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Passage of Senate Tax Bill Puts R&D Tax Credit in Doubt

Passage of Senate Tax Bill Puts R&D Tax Credit in Doubt

Senate Republicans, in their successful push last week to pass a sweeping tax bill, may have undermined a R&D tax credit many companies count on to encourage innovation.

Published 1 month ago

Like the Cubans Before Them, Venezuelan Exiles Are Transforming Florida Politics

Like the Cubans Before Them, Venezuelan Exiles Are Transforming Florida Politics

Both U.S. parties are hustling to recruit a flood of exiles gathering around Miami, in a state where the last presidential election was decided by a mere 113,000 votes.

Published 1 month ago

CVS to Buy Aetna for $69 Billion

CVS to Buy Aetna for $69 Billion

Aetna investors will receive $145 a share in cash, $62 in stock, in deal to be announced Sunday.

Published 1 month ago

Overseas Investors (Finally) Join the U.S. Stock-Market Party

Overseas Investors (Finally) Join the U.S. Stock-Market Party

Foreign-investor money is pouring into the U.S. stock market at the fastest clip in years, ending a long period of selling and providing a fresh boost to a more than eight-year rally.

Published 1 month ago

CVS Health set to buy Aetna for $68bn

CVS Health set to buy Aetna for $68bn

Published 1 second ago

How Cash-Strapped Chicago Snagged a Triple-A Rating for Its New Bonds

How Cash-Strapped Chicago Snagged a Triple-A Rating for Its New Bonds

Chicago has created a new company to sell the debt, offering a tempting pledge to investors: a dedicated first claim to the city’s sales taxes.

Published 1 month ago

Donald Trump Slams FBI After Flynn Plea, Removal of Agent

Donald Trump Slams FBI After Flynn Plea, Removal of Agent

President Donald Trump characterized the FBI as tainted and biased in a series of tweets Sunday morning, two days after his former national security adviser pleaded guilty to lying to the FBI and struck a plea bargain with special counsel Robert Mueller that raised the legal stakes for the president’s inner circle.

Published 1 month ago

German Christmas Market Bomb Could Be Extortion Plot, Police Say

German Christmas Market Bomb Could Be Extortion Plot, Police Say

German police said a bomb found in Potsdam on Friday was aimed at extorting millions of euros from Deutsche Post and said the perpetrator could send further potentially deadly devices.

Published 1 month ago

Economy Has Room To Grow, Here’s Why

Economy Has Room To Grow, Here’s Why

Recent reports overstate how fast the U.S. economy is growing, but strength overseas and the tax plan should give it a boost

Published 1 month ago

The changing of the guard at the Fed

The changing of the guard at the Fed

It is now widely recognised that President Trump will have had the opportunity to transform the leadership of the Federal Reserve during his first two years in office. Including the promotion of Jerome Powell to Chair, six of the seven board members will have been nominated by the current administration when the process is completed next year. In addition, the President of the New York Fed will have been replaced by its own board. Such a root-and-branch upheaval in the Fed’s key personnel is unprecedented in its history.

Published 1 month ago

AfD moderates suffer defeat that reveals shift to party’s hard-right

AfD moderates suffer defeat that reveals shift to party’s hard-right

Hardliner Alexander Gauland steps in as co-chair of sharply divided German party

Published 1 month ago