EghtesadOnline: President Donald Trump will call for cutting taxes for individuals and lowering the corporate rate to 15 percent to fulfill a promise he made during his campaign, according to a White House official.

EghtesadOnline: Republican presidential nominee Donald Trump quietly scrapped his plan to offer a major tax cut to partnerships and other businesses organized as pass-through entities -- a surprise change that will make his tax proposals less favorable for investment professionals -- after it prompted criticism.

EghtesadOnline: U.S. stocks slid as investors weighed the impact of the Republican tax proposal that would dramatically cut levies on corporations and the wealthy. Politics dominated trading in Europe, with the euro sliding after the German election, giving European stocks a boost.