s busiest crossing facility did not have enough space to accommodate them. After a monthlong journey across Mexico under the Trump administration’s watchful eye, the asylum seekers faced an unexpected twist Sunday when U.S. Customs and Border Protection Commissioner Kevin McAleenan said San Diego’s San Ysidro border crossing facility had “reached capacity.” The agency said in a statement on Monday that it …read more […]