When top congressional and administration tax reform negotiators met at the White House with President Donald Trump on Tuesday their message was basically the same. They stressed the urgency of getting the House moving on a tax bill by the end of the month. If that timetable slipped, one of the president’s top agenda items […]
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YOU can spin it on your nose, chin, finger or tongue. Some include LED lights, others resemble a ship’s wheel, or even a skull and crossbones. The fidget spinner has three paddle-shaped blades attached to a central, weighted disc containing ball bearings. Flick a blade and it spins, for anything up to 12 minutes in […]
Read moreStanley Fischer is stepping down as vice chairman of the Federal Reserve, creating another opening at the central bank for President Donald Trump to fill. In a letter to Trump on Wednesday, Fischer cited “personal reasons” and said the resignation will take effect Oct. 13, two days before his 74th birthday. “It has been a […]
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‘Nothing was illegal’: British lingerie tycoon defends boyfriend over alleged link to tax avoidance
British entrepreneur and parliamentarian Michelle Mone has defended her billionaire boyfriend over his links to an alleged £13 million ($16.9 million) tax avoidance scheme. Doug Barrowman had previously served as director of an offshore payroll company called Aston Management Ltd (AML). AML is said to have helped its workers reduce their tax bills to less […]
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Euro strength makes Europe a buying opportunity for investors, Barclays says
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. The research states that the 5 percent decline in European stocks driven by the 10 percent appreciation in the euro may appear justified. The pan-European Stoxx 600 hit a […]
Read moreHouston area residents picked up the pace of their recovery from Hurricane Harvey on Tuesday, jamming roads as they returned to offices and schools to help get the nation’s fourth largest city and its vital shipping and oil industries back on track. The region is getting a boost from Mexico, which sent volunteers to shelters […]
Read moreThe European Union’s top court dismissed complaints on Wednesday by Slovakia and Hungary about EU migration policy, upholding Brussels’ right to force member states to take in asylum seekers. In the latest twist to a divisive dispute that broke out two years ago when over a million migrants poured across the Mediterranean, the European Court […]
Read morePresident Mario Draghi at the European Central Bank (ECB) will once again face a balancing act when he speaks to the media on Thursday afternoon, with a strong euro scuppering any talk of a quick end to the central bank’s asset purchase program. The ECB’s Governing Council is largely expected to upgrade growth forecasts while […]
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Swiss confectioners invent a new kind of chocolate for the first time in 80 years
Switzerland, a country famed for its services to chocolate, unveiled a new iteration of the sweet stuff Tuesday called ‘Ruby’. The pink hued chocolate is the fourth type ever to be created and comes 80 years after the launch of White chocolate. Barry Callebaut, the chocolatiers behind the creation, say the new product will satisfy […]
Read moreThe European Central Bank (ECB) is likely to hold off on making any announcements on its stimulus program when it meets this week, instead opting to push new developments to October in the face of a strong euro. President Mario Draghi said at the last ECB press conference that the Governing Council would discuss the […]
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