America

Fact Checking Trade Rhetoric of Trump

In defending his threatened new tariffs on steel and aluminum, President Trump has issued a series of statements on trade agreements and tariffs. Here is a guide to rhetoric. Since this is a quick summary, we do not forgive Pinocchios, but many of his claims are greatly exaggerated. “We’ve lost $ 800 billion in recent… read more »

Income Tax Brackets For US – Tax Year 2018

It seems that the GOP has committed itself to a final tax bill. It is not over yet, but it is close enough that an article on the new income tax rates for 2018 makes sense. The bill, which represents a significant tax reform, changes significant changes in federal income tax brackets and deductions. Let’s… read more »

There’s always an old Trump tweet: trump indictment

As unpredictable as the Trump era has often been, there is one truth we can trust: somewhere in the Twitter accounts @realDonaldTrump, there is an old tweet that perfectly matches the latest news. On Friday, the Ministry of Justice announced allegations against the Russian company Internet Research Agency and 13 Russian individuals and accused them… read more »

DOJ investigated whether the Uber violated foreign bribery

SAN FRANCISCO Uber has just selected a new chairman, but the flood of bad news facing the Silicon Valley transport company does not stop. The company confirmed on Tuesday that the Department of Justice is investigating whether executives violate the US laws prohibiting the bribery of foreign officials. About cooperating with the investigation, said a… read more »

Trump can’t blame Amazon.com for woes of American retailers

The e-commerce giant is hardly killing the retail sector all by itself — or at all, for that matter. Early Wednesday morning, Donald Trump postedanother controversial tweet. This time, he’s picking a fight with e-commerce veteranAmazon.com(NASDAQ: AMZN): Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being… read more »

The Finance 202: Big banks had a good day in Washington

Mark it a banner day in Washington for the big banks. On Thursday morning, an A-team of regulators lined up before the Senate Banking Committee and largely agreed to dial back restrictions imposed on the industry after the financial crisis. And in the afternoon, the largest financial institutions all passed the first round of the… read more »

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