The stark differences between the Trump and Clinton tax plans and how they address 'loopholes'
Donald Trump's struggles in the New Jersey casino business predated his reported $916 million loss claimed on his 1995 tax returns. (Jewel Samad/AFP/Getty Images) Both candidates for president have promised to scale back the federal tax code's vast number of “loopholes.” On his website, Donald Trump promises to “eliminate special interest loopholes, make our business tax rate more competitive to keep jobs in America, create new opportunities and revitalize our economy.” On her site, Hillary ..>> view originalAmerica's Richest Women 2016
Stocks edge lower as Brexit fears reemerge
In this Monday, Sept. 26, 2016, file photo, traders Kevin Lodewick, left, and Richard Cohen work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)(Photo: Richard Drew, AP)U.S. stocks were trading mixed in morning trading Tuesday and the British pound sank to its lowest level versus the dollar since 1985 as Britain moves closer to setting in motion the process to exit the European Union.At 10.30 a.m. ET, the Dow Jones industrial average was 10 points lower, or 0.1%, after..>> view originalIMF says global economic recovery 'weak and precarious'
Image copyright Getty Images The International Monetary Fund has cut its forecast for UK economic growth next year as it warned that the global recovery remains "weak and precarious".Although the IMF raised its prediction for UK GDP growth this year to 1.8%, the figure for 2017 was cut to 1.1%.Its assumptions are based on "smooth post-Brexit negotiations and a limited increase in economic barriers".The IMF's latest World Economic Outlook predicts "subpar" global growth this year of 3.1%, ri..>> view originalAmazon Bans Free Review Samples Unless Vendors Join Vine
First Click: Amazon Echo leaves the door open for Google Home
Google is playing catch up here, following in Amazon's footsteps after the company unveiled the Echo back in 2014. With the Echo, the retailer created a new home for AI digital assistants; those programs that are supposed to help manage your life by scheduling meetings, buying plane tickets, and so on. Google has been working on this sort of product for years, adding Google Now functionality to Android phones and tablets since 2012. But with the Echo, Amazon found a new way to package these voi..>> view originalPatel's Big Day Out Signals Abrupt Shift From Rajan's Stormy Era
It was meant to be independence day for India’s central bank. It might instead be viewed as mission accomplished for Prime Minister Narendra Modi’s government.With a new governor at the helm of a newly-minted Monetary Policy Committee, the bank had the opportunity Tuesday to buttress the autonomy over interest-rate decisions that former leader Raghuram Rajan fought for. With the economy growing in excess of 7 percent, most economists predicted no change in the benchmark.Instead, Reserve Bank of..>> view originalSweden's Ericsson cuts 3000 jobs, reduces operations
The Associated Press 8:44 a.m. EDT October 4, 2016Flags with the logo of telecoms equipment maker Ericsson flutter outside the company's headquarters in Stockholm.(Photo: Maja Suslin, AFP/Getty Images)STOCKHOLM - Ericsson said Tuesday it will cut 3,000 jobs in Sweden, or nearly 20% of its local workforce, and will downsize operations at several plants as part of its global plan to cut costs by $1 billion in 2017.The Swedish networks company employs 115,000 people globally, of which ..>> view originalOlive Garden just signaled an ominous threat to the restaurant industry
Tony Malloy/Flickr The restaurant industry needs some blood-letting according to the CEO of a major restaurant chain. The CEO of Darden Restaurants, the owners of chains such as Olive Garden and Longhorn Steakhouse, said in the company's quarterly earnings call on Tuesday that the restaurant industry needs to see some changes in order to become healthy again. Currently, traffic for restaurants overall is falling. There are a number of reasons for this: the relative co..>> view originalOlé! Food deals, promotions abound for National Taco Day
The two-pound Taco Gigante and regular taco at Margaritas Mexican Restaurant(Photo: Anthony Tieuli)It's probably not exactly circled on your calendar, but Tuesday is National Taco Day.It's an excuse for Mexican food purveyors to either offer cool discounts or come up with another promotion in hopes to catching the attention of hungry diners with myriad options.Some chains are opting for giveaways or deals for the day. Others, like giants Taco Bell and Qdoba, are going a different route, using it..>> view original
Sunday, October 9, 2016
The stark differences between the Trump and Clinton tax plans and how they address 'loopholes' and other top stories.
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