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

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

OMAHA, Neb. (AP) — Warren Buffett's company says fourth-quarter profit improved 15 percent, but most of the gains came from the paper value of Berkshire Hathaway Inc.'s investments and derivative contracts. The Omaha, Nebraska-based conglomerate released its latest results Saturday along with Buffett's annual letter to shareholders. Berkshire said it earned $6.29 billion, or $2.55 per Class B share. That's up...

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

GPS device-maker Garmin reeling after workers gunned down

OLATHE, Kan. (AP) — GPS device-maker Garmin long has revered diversity in its workforce, even when the locale of its ever-sprawling operational headquarters — a largely white Kansas City suburb — didn't reflect it. It's the place 32-year-old Srinivas Kuchibhotla came to work a few years ago. By his wife's account Friday he willingly spent long hours on an aviation systems engineering team alongside Alok...

February 25, 2017
stocks

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

Top Trading Articles

forex

Owner of popular pizza chain sentenced in tax fraud case

CAMDEN, N.J. (AP) — The owners of a popular Jersey shore pizza restaurant chain were sentenced Friday for evading taxes and lying to the IRS. Manco & Manco Pizza owner Charles Bangle was sentenced in federal court in Camden to 15 months in prison and three years of supervised release. His wife, Mary, was sentenced to three years of probation and a $3,000 fine. Charles Bangle was also ordered to pay $248,560 in restitution and a $5,000 fine. Charles Bangle pleaded guilty in July 2015 to evading taxes on his 2011 tax returns and structuring financial transactions to avoid reporting requirements. Mary Bangle pleaded guilty to knowingly making materially false statements to the IRS. Manco & Manco...

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

GOP proposal aims to end insurance mandate in 'Obamacare'

WASHINGTON (AP) — A draft Republican bill replacing President Barack Obama's health care law would end its Medicaid expansion, scrap fines on people not buying insurance and eliminate taxes on the medical industry and higher earners. Instead, it would create tax credits worth up to $4,000, allow bigger contributions to personal health savings accounts and impose a new levy on expensive health coverage some...

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

GPS device-maker Garmin reeling after Kansas worker killed

OLATHE, Kan. (AP) — GPS device-maker Garmin long has revered diversity in...

February 25, 2017
stocks

Business Highlights

___ Doubts grow over stock market's Trump-inspired surge NEW YORK (AP) —...

February 24, 2017
stocks

Figures on government spending and debt

WASHINGTON (AP) — Figures on government spending and debt in millions of...

February 24, 2017