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

Asian shares muted ahead of earnings, Fed minutes this week

HONG KONG (AP) — Asian stocks were muted on Monday as a lack of fresh leads kept investors on the sidelines while they awaited economic and corporate earnings reports and Fed meeting minutes due out this week. KEEPING SCORE: Japan's benchmark Nikkei 225 index edged up 0.1 percent to 19,244.39 and South Korea's Kospi crept up 0.1 percent to 2,082.76. Hong Kong's Hang Seng added 0.3 percent to 24,111.66 and the...

February 20, 2017
stocks

Inrix's top 10 most traffic-clogged cities in the world

Traffic analytics firm Inrix has calculated how much time drivers spend stuck in traffic during peak travel times last year in 1,064 cities in 38 countries worldwide. Here are the top 10 most congested cities and how many hours drivers were stuck: City Country Hours spent in peak congestion Los Angeles United States 104 Moscow Russia 91 ...

February 20, 2017
stocks

Colorado town getting a drive-through marijuana shop

PARACHUTE, Colo. (AP) — The western Colorado town of Parachute is getting a drive-through marijuana shop, believed to be the first in the state. The Parachute Board of Trustees approved a business license for Tumbleweed Express last week, the Glenwood Springs Post Independent reported Saturday (http://bit.ly/2m1PZCA). "As far as I can tell, we are not aware of this business model ever coming up before," said...

February 20, 2017
stocks

Traffic study ranks Los Angeles as world's most clogged city

DETROIT (AP) — When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. Drivers in the car-crazy California metropolis spent 104 hours each driving in congestion during peak travel periods last year. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. The U.S. had half the cities on Inrix's list of the top 10 most congested areas in the world and was the most congested developed country on the planet, Inrix found. U.S. drivers averaged 42 hours per year in traffic during peak times, the study found. San Francisco was the fourth-most congested city, while...

February 20, 2017

Top Trading Articles

stocks

Kraft Heinz withdraws $143B bid to buy Unilever

NEW YORK (AP) — Ketchup maker and packaged food giant Kraft Heinz has withdrawn a $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The companies announced the decision Sunday in a joint press release, saying that Kraft Heinz has "amicably" abandoned the offer. The deal would have combined Kraft Heinz brands such as Oscar Mayer, Jell-O and Velveeta with Unilever's Hellman's, Lipton and Knorr. The merged company would have rivaled Nestle as the world's biggest packaged food maker by sales. Analysts say Kraft Heinz, co-headquartered in Chicago and Pittsburgh, is still in the market for acquisitions. The fact that it bid for all of...

February 19, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 19, 2017
forex

New Zealand judge upholds Kim Dotcom extradition ruling

WELLINGTON, New Zealand (AP) — A New Zealand judge on Monday upheld an earlier court ruling that flamboyant internet entrepreneur Kim Dotcom and three of his colleagues can be extradited to the U.S. to face criminal charges. The decision comes five years after U.S. authorities shut down Dotcom's file-sharing website Megaupload and filed charges of conspiracy, racketeering and money laundering against the men....

February 20, 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

Asian shares mixed as investors await Fed, company earnings

HONG KONG (AP) — Asian stocks were mixed in early trading Monday as...

February 20, 2017
forex

'Lego Batman' stays No. 1, conquers 'The Great Wall'

NEW YORK (AP) — "The Lego Batman Movie" commanded the Presidents Day...

February 19, 2017
forex

SpaceX launches rocket from NASA's historic moon pad

CAPE CANAVERAL, Fla. (AP) — A SpaceX rocket soared from NASA's long-idled...

February 19, 2017