The e-commerce titan creates a new program specifically for teen shoppers, ages 13 to 17. BY BEN FOX RUBIN OCTOBER 11, 2017 6:00 AM PDT Fidget spinners, sarcasm, Sunny D. These are the hip, cool things teens know and love. Now they can add another item to that list: Buying from Amazon. The world’s biggest online store… Read More
The U.S. economy lost 33,000 jobs in September even as the unemployment rate fell to 4.2 percent, the Bureau of Labor Statistics reported Friday. It was the first time since September 2010 that the closely watched number was negative. Economists surveyed by Reuters expected payroll growth of 90,000 in September, compared to the initially… Read More
The Treasury Department announced Wednesday that it will pull several tax regulations identified as burdensome under President Donald Trump’s Executive Order 13789, including the proposed Sec. 2704 regulations that would limit valuation discounts for estate, gift, and generation-skipping transfer tax purposes (Second Report to the President on Identifying and Reducing Tax Regulatory Burdens (Oct. 4, 2017)).… Read More
Fair Game By GRETCHEN MORGENSON When Warren Buffett acts, investors notice. And after he took a roughly $300 million position last month in Home Capital Group, a troubled Canadian mortgage underwriter, some investors saw it as a vote of confidence not only in that company, but also in Canadian stocks over all. Al Rosen takes a different view. A veteran… Read More
Seven Reminders for Taxpayers Filing Their 2016 Tax Returns by Oct. 16 Every year, millions of taxpayers ask for an extra six months to file their taxes. These taxpayers should have paid the tax they owed by the April deadline, but those who requested an extension should mark Monday, Oct. 16 as the extension deadline… Read More
GlobeNewswire Oct. 2, 2017, 09:00 AM SAN DIEGO, Calif., Oct. 02, 2017 (GLOBE NEWSWIRE) — AbacusNext®, the largest Technology-as-a-Service (TaaS) provider for the legal and accounting professions, hosted an exclusive, behind the scenes VIP event in La Jolla, California for thought leaders and influencers specializing in accounting technology. Attendees were personally introduced to AbacusNext executives and… Read More
(Reuters) – A tree trimming company has been handed the largest penalty imposed in a United States immigration case, totaling $95 million, after pleading guilty to employing illegal immigrants, the U.S. Attorney’s Office said. Immigration reform is a major political issue in the U.S., with President Donald Trump saying he will crack down on illegal… Read More
Fair Game By GRETCHEN MORGENSON AUG. 4, 2017 Investors liked what they saw in PayPal’s second-quarter financial results, reported by the digital and mobile payments giant on July 26. Revenues grew to $3.14 billion in the quarter that ended in June, an increase of 18 percent over the same period last year. Total payment volume of $106… Read More
Drastically lower rates for businesses. Fewer income tax rates for individuals. A much larger standard deduction and child tax credit. A repeal of the estate tax. CNN obtained a copy Wednesday of a Republican framework for tax reform that has been in the works for months and will finally be presented Wednesday. The blueprint, which… Read More
by Matt McFarland @mattmcfarland Almost 100 years ago, the U.S. horse population peaked at about 26 million. There’s been, of course, a steady decline since then, thanks to the growth of machines — most notably, cars. Today, a debate rages over workers and whether we too may become obsolete as society becomes automated. The fear of robots… Read More