Just like your wedding day or the day your child is born, retirement is a huge and exciting milestone — but it can also be terrifying. Continue Reading Below Retirement is full of unknowns — namely, the uncertainty surrounding whether you’ll have enough money to last through retirement. In fact, […]
FOX Business News
Will Promised Tax Credits Disappear Under the Republican Tax Plan?
Republican leaders recently told Americans about their new tax reform proposal, introducing it as part of a key bill in the House of Representatives. Most of the provisions in the bill were expected, including a simplified set of tax brackets for individual taxpayers, lower corporate tax rates, the phasing out […]
6 Ways to Make Getting a Mortgage Easier
For many people, the most daunting part of the homebuying process isn’t finding the right house. It’s getting a mortgage. Continue Reading Below It’s easy to understand why that’s the case. Asking a bank or other financial institution to lend you hundreds of thousands of dollars isn’t something most people […]
In ar partisan tone, House panel starts work on GOP tax plan
WASHINGTON – Buffeted by seething partisan differences, members of a key House panel are digging into work on the sweeping GOP tax plan that President Donald Trump and Republicans are counting on to protect their majorities in elections a year from now. Continue Reading Below The Ways and Means Committee […]
Germany’s BMW sees Q3 earnings slip on higher investments
BERLIN – German automaker BMW AG says its third-quarter earnings were 1.8 percent lower than a year earlier as a result of increased costs for investments, research and development. Continue Reading Below The luxury car maker said Tuesday that it earned 1.79 billion euros ($2.08 billion) in the July-September period, […]
General Electric explores options for aircraft leasing unit – sources
General Electric is weighing options for its aircraft leasing operations, including the sale of all or part of the business, as Chief Executive John Flannery searches for new divestitures, according to people familiar with the matter. Continue Reading Below GE’s move on GE Capital Aviation Services (GECAS), the world’s second-largest […]
Threatened medical deduction seen as valuable, versatile
WASHINGTON – The Republican tax overhaul bill would repeal the deduction for medical expenses. That means millions of people unlucky enough to face big medical bills not covered by their insurance would lose a valuable and versatile tax break. Continue Reading Below It can offset costs for nursing home care, […]
Oil prices hold around 2-1/2 year highs
Oil prices largely held on to gains on Tuesday after posting the biggest rise in six weeks a day earlier, buoyed by moves by Saudi Arabia’s crown prince to tighten his grip on power and rising tensions between the kingdom and Iran. Continue Reading Below U.S. West Texas Intermediate (WTI) […]
Toyota profit rises on sales growth, cheap yen, cost cuts
TOKYO – Toyota Motor Corp. is seeing a 16 percent gain in fiscal second quarter profit as sales grew, and a cheaper yen offset higher marketing costs. Continue Reading Below Toyota, Japan’s top automaker, reported Tuesday its July-September profit totaled 458.2 billion yen ($4 billion), up from 393.7 billion yen […]
Toyota’s 2Q operating profit increased 10%, topping expectations
Toyota Motor upgraded its forecast for full-year operating profit by 8.1 percent as it expects a weaker yen to boost its bottom line even though its North American business is feeling the heat of fierce competition. Continue Reading Below Japan’s largest automaker now expects operating profit to come in at […]