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

Bailout talks restart in Greece as big repayment dates loom

ATHENS, Greece (AP) — Talks between bailout inspectors and the Greek government have resumed in Athens after a months-long delays caused by disagreements over austerity measures. Representatives of European Union institutions and the International Monetary Fund returned to Greece after the government gave into demands to maintain painful cost-cutting measures after the current bailout program ends next year...

February 28, 2017
stocks

Fake fashion fuels vast illicit profits, sea of human misery

LONDON (AP) — In a warehouse at London's sprawling Heathrow Airport, a border officer pulls open a cardboard box he suspects contains contraband goods. Bingo — his instincts are rewarded. The box is packed with beige and black sneakers that to the untrained eye look identical to the limited edition Adidas Yeezy Boost, designed by rap star Kanye West, which sold out within minutes of being released last year...

February 28, 2017
stocks

Saudi Aramco inks $7 billion deal for Malaysian oil venture

KUALA LUMPUR, Malaysia (AP) — Oil major Saudi Aramco has signed a $7 billion deal to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia. Aramco inked the agreement Tuesday with Malaysia's national oil company Petronas, which is developing the $27 billion project plant in southern Johor state bordering Singapore. It...

February 28, 2017
stocks

EU budget chief: could use part of oil tax to finance EU

BRUSSELS (AP) — The European Union's budget chief is suggesting that member countries could in the future put aside a portion of their tax revenues from oil to help finance the bloc. EU Budget Commission Guenther Oettinger said in an interview Tuesday with his native Germany's Handelsblatt daily that it's worth considering setting aside "a small part" of oil tax revenue for the EU, perhaps one or two cents per liter. He argued that it would allow countries such as Germany to reduce their direct contributions to the EU budget — and use the money they save for tax cuts at home. Oettinger also suggested that money gained from an increase in the cost of carbon dioxide emissions trading certificates could...

February 28, 2017

Top Trading Articles

stocks

ADB says Asia needs to double infrastructure spending

MANILA, Philippines (AP) — Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Development Bank said in a report Tuesday. That's more than double the previous estimate, made in 2009. The Manila-based bank's report covering 45 countries says despite dramatic growth in infrastructure development that has supported growth, reduced poverty and improved people's lives, a substantial gap remains. More than 400 million people still lack electricity, 300 million have no access to safe drinking water and about 1.5 billion lack basic sanitation. Many...

February 28, 2017
forex

Trades for February 28, 2017.

Trades for today are in the Transocean -RIG stock in the U.S Energy Sector...

February 27, 2017
forex

Trump ordering review of Obama rule protecting small streams

WASHINGTON (AP) — President Donald Trump will sign an executive order Tuesday mandating a review of an Obama-era rule aimed at protecting small streams and wetlands from development and pollution. The order will instruct the Environmental Protection Agency and Army Corps of Engineers to review a rule that redefined "waters of the United States" protected under the Clean Water Act to include smaller creeks and...

February 28, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market and how to trade the...

February 26, 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

Trades for February 22, 2017

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

February 21, 2017
stocks

Malaysian tycoon stresses over Vancouver project with Trump

KUALA LUMPUR, Malaysia (AP) — Malaysian property developer Tiah Joo Kim...

February 28, 2017
stocks

5 things analysts and investors want to hear in Trump speech

WASHINGTON (AP) — Economists and investors will be looking for one thing...

February 28, 2017
stocks

Starbucks CEO says chain ready to enter Italy after 35 years

MILAN (AP) — Starbucks CEO Howard Schultz's vision for the chain was...

February 28, 2017