President Donald Trump’s newly unveiled tax reform plan has one major component: Businesses need to receive significant tax cuts. Continue Reading Below The proposal would reduce the corporate tax rate from 35 percent to 20 percent. It also would limit the tax rate on so-called pass-through businesses to 25 percent. […]
FOX News
Las Vegas tourism sees changes in aftermath of shooting
Las Vegas’ tourism sector is bracing for changes in the aftermath of the massacre that killed 58 people at an outdoor music festival. Continue Reading Below Analysts who closely track the finances of the city’s casino companies say Las Vegas will see a short-term dip in visitors in response to […]
Yellen sounds upbeat note on economy and inflation prospects
Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will likely slow economic growth slightly but only temporarily and should be followed by a rebound by year’s end. Continue Reading […]
Elon Musk’s mother, Maye, redefining modeling industry at age 69
Cosmetics giant CoverGirl continued to shake-up the traditional modeling industry with its most recent announcement that it will now employ 69-year-old Maye Musk as the new face and ambassador of the company. Continue Reading Below “I’m very proud of my age,” Musk told FOX Business’ Melissa Francis on “After the […]
In Harvey Weinstein saga, young lives forever altered
NEW YORK – Katherine Kendall was 23 and fresh out of acting school when she met him. A former ballet dancer working hard to launch herself as an actress, she had just landed a good agent and was juggling a schedule packed with auditions. Continue Reading Below “He was so […]
Unwinding Fed’s balance sheet could hurt stocks: Jeffrey Gundlach
DoubleLine Capital CEO Jeffrey Gundlach on Friday said he expects the Federal Reserve to raise interest rates in December and discussed how the Fed’s plan to taper its balance sheet may be a problem for the stock market. Continue Reading Below “You can divine a probability that the bond market […]
Republicans may delay immediately cutting corporate tax rate
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New Jersey to join Nevada, Delaware in online gambling pact
TRENTON, N.J. – Gamblers in New Jersey, Nevada and Delaware will soon be able to wager against each other online in games like poker. Continue Reading Below Players in Nevada and Delaware have been able to play online poker against each other since 2015. The agreement announced Friday by New […]
Illinois to sell $6B of bonds to a skeptical market
Investor skepticism that Illinois can climb out of a deep fiscal hole will loom over the state’s $6 billion sale of tax-exempt bonds into the U.S. municipal market set to start next week. Continue Reading Below The fifth-largest U.S. state will have to demonstrate that it is willing and able […]
Qualcomm files lawsuits in China to ban iPhones: Bloomberg
Qualcomm Inc filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s iPhones in the country, Bloomberg reported on Friday. Continue Reading Below Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, Bloomberg said, citing a Qualcomm spokeswoman. (https://bloom.bg/2z6qMwu) Apple’s shares […]