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News & Updates
June 28, 2016 Lew says no sense of financial crisis developingSource: Washington Post
U.S. Treasury Secretary Jacob Lew says that the decision of British voters to leave the European Union is “an additional headwind” for the U.S. and global economies but “there is no sense of a financial crisis developing.”
Texas oilman Chris Faulkner built a high-profile public persona, raised millions for his oil and gas ventures and courted politicians. But the SEC has alleged that behind the scenes, he cheated investors out of $80 million to...
Source: Motley Fool
As investors in Bank of America (NYSE:BAC) watch its stock continue to drop in the wake of the U.K.'s vote to separate from the European Union last week, known as Brexit, it's tempting to get scared and flee. Let me explain why...
Britain's vote last Thursday to leave the European Union continued to reverberate through financial markets on Monday, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the...
Amid predictions of a post-Brexit economic tsunami, the UK government is trying to limit the damage of the country's pending withdrawal from the European Union, as leaders prepare for the first round of talks.
Source: Harvard Business Review
News of the United Kingdom’s vote to Leave the European Union shook financial markets Friday, and signaled the start of potentially years of economic uncertainty for Europe. What can policymakers do in response? I asked Adam...
June 27, 2016 The Surprising Evolution of House Republicans on TaxesSource: RollCall
The corporate tax rate of 35 percent would drop to 20 percent and the top individual rate of 39.6 percent would go down to 33 percent under the GOP plan. And small businesses organized as pass-through entities like partnerships,...
June 27, 2016 Is Coca-Cola About To Get Expensive?Source: Seeking Alpha
Philadelphia City Council Committee last week approved a tax of 1.5 cents per ounce on the sugary drinks. In an article, I mentioned some points which help explain why Philadelphia soda tax is not a big deal for PepsiCo...
June 27, 2016 Having Won, Some ‘Brexit’ Campaigners Begin BackpedalingSource: NY Times
LONDON — Freed from the shackles of the European Union, Britain’s economy would prosper and its security would increase. Britain would “take back control” of immigration, reducing the number of arrivals. And it would be able to...
The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black...
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