Economy

It deviated somewhat from what he proposed during the campaign and compared to other Republican candidates his plan then excited me the least. Key to the president's plan is to cut the corporate tax rate from 35 percent to 15 percent. "So, in essence, we are creating a zero tax rate - yes, a zero tax rate - for the first $24,000 that a couple earns". Given the already heavy burden of interest payments on the existing national debt, increasing it further could have economic consequences ...
  • Oil prices drop as USA pumps more

    Economy

    May West Texas Intermediate crude shed 24 cents, or 0.5%, to settle at USD52.41 a barrel. On Wednesday, the Organization of the Petroleum Exporting Countries' Secretary-General Mohammad Barkindo called on all non-OPEC producers who aren't part of the output-cut agreement to join the pact, according to a news report from Platts.
  • Trump starts review of federal 'overreach' in education

    Economy

    Senator Heinrich has expressed deep concern with President Trump's erosion of transparency and clear shift to obstruct the American people from accessing information on who is visiting the White House and who is influencing the formulation of policy in the Trump administration.
  • Aaron Hernandez's lawyer: Medical examiner has not released his brain as promised

    Aaron Hernandez's lawyer: Medical examiner has not released his brain as promised

    Economy

    But the medical examiner's office said it wanted to complete its investigation into the death before releasing it. The body will be sent to another location that has not been announced. He had been serving a life sentence without parole for the 2013 slaying of a onetime friend. State Police found cardboard jammed into the door tracks of Hernandez's cell.
  • Wells Fargo & Co (WFC) Lifted to Buy at Vetr Inc

    Wells Fargo & Co (WFC) Lifted to Buy at Vetr Inc

    Economy

    Currently Wells Fargo & Company (WFC) has beta value of 0.95. During the same quarter previous year, the firm earned $0.99 EPS. Marks, speaking out of turn at Wells Fargo's annual meeting in Florida on Tuesday, urged members of the board to "have the guts" to explain "whether you were complicit or incompetent" in their knowledge of the scandal where 5,300 employee were fired for creating some two million fake accounts.
  • President Trump Pushes a Button to Order Coke on Demand

    President Trump Pushes a Button to Order Coke on Demand

    Economy

    However, instead of being reassuring or politically resounding, the interview, much like all of his other interviews, was a hodgepodge of incoherent statements, baffling claims and unintelligible mumbles. This glimpse into how the 45th USA president is making himself at home at the White House was mentioned briefly in an Associated Press interview published on Sunday (April 23).
  • Mondelez International Inc (MDLZ) Raised to "Buy" at TheStreet

    Economy

    Let's take a look at analyst target price estimates on the stock. Berenberg Initiates Coverage On the company's stock to Buy on 1/05/17 with no specific Price Target. Currently, the market capitalization of Mondelez International, Inc. The Relative Volume value measured for Mondelez International, Inc. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & global copyright & trademark laws.
  • War of words escalates between North Korea and US

    War of words escalates between North Korea and US

    Economy

    McMaster. Secretary of State Rex Tillerson, Defense Secretary Jim Mattis and Director of National Intelligence Dan Coats described North Korea as "an urgent national security threat and top foreign policy priority". Sok said Tuesday's massive artillery drill, held on the 85th anniversary of North Korea's army, was a warning to US President Donald Trump. China and Russian Federation have opposed the defense system, saying it undermines their own security interests.