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

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

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

Notable workers' rights cases heard by Neil Gorsuch

President Donald Trump's pick to fill a Supreme Court vacancy has heard dozens of workers' rights cases on the U.S. 10th Circuit Court of Appeals. Many conservatives hail Neil Gorsuch for sticking to the letter of the law and not letting personal views influence his rulings. Detractors note that he has, more often than not, sided with employers. Some notable employee rights cases on which he has ruled: SEX...

February 25, 2017
stocks

Pre-existing conditions complicate health care replacement

CHICAGO (AP) — As Republicans try to unite around a replacement for the Affordable Care Act, one of the most popular parts of the law will be among the most difficult to replace: the guarantee of health coverage for people with pre-existing conditions. The challenge of providing insurance for Americans who have no other alternative has some congressional Republicans considering whether to ask the states to reboot high-risk pools, an option with a rocky history. In the past, the pools served as insurers of last resort for people in poor health who could not get an individual policy from a commercial insurer. "It's definitely a hand-off to the states," said economist Douglas Holtz-Eakin, who has reviewed...

February 25, 2017

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Gorsuch sympathizes with workers, often sides with bosses

The case tugs at the heartstrings: A popular Kansas State University professor battles breast cancer, then leukemia. The school won't extend her six-month sick leave, she loses her job and she cannot get rehired. She sues for discrimination based on disability. Grace Hwang's lawsuit was one of many employee cases heard by federal appeals court Judge Neil Gorsuch, President Donald Trump's pick for the Supreme Court. The majority opinion he wrote siding with Kansas State is illustrative. His worker's rights opinions are often sympathetic but coldly pragmatic, and they're usually in the employer's favor. "Hwang's is a terrible problem, one in no way of her own making," Gorsuch's 2014 opinion said about the...

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

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...

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

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

Buffett's firm says 4Q profit up 15 percent on investments

OMAHA, Neb. (AP) — Warren Buffett's company says fourth-quarter profit...

February 25, 2017
stocks

GOP proposal aims to end insurance mandate in 'Obamacare'

WASHINGTON (AP) — A draft Republican bill replacing President Barack...

February 25, 2017