The struggling stock market reveals a major flaw in Democrats’ tax plan that could become law if Joe Biden wins the presidency: Mark to Market taxation of capital gains.
Because of the coronavirus bailouts, the federal deficit is now expected to be $3.7 trillion for fiscal year 2020. This is a huge drag on Americans’ earnings and retirement security.
In a record-setting day this week, the price of a barrel of crude dropped to -$37.63. Unless the price goes back above $35 quickly, our oil industry will totally collapse, and many will lose their jobs.
A week after the transactions, the economy began to take a sharp turn, and the stock market has declined about 30 percent since.
During President Trump’s press conference today, the Dow Jones hit a record one-day high. But CNN didn’t care to talk about that.
Trump declared a national emergency over the Wuhan virus Friday, invoking the Stafford Act to release additional resources to combat the outbreak.
Not only is it clear that corporate media can’t be trusted to provide accurate information about an issue of public concern, it’s clear they don’t care about public health or the economy.
President Trump’s bombastic style works a lot of the time. Coranavirus is not one of those times.
The stock market and wages are important means to an end. But though the market is booming now, conservatism doesn’t fail if it drops.
The DOW fficially reached 28,333, hitting a 10,000 point high since Trump’s triumphant Republican victory in 2016 despite doomsday predictions.
Warren’s proposed legislation to rein in corporate governance practices would likely torpedo retirement savings, punishing everyday Americans for the alleged sins of nebulous corporate overlords.
After years of dismal growth, during one of the weakest recoveries ever, business leaders saw in Trump an opportunity to juice the economy and gain back some of what was lost under President Obama.
Bogle created index funds in 1975, transforming the world of investing and making it easier for millions of Americans to hold onto their money.
What do we gain by having insider trading laws? Have any of the federal securities laws passed since the New Deal done anything to make financial markets any less of an insider’s game?
The president cannot easily influence the stock market over time, or the economy. Nor should he be able to.
Hours after Congress passed a massive tax overhaul bill, several large companies announced they would give employees bonuses and raise wages.
The Dow’s record-setting performance might appear to reflect the strong performance of its 30 component corporations. Instead, it shows how financial engineering masks market weakness.
If you’re motivated, you can flip your finances from a dismal cycle of paycheck to paycheck to an impressive investment in your present and future.
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