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

Final cleanup begins at Dakota Access pipeline protest camp

BISMARCK, N.D. (AP) — The U.S. Army Corps of Engineers has moved into the evacuated Dakota Access pipeline protest camp to finish the cleanup started weeks ago by the Standing Rock Sioux Tribe. A Florida-based company has been hired to provide trash removal and environmental cleanup in the main Oceti Sakowin camp on the north side of the Cannonball River and the smaller Rosebud camp on the south side. Both are...

February 25, 2017
stocks

Regulator: China needs to rein in risky stock behavior

BEIJING (AP) — China needs to do more to stop risky behavior in its stock market, a regulator said Sunday, following a 2015 collapse in share prices and complaints investors are engaged in a dangerous new round of speculative buying. Regulators need to stop "blind expansion" by financial firms, the deputy chairman of the China Securities Regulatory Commission, Li Chao, said at a news conference. People in...

February 26, 2017
stocks

Celebrities launch pot brands as California legalizes drug

SAN FRANCISCO (AP) — Country singer Willie Nelson, the children of the late reggae icon Bob Marley and comedian Whoopi Goldberg are just a few of the growing number of celebrities publicly jumping into the marijuana industry and eyeing the California pot market, which is expected to explode after voters legalized the recreational use of weed. Regulators are still scrambling to get California's recreational pot...

February 25, 2017
stocks

Trump administration blocks changes on coal mining royalties

BILLINGS, Mont. (AP) — The Interior Department has put on hold changes to how the federal government values huge volumes of coal extracted from public lands, primarily in the Western United States, after mining companies challenged the agency in federal court. The move by the Trump administration means current rules governing the industry will remain in place pending decisions in the courts, according to an agency notification due to be published Monday in the Federal Register. The changes, crafted under the administration of President Barack Obama, were aimed at ensuring companies don't shortchange taxpayers on coal sales to Asia and other markets. Coal exports surged over the past decade even as...

February 26, 2017

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forex

Warren Buffett says don't waste money on investment fees

OMAHA, Neb. (AP) — Billionaire Warren Buffett used his much anticipated annual letter to Berkshire Hathaway shareholders to reiterate his wariness of high Wall Street fees and his positive outlook for the U.S. economy. Buffett devoted a section of the letter released Saturday to again explain the benefits low-cost index funds have over most other investments. But he kept the letter focused on business and didn't weigh in on politics. He said he estimates that wealthy investors who use high-priced advisers have wasted over $100 billion over the past decade. "The bottom line: When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized...

February 25, 2017
stocks

Trades for February 23, 2017

Trades for today are in the Federated Investors-FII stock and in the Forex...

February 23, 2017
stocks

Appealing to millennials, Las Vegas gets e-sports arena

LAS VEGAS (AP) — The arena has all the features that a professional sports venue needs: stands, warm-up areas for teams, massive screens for spectators and a broadcast platform for commentators. But what distinguishes this new Las Vegas arena is its dozens of video game consoles. The 15,000-square-foot e-sports venue slated to open Friday will host competitive video game tournaments. It's part of a trend that...

February 25, 2017
stocks

Trades for February 22, 2017

Trades for today are in the Janus Capital Group-JNS stock in the U.S...

February 21, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 19, 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

Pre-existing conditions complicate health care replacement

CHICAGO (AP) — As Republicans try to unite around a replacement for the...

February 25, 2017
stocks

Lake created by landslide floods in Bosnia, closes highway

SARAJEVO, Bosnia-Herzegovina (AP) — Flooding from a new lake created by a...

February 25, 2017
stocks

Notable workers' rights cases heard by Neil Gorsuch

President Donald Trump's pick to fill a Supreme Court vacancy has heard...

February 25, 2017