Money

The White House published a video on Wednesday that makes the case for tax reform. “The current tax code is broken,” the video begins then launches into a graphical plea to Congress to enact meaningful tax reform now. Americans need a simpler, more affordable, and competitive tax system and they need it now. Congress must act to pass tax reform, not ...

President Donald Trump posted a confusing statement Wednesday morning about retail behemoth Amazon and taxes. “Amazon is doing great damage to tax paying retailers,” Trump wrote on Twitter. “Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being ...

According to the latest figures from ABI Research, virtual reality (VR) technology looks set to gain widespread adoption over the next five years, reaching an installed base of 256 million users worldwide and generating revenues of over US$60 billion in 2022. While the consumer market is expected to account for most of the market’s revenue, the commercial and enterprise space will expand ...

NEW YORK, Aug. 9, 2017 /PRNewswire/ — Mortgage rates were little changed this week, with the benchmark 30-year fixed mortgage rate holding at 4.04 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.25 discount and origination points. The larger jumbo 30-year fixed dipped to 4.03 percent, and the average 15-year fixed mortgage rate inched ...

America’s economy continues to strengthen under President Donald Trump‘s agenda according to a report on manufacturing by the Institute for Supply Management released Monday. The broadest measure of sentiment in the manufacturing sector, the Product Managers Index, rose 2.9% to 57.8% in June demonstrating a manufacturing sector that is seeing growth and expecting more in coming months. Factories picked up ...

A Montana newspaper published an article praising the Trump administration for having negotiated a deal that will result in about $2.5 billion in beef sales to China. The Great Falls Tribune reported that starting in July “for the first time in about 14 years, U.S. cattle producers will have access to that market.” China, along with many other countries, halted U.S. ...

Amazon.com said Friday that it will acquire Whole Foods Market in a deal valued at $13.7 billion. Current CEO John Mackey will stay at the grocery store chain and continue to operate it under the Whole Foods brand. “This partnership presents an opportunity to maximize value for Whole Foods Market’s shareholders, while at the same time extending our mission and ...

BOCA RATON, Fla., June 9, 2017 /PRNewswire-USNewswire/ Despite holding interest rates unchanged in their May meeting, the Federal Open Market Committee (FOMC) seems bullish and unfazed with the reports of weakness in the growth in economic activity. The FOMC issued a strong statement signaling it believes the slowdown in growth is transitory and pointed to solid job gains in the ...

It’s ironic Elon Musk, one of America’s premier subsidy farmers, is also a perfect example of the difference between the private sector approach to cost and the government’s. Musk differs from earlier entrepreneurs like Thomas Edison and Henry Ford who became wealthy by building a better mousetrap. Musk became wealthy by harvesting government subsidies. The LA Times ran the numbers ...

Are organic foods really healthier than non-organic foods? Are they better for animals? Are they better for the environment. Bjorn Lomborg, president of the Copenhagen Consensus Center, explains.

Does the minimum wage help Americans who are in financial straits? No. In fact, it makes their lives worse. Learn why in this short video.

Are you restricted in your personal or capital movements? Then it’s time for you to consider a CBI program to give you and your money the freedom you need. Your ability to move effortlessly through the physical and financial world is directly linked to your nationality. If you are a citizen of a third world country, then you are limited ...

Baby boomers, whose parents looked askance at ‘moving in together,’ are doing just that in their old age, according to the Association of Mature American Citizens. The Pew Research Center reports that more seniors than ever before are cohabitating.  In fact, Pew says that the number of unmarried seniors who are living together increased by a whopping 75% between 2007 ...

Apple is pledging to dump one billion dollars to create an “advanced manufacturing fund” just after being threatened with import restrictions and reporting disappointing iPhone 7 sales. Apple CEO Tim Cook announced earlier this week that the company will put $1 billion into a fund to create U.S. manufacturing jobs later this month. “I’m proud to tell you that we’re ...

Job growth accelerated in April, reversing Marches downward move, according to a report from the Department of Labor released Friday. 211,000 new jobs helped the unemployment rate fall to a 10-year low of 4.4%. Jobs Numbers Nonfarm payrolls increased by 211,000 Seasonally adjusted U3 unemployment rate: 4.4% (-.1%) Broader U6 unemployment: 8.6% (-.3%) Number of unemployed persons (27+ weeks): 7.1 ...