Archive for December 7th, 2017

<p>“Ambiance and atmosphere models” contractually obligated to pretend they’re party guests are in record demand from local agencies.</p>

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Now that the Senate has passed the tax bill, its high time we put our partisan griping aside and take a closer look at it. And while many have bemoaned the changes to the mortgage deduction as a plan to hurt homeowners, it is an element of the plan that both Republicans and Democrats should support.
Real estate professionals have come out against the plan, crying foul and claiming that it will eliminate incentives for homeownership and make more turn to renting. It all sounds like an awful deal for average Americans, but we need to check our logic.
In the middle of the twentieth century,…

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Despite considerable concern that the development of artificial intelligence will serve as a chainsaw, mowing down jobs in its path, AI is actually just another step in a journey we have been on for hundreds of years: The shift from upper body strength to cognitive skills as the basis for earning a continually improving living.Instead of being obsessed with the part of the glass that seems to be empty, we need to focus more on the part that is rapidly filling up.
A recent report by the McKinsey Global Institute has been seized on by many, including several media outlets, as a warning that 800…

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An investor's guide to bitcoin

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<p>Wildfires blazing through Southern California are worrying marijuana growers, who fear that smoke could damage their crops, the basis of a newly legalized industry in the state.</p>

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<p>Andrew Therrien wanted payback. He got it — and uncovered a conspiracy.</p>

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<p>The pressure to dismantle Berkshire will mount. The bulwark against that impulse is his successor, whose identity is one of the business world’s best-kept secrets.<br></p>

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<p>Andrew Therrien wanted payback. He got it—and uncovered a conspiracy.</p>

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After supposedly chomping on the bit for years to pass meaningful tax reform, Republicans are now set to blow an historic opportunity. Whatever version of the Bill that emerges from the House and Senate Conference Committee (which will be signed by President Trump faster than he can down a Filet o’Fish), will be far less than the Republicans envisioned when they finally captured the White House and both Congressional Chambers in 2016. But from what I have seen of the particulars, the revisions to the tax code will offer a marginal, although temporary, win for low income individuals, a major…

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One hundred and sixty-nine years ago yesterday, President James Polk delivered his State of the Union address to Congress. He had quite a lot to talk about, starting off, as many Presidents did in those days, by decrying the state of affairs in Europe (some things may never change). The troubled and unsettled condition of some of the principal European powers has had a necessary tendency to check and embarrass trade and to depress prices throughout all commercial nations, including, he warned, the United States its then current prosperity notwithstanding.
The Presidents primary…

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NEWARK, N.J. (AP) General Electric Co. will cut 12,000 jobs in its power division as alternative energy supplants demand for coal and other fossil fuels, and energy demand declines overall.
The company said Thursday that the cuts to both office and production jobs, will help right-size GE Power in a traditional power markets that is being upended globally.
The cuts, representing 18 percent of all jobs at GE Power, will take place largely outside of the U.S. Many will be in Europe, where other energy companies have already announced reductions.
GE plans to cut 1,400 of its 4,200…

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As technology takes over more of peoples daily lives, its also taking over ever-bigger chunks of their retirement accounts.
Surging prices for technology stocks around the world mean the industry is making up a larger proportion of global markets. In the United States, Apple, Googles parent company and other tech companies account for nearly 24 percent of the Standard & Poors 500 index. A decade ago, they made up less than 17 percent of S&P 500 index funds. The makeover is even more dramatic overseas, where ascendant companies like Chinas Tencent and Alibaba have quickly…

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WASHINGTON (AP) Congress seems set to prevent a weekend government shutdown, but lawmakers and President Donald Trump still have longer-range disputes to settle over spending, immigration and other issues before they can declare budget peace.
With many on both sides deciding a headline-grabbing federal closure would be a political blunder at least for now the House planned to approve legislation Thursday financing federal agencies through Dec. 22. The Senate seemed ready to follow. Without legislation, many agencies would run out of money after midnight Friday and grind to a…

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One of America’s most popular tax breaks is about to be rendered nearly useless. And there are few economists rushing to defend it.

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An investor in Sears Holdings is urging the embattled department store chain to consider going private.

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