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...

Read Article
stocks

AP sources: White House to propose boosting defense spending

WASHINGTON (AP) — The White House will propose boosting defense spending and slashing funding for longtime Republican targets like the Environmental Protection Agency in a set of marching orders to agencies as it prepares its budget for the upcoming fiscal year. President Donald Trump's proposal for the 2018 budget year, which will be sent to agencies Monday, won't make significant changes to Social Security...

February 27, 2017
stocks

GOP tax plans could eliminate popular tax breaks

WASHINGTON (AP) — When Republicans say they want to lower taxes and get rid of loopholes to make up the lost revenue, they're talking about eliminating some very popular tax breaks enjoyed by millions of people. That's why making big changes to tax laws is so hard — and why it hasn't been done for 30 years. Unless Congress simply cuts taxes for everyone, there will be winners and losers, and the losers won't...

February 27, 2017
stocks

Asian markets lower as investors look to Trump speech

BEIJING (AP) — Asian stock markets were lower Monday as investors looked ahead to U.S. President Donald Trump's speech to Congress this week for details of promised tax cuts and infrastructure spending. KEEPING SCORE: Tokyo's Nikkei 225 index fell 0.9 percent to 19,107.47 and the Shanghai Composite Index lost 0.5 percent to 3,237.14. Hong Kong's Hang Seng retreated 0.4 percent to 23,873.14 and Seoul's Kospi...

February 27, 2017
stocks

Gorsuch often sided with employers in workers' rights cases

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 27, 2017

Top Trading Articles

stocks

Counterfeiters, hackers cost US up to $600 billion a year

WASHINGTON (AP) — Counterfeit goods, software piracy and the theft of trade secrets cost the American economy as much as $600 billion a year, a private watchdog says. In a report out Monday, the Commission on the Theft of American Intellectual Property says the annual losses range from about $225 billion to $600 billion. The theft of trade secrets alone costs the United States between $180 billion and $540 billion annually. Counterfeit goods cost the United States $29 billion to $41 billion annual; pirated software costs an additional $18 billion a year. The findings echo those of the Office of the Director of National Intelligence, which in 2015 pegged the annual cost of economic espionage by computer...

February 27, 2017
forex

Forex Weekly Outlook

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

February 26, 2017
forex

1st senior Chinese official visits Washington in Trump era

BEIJING (AP) — China is sending its first senior official to visit the United States since President Donald Trump took office, amid uncertainties over trade relations and new security tensions in east Asia. The Foreign Ministry said State Councilor Yang Jiechi is scheduled to "exchange views on bilateral ties and issues of mutual concern" in meetings with high-ranking U.S. officials during his visit on Monday...

February 27, 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
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 19, 2017
forex

Takata guilty plea expected in cover-up of air bag troubles

DETROIT (AP) — Japanese auto parts maker Takata Corp. is expected to plead...

February 27, 2017
forex

Asia economies hold trade pact talks after Trump dumps TPP

TOKYO (AP) — Negotiators from 16 Asian countries are meeting in the...

February 27, 2017
forex

Asian markets lower as investors look to Trump speech

BEIJING (AP) — Asian stock markets were lower Monday as investors looked...

February 27, 2017