Archive for April 27th, 2017

Your retirement is likely the biggest purchase you'll make in your lifetime. Shouldn't you prepare for it?

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Kai-Fu Lee, founder of Sinovation Ventures, discussed the future of artificial intelligence with CNBC.

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Some financial missteps will haunt you.

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Generations of Arkansas rice growers who farmed the flood plains near the Mississippi River had little reason to pay attention to water supplies or their impact on a changing climate.

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In yet another 140-character lesson in economics, President Trump has looked at the trade balance and once again demonstrated a level of understanding of the impact of trade that would earn him an F in any good first-year economics class.
In a tweet Wednesday morning the President directly linked economic growth rates to the trade balance, and lamented: The U.S. recorded its slowest economic growth in five years (2016). GDP up only 1.6%. Trade deficits hurt the economy very badly. President Trump, as he does about so many economic issues, sees the world as divided into…

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Late on the night of July 16, 1897, a reporter for the Post-Intelligencer in Seattle boarded a tug and set out into the Strait of Juan de Fuca to intercept an inbound steamer from Alaska. The Portland had sailed from St. Michael carrying several Washington residents and their wild stories. Beriah Brown Jr., the P-I reporter, had heard the whispers of successful gold hunters making their triumphal return and he wanted to get the scoop before anyone else. At around 3 in the morning on Saturday the 16th, the Sea Lion and Portland met up and Brown began to hastily interview anyone he could…

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The White House blueprint would kill an expensive break relating to state and local taxes, prompting a bipartisan backlash from lawmakers in New York and other high-tax states. GOP change could raise more than $1 trillion to help offset tax rate cuts

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Here's how things could change for low-, middle- and high-income earners, from itemized deductions to estate taxes, with President Trump's latest tax plan.

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After 100 days in office, Donald Trump finally released his plan for Americas tax system. The word plan may be a stretch, though. Despite all of the hoopla, the White House actually only released a one-page list of bullet points on Wednesday. Even so, it is clear that the Administrations approach is flawed.
The main tax cuts in the proposal would: reduce the top rate on business income to 15 percent, from the current 35 percent rate on corporate income and 39.6 percent rate for other businesses; cut individual income tax rates; raise the standard deduction; abolish the alternative…

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Gasoline prices further deteriorated and the dollar spiked following the European Central Bank's latest interest rate decision, dragging oil futures lower.

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President Donald Trump won’t immediately terminate U.S. participation in the North American Free Trade Agreement, the White House said, after he spoke with the leaders of Mexico and Canada about ways to renegotiate the accord.

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Ford’s first-quarter net income fell 35%, dented by safety-recall expenses, higher engineering and commodity costs, and weaker sales in the U.S.

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The American economy has been recovering from the Great Recession for nearly eight years. As the U.S. has added jobs and wages have risen steadily, a…

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President Trump’s tax reform plan will benefit most U.S. households and make filing taxes simpler but it will provide the biggest windfall to the wealthy, experts say. 

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With a tweet on Tuesday morning, President Donald Trump told Wisconsin dairy farmers—and the world—that America “will not stand for” the Canadian policies he says are hurting U.S. exports:

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