Archive for April 25th, 2017

Deep cuts in corporate and income taxes without new revenue could bloat the budget deficit.

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Deep cuts in corporate and income taxes without new revenue could bloat the budget deficit.

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Chipotle revealed that it had discovered "unauthorized activity" on one of its payment platforms.

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<p>The United States Department of Commerce imposed on Monday a 20% import tax on softwood lumber from Canada. The measure is the latest indication of mounting economic tensions between the U.S. and its northern ally. In a press release, U.S. Secretary of Commerce Wilbur Ross said, "It has been a bad week for U.S.-Canada trade relations.”<br></p>

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Warren Buffett isn’t the only rich person that lives frugally.

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Tyler Cowens The Complacent Class: The Self-Defeating Quest for the American Dream is a thought-provoking examination of what the American Dream is and how people reach it, using economic and sociological data in an easily-digested manner to back up assertions.
Although The Complacent Class was an enjoyable read as is, Cowen could have used the same data to reach the same conclusions for a differently-titled booka flaw that does not detract from the books merit, however.
Strongly Presented Arguments
Presenting data boosting both sides of an issue and siding with the favored premise…

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(Bloomberg) — Costco Wholesale Corp., the warehouse-club chain that’s largely avoided the retail industry’s distress, plans to return $3.1 billion to shareholders through the payment of a special dividend.

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Since Chairman Ajit Pai was named as Chairman of the Federal Communications Commission (FCC) in January, I’ve been encouraged by his moves to fix onerous regulations put in place by the Obama Administration and his advocacy for a new culture and procedures that will help the agency understand the impact of its proposed rulemakings on small business. There is still much work to be done, but Chairman Pai is on the smart regulatory path that will encourage more entrepreneurship, small-business growth, innovation, investment, and economic dynamism, both within and from the telecommunications…

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<p></p><p>Stocks ended sharply higher Tuesday as solid quarterly reports from several large-cap companies rolled in.</p><p></p>

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The Nasdaq Composite crossed the 6,000 mark for the first time ever Tuesday, but a number of fresh threats on the horizon should give investors pause.<br>

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The Trump Administration’s toughened enforcement is rattling horse trainers and their workers, an industry that quietly depends on an immigrant workforce

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<p>Stocks rallied again Tuesday as solid quarterly reports from several large-cap companies rolled in.</p><p></p>

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<p>The discount chain says it plans to open 1,000 stores this year, bringing its total store count to more than 14,300. The chain announced its plans after reporting that sales grew nearly 14% in the most recent quarter, to $6.01 billion.</p><p></p>

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Becoming a millionaire is part of the American dream, but is it out of reach for the average person?

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<p>Stocks got off to a strong start again Tuesday as solid quarterly reports from several large-cap companies rolled through.</p>

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