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The Trump administration is seeking to get a tax-reform bill through Congress by November, White House legislative affairs director Marc Short said Monday. Speaking at an Americans for Prosperity event, Short said the goal is to get a bill through the House in October and the Senate in November. “That I think is an aggressive schedule, but that is our timetable,” Short said. Last week, congressional leaders and the White House issued a joint statement on tax reform, dropping the so-called border adjustment tax and saying they wanted to reduce tax rates “as much as possible.”

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Gold futures ended marginally lower Monday but saw a monthly gain. Gold for December delivery on Comex , the most active contract, fell $1.90, or 0.1%, to close at 1,273.40 an ounce. For the month, gold saw a 2.5% rise, according to FactSet.

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Shares of Boeing Co. surged $3.17, or 1.3%, toward a record high, enough to make it the biggest driver of the Dow Jones Industrial Average’s rally, after J.P. Morgan boosted its price target in the wake of the aerospace and defense giant’s “watershed” second-quarter results. The price gain was adding about 22 points to the Dow’s price, which was up 94 points in record territory. The stock was headed for a 7th straight gain; the 16% it has gained during the current streak would be its best seven-session performance since August 2009. J.P. Morgan analyst Seth Seifman kept his rating at overweight but raised his stock price target to $280, which is 15% above current levels, from $240. “Success on the numbers are driving estimates higher, while success on the qualitative front supports valuation and though the latter is more difficult to measure, we imagine last week’s results were a step forward,” Seifman wrote in a note to clients. “Qualitatively, management is pushing investors to think differently about Boeing with regard to strategic initiative, operational prowess and cyclicality.” The stock has been the Dow’s best performer year to date, running up 57%, while the Dow has gained 11%.

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Sam Shepard, Pulitzer-winning playwright and Oscar-nominated actor, has died at the age of 73. According to media reports, Shepard, who had been suffering from ALS, died peacefully at his home in Kentucky on July 30. Shepard authored some 40-plus plays, including his 1979 work “Buried Child,” for which he was awarded the Pulitzer Prize. He racked up nearly 70 acting credits in his career as well, and was nominated for an Academy Award for his supporting role as pilot Chuck Yeager in 1983’s space drama “The Right Stuff.”

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British households are increasingly grappling with debt at a time the U.K. economy is showing signs of slowing, Moody’s Investors Service warned Monday. “Household debt is high and still growing, leaving consumers vulnerable to an economic downturn, while higher inflation, weaker wage growth and levels of indebtedness leaves those in lower-income brackets the most exposed,” wrote Greg Davies, a research analyst at Moody’s. Delinquencies and charge-offs for credit card asset-backed securities, in particular, should increase if unemployment rises, Moody’s said in a note outlining its downgraded outlook for four out of five U.K. consumer-structured finance sectors. However, “we have maintained the stable outlook on U.K. prime [residential mortgage-backed securities] because this mortgage market is robust, with borrowers that have strong repayment capacity and have benefited the most from the recent decline in the interest rates”, said Davies. Moody’s warning came separately from June credit data from the Bank of England showing total borrowing surpassed £200 billion ($236 billion).

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Ride-hailing company Lyft Inc. has added Valerie Jarrett, former senior advisor to President Obama, as a board member, the company announced Monday. Before advising Obama and working as assistant to the President for public engagement and intergovernmental affairs, Jarrett served as a leader on private and nonprofit boards and worked in Chicago politics. Other Lyft board members include the company’s co-founders, Logan Green and John Zimmer, investor Ben Horowitz of Andreessen Horowitz and General Motors President Dan Ammann.

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