Year-Round Tax Strategies for Traders

In essence, the IRS becomes your trading partner and can claim as much as 40% of your profits. Many traders pay way more in taxes than they have to. But in order to maximize your tax savings, you have to start planning way ahead of...

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stocks

Imports hit historic high at Philadelphia port

PHILADELPHIA (AP) — Authorities say shipping has reached record levels at the Philadelphia port. The Inquirer reports ( http://bit.ly/2lBJzMT ) that cargo and containerized freight are up a combined 54 percent, making January the best month in history. The completion of the Panama Canal expansion now allows larger ships to access the Delaware River. Companies from Chile, Peru, and Panama export...

February 21, 2017
stocks

Eiffel Tower view: Paris tourism rises after yearlong slump

PARIS (AP) — Tourism to Paris is showing signs of a revival after a yearlong slump attributed to deadly extremist attacks, violent labor protests, strikes and floods. The biggest drop came in demand for Paris hotels from Chinese, Japanese, Russian and Italian tourists, according to 2016 figures released Tuesday by the Paris regional tourism committee. The Louvre Museum, Musee d'Orsay and Disneyland Paris saw...

February 21, 2017
stocks

Money-losing Toshiba selling medical leasing unit to Canon

TOKYO (AP) — Embattled Japanese electronics maker Toshiba Corp. is selling its stake in a medical equipment leasing company to Canon Inc. for 31.4 billion yen ($277 million). Toshiba said Tuesday it is selling its entire 65 percent stake in Toshiba Medical Finance Co. to Canon, a Japanese camera maker, effective March 31. Tokyo-based Toshiba has been in talks with Canon since late last year on the...

February 21, 2017
stocks

EU tries to keep multinationals from using tax loopholes

BRUSSELS (AP) — European Union finance ministers agreed Tuesday to new rules aimed at preventing multinational companies from exploiting differences in tax rates between countries in the 28-country EU and those outside the bloc. At a meeting in Brussels, ministers backed the new rules, which will target various practices whereby large corporations can take advantage of loopholes between the tax systems of EU member states and non-EU countries in order to reduce their tax liability. Critics say these so-called "hybrid mismatches" have been used by many large companies, including the likes of Apple and McDonald's, to reduce their tax payments. Tuesday's move is the latest effort by the EU to clamp down...

February 21, 2017

Top Trading Articles

stocks

In Trump's future looms a familiar shutdown threat

WASHINGTON (AP) — Add a potential government shutdown to embattled President Donald Trump's growing roster of headaches. Beneath the capital's radar looms a vexing problem — a catchall spending package that's likely to top $1 trillion and could get embroiled in the politics of building Trump's wall at the U.S.-Mexico border and a budget-busting Pentagon request. While a shutdown deadline has a few weeks to go, the huge measure looms as an unpleasant reality check for Trump and Republicans controlling Congress. Despite the big power shift in Washington, the path to success — and averting a shuttering of the government — goes directly through Senate Democrats, whose votes are required to pass the...

February 21, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 19, 2017
forex

Solar power lights up lives in Nigeria

JOHANNESBURG (AP) — The surprise was finding that people dependent on candles, batteries, kerosene and fuel for generators in countries without a secure supply of electricity spend more on power than solar options. The founders of Dutch company Lumos knew they could do better: In Nigeria, for the cost of powering a small generator for two hours they offer enough solar power to light a house, cool a room with a...

February 21, 2017
stocks

Trades for February 15, 2017

Trades for today are in the Diamond Offshore Drilling-DO stock in the U.S...

February 14, 2017
stocks

Trades for February 14, 2017

Trades for today are in the Ensco Intl-EVS stock and in the Forex market...

February 13, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 13, 2017
forex

Eurozone economy seen running at near 6-year high

LONDON (AP) — Economic growth in the 19-country eurozone accelerated in...

February 21, 2017
forex

Chinese minister appeals to Washington to avoid 'trade war'

BEIJING (AP) — China's commerce minister has appealed to Washington to...

February 21, 2017
forex

NASA aims to measure vital snow data from satellites

DENVER (AP) — Instrument-laden aircraft are surveying the Colorado high...

February 21, 2017