Financial related news.
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Tuesday that he is hopeful Congress will pass a major tax overhaul this year and signaled that the administration would be open to changes sought by Congress to improve the chances for passage. In an interview with CNBC, Mnuchin also said the administration would consider making tax [...]
WASHINGTON (AP) — President Donald Trump and congressional Republicans have pledged to overhaul the nation’s complex tax code. To slash taxes, they say they’ll curb a web of expensive deductions and credits to allow more revenue to flow to the government. Problem is, they’re likely to run into a wall of resistance from people and [...]
WASHINGTON (AP) — Hiring increased in 11 states in July, while the unemployment rate tumbled to record lows in two states. The Labor Department said Friday that unemployment rates were relatively stable in most states. They fell in 15 states and rose in 23, including Ohio, which added 1,600 jobs, but many of the changes [...]
After Emilie Burke, 24, graduated from Princeton University in 2015 and moved to Baltimore, her expenses began piling up. “I had to put a down payment and security deposit on an apartment. I had to move. I still had to pay my cellphone bill,” says Burke, who now lives in Fayetteville, N.C. She wrote about [...]
Your neighbor pulls up in a sweet new ride. Your co-worker announces she’s taking yet another trip abroad. Your best friend upgrades to a bigger house in a better area of town. You’re pretty sure these people don’t make a lot more than you do. So how are they able to spend that kind of [...]
LOS ANGELES — Jerred Kiloh’s eyes narrowed as he checked his mirror again. The black Chevy SUV with tinted windows was still behind him. It had been hanging off Kiloh’s bumper ever since he nosed out of the parking lot behind his medical-marijuana dispensary with $40,131.88 in cash in the trunk of his hatchback. Kiloh [...]
WASHINGTON — Old inns along the Revolutionary War trails boast of George Washington sleeping there. But coin experts say they have found the first silver piece minted by the United States — one likely held by the most en vogue of Founding Fathers, Alexander Hamilton. David McCarthy figured the silver coin had to be one-of-a-kind [...]
WASHINGTON — Yes, you can buy happiness — especially if the money saves you time. People who dole out cash to save time on things like housekeeping, delivery services and taxis are a little bit happier than those who don’t, new research finds. Researchers surveyed more than 6,000 people in four countries and also ran [...]
When people go car shopping, they usually focus on the vehicle they want — not the loan that will pay for it. But good financing is the bedrock of a solid car deal, and missteps could cost you thousands. “Once you shake hands with the car salesman, you are not done,” says Oren Weintraub, president [...]
SAN FRANCISCO — Anyone holding the digital currency bitcoin could soon face some unsettling problems — up to and including financial losses, whipsawing prices and delays in processing payments. Though it’s also possible that nothing much may change. It all depends on whether the people who maintain bitcoin can agree by July 31 to implement [...]