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New York Gov. Andrew Cuomo: America 'was never that great'

ALBANY - Gov. Andrew Cuomo gave an impassioned speech Wednesday by knocking President Donald Trump over his comments and policies toward women. Then Cuomo was stung by his own comments as he derided Trump when he said, "We're not going to make America great again. It was never that great." The Democ

USA TODAY - 2018-08-16 00:21:31

The CEO of an American boat manufacturer perfectly laid out how Trump's tariffs are crushing US businesses

Bill Yeargin, the CEO of US boat manufacturer Correct Craft, laid out inan op-ed for the Washington Examinerhow harmful Trump'srecent tariffsare for both his own company and the US economy as a whole.

BUSINESS INSIDER

Don't divert taxpayer money to vouchers. It does much more good at public schools.

These numbers are all but destiny for a school’s overall achievement. Low-income students face a number of personal obstacles that depress their performance — from housing instability and hunger to a lack of academic support outside school. These challenges follow low-income children no matter what

USA TODAY - 2018-08-16 08:15:00

Government shutdown threat greets Senate's return to DC

This comes after Senate Majority Leader Mitch McConnell, R-Ky., threatened to moor senators in Washington for the entire month of August.

FOX NEWS - 2018-08-15 13:32:17

Fiscal recklessness puts the next crisis on our doorstep

Surprise, surprise; despite the never-ending list of excuses, exaggerations and free-lunch promises over the past months, it turns out that the laws of economics still apply.

THE HILL - 2018-08-15 12:00:07

Cisco rises on strong earnings

Ciscostock rose more than 5 percent on Wednesday after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on July 28.Here's how the company performed:Earnings:70 cents per share, excluding certain items, vs. 69 cents per share as expected b

CNBC - 2018-08-15 20:44:05

Sam Adams co-founder praised Trump’s tax reform. Now this mayor refuses to drink the beer.

Somerville Mayor Joseph Curtatone, a Democrat, made asoberingdeclaration Sunday on Twitter: “I will never drink Sam Adam’s beer again!”

WASHINGTON POST

Canada's Corporate Tax Cut Success: A Lesson for Americans | Markets Insider

MONTREAL, Aug.14, 2018 /CNW Telbec/ -Â InDecember 2017, PresidentDonald Trumpcut corporate tax rates from 35% to 21%, effective immediately. While certain critics quickly lamented this policy decision, the President is currently mulling a second round of tax cuts. In this context, the Canadian exper

BUSINESS INSIDER

Sens. Mike Enzi, Richard Burr: Let's set some real consequences for bad behavior at the IRS

Every parent knows it’s important for children to learn that their actions have consequences. We teach our kids there is a price to pay for misbehaving or willfully breaking the rules, whether it’s a timeout for playing catch indoors or a grounding for breaking curfew. These experiences are about mu

WASHINGTON EXAMINER - 2018-08-15 04:00:49

The Trump Tax Cuts Keep Getting Worse for the Deficit — and Better for the Rich

In making their case for the president's sweeping tax-cut package last year, Republicans made two major (and majorly ludicrous) promises: The law would neither increase the federal deficit, nor deliver the bulk of its benefits to the very wealthy. "Not only will this tax plan pay for itself, but it

NYMAG.COM - 2018-08-15 14:48:35

Macy's shares tumble as department store struggles to grow sales

Macy'sshares tumbled Wednesday even after the department store operator reported quarterly earnings and sales that topped analysts' expectations and hiked its forecast for the full year.Amid tax reform and strong employment, consumers have been spending more across the U.S. and are expected to do so

CNBC - 2018-08-15 11:12:27

Productivity Jolt May Fizzle in Setback for Trump’s Growth Goals

U.S. productivity growth soared last quarter and could stay strong over the coming year. But the up-tempo pace may fizzle, frustrating President Donald Trump’s efforts to shift the economy into a faster gear.Output per hour worked rose at an annual rate of 2.4 percent last quarter, according to the

BLOOMBERG

Rich Professionals Are Using Pension Plans as a Tax Dodge

There’s one area where the traditional pension plan is getting new life -- as a tax dodge for wealthy business owners.Pensions, also known as defined-benefit plans, can be used by doctors, law partners and wealth managers to stash hundreds of thousands of dollars in income a year. By doing so, they’

BLOOMBERG - 2018-08-15 08:00:00

Canadian corporate tax cuts show success of strong economic policy

AsPresident Trumpmulls a second round of corporate tax cuts, this time targeting capital gains, his initial reduction of the corporate tax rate from 35 percent to 21 percent remains controversial in many quarters. SenatorElizabeth Warren, for one, wants to roll it back, should she be reelected to th

THE HILL - 2018-08-14 20:00:06

Roger Stone posts then deletes Nazi Space Force meme. He says he didn’t notice the swastikas.

Roger Stone, a confidant of President Donald Trump and a longtime Republican operative, posted an image that depicted himself and other Trump allies wearing space suits with swastika patches on Monday, before deleting the picture after outcry on social media.

WASHINGTON POST - 2018-08-14 20:35:00

NRF lifts 2018 U.S. retail sales forecast on strong job market, tax reform

The National Retail Federation on Monday raised its U.S. retail sales forecast for 2018, citing higher wages, gains in disposable income and a strong job market that have boosted consumer spending.

CNBC

U.S. retail sales rise as shoppers regain confidence

Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth.Retail sales rose at a 0.5% annual rate in July, after a 0.2% increase the previous month, the Commerce Department said Wednesday. June's

LA TIMES - 2018-08-15 00:00:00

You Know Who the Tax Cuts Helped? Rich People

Q1 2018 In 2018, Trump's tax plan was enacted, setting a new record for stock buybacks. Preliminary $150b Stock buybacks by quarter Among companies in the S&P 500 In 2005, Congress gave corporations a tax break on repatriating money from overseas, resulting in record stock buybacks. 100 50 0 2000 20

NEW YORK TIMES

These 9 Dividend Stocks Are About to Soar — Thanks to Donald Trump

InvestorPlace - Stock Market News, Stock Advice & Trading Tips" class="canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm">InvestorPlace - Stock Market News, Stock Advice & Trading Tips

CNBC

2018 retail sales could climb higher than previously forecast, the National Retail Federation says

Spending at retailers — excluding on automobiles, at gasoline stations and at restaurants — is now predicted to climb between 4.2 and 4.8 percent, The National Retail Federation said Monday, giving an updated outlook for 2018.That's compared with a prior forecast range of between 3.8 and 4.4 percent

CNBC