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

In Kuwait, 'too many foreigners' becomes a frequent refrain

KUWAIT CITY (AP) — Kuwait's first new government hospital in more than three decades will soon open its doors — but only to Kuwaiti citizens. It's the latest in a series of steps targeting foreigners, including laborers who build high-rise towers, sweep the roads and clean toilets in this tiny oil-rich emirate: a group that far outnumbers the native population. The 304 million dinar ($997 million) Jaber...

February 21, 2017
stocks

NASA aims to measure vital snow data from satellites

DENVER (AP) — Instrument-laden aircraft are surveying the Colorado high country this month as scientists search for better ways to measure how much water is locked up in the world's mountain snows — water that sustains a substantial share of the global population. A NASA-led experiment called SnowEx is using five aircraft to test 10 sensors that might one day be used to monitor snow from satellites....

February 21, 2017
stocks

Asian stocks higher after Wall Street long weekend

BEIJING (AP) — Asian stock markets were mostly higher Tuesday as investors looked ahead to minutes from the U.S. Federal Reserve's latest meeting and Wall Street prepared to reopen after a three-day weekend. KEEPING SCORE: Tokyo's Nikkei 225 advanced 0.7 percent to 18,379.63 and the Shanghai Composite Index added 0.3 percent to 3,249.01. Hong Kong's Hang Seng rose 0.1 percent to 24,181.31 while Sydney's...

February 21, 2017
stocks

HSBC warns of risks to world economic growth as profit dives

HONG KONG (AP) — London-based bank HSBC reported Tuesday that annual profit slumped following a year it said would be remembered for "unexpected economic and political events" and warned of risks in 2017 to the global economy's continuing recovery. Europe's biggest bank said net profit for 2016 tumbled 82 percent to $2.5 billion from $13.5 billion a year ago as annual revenue fell 18.5 percent to $48 billion. In the most recent quarter, HSBC's net loss widened to $4.2 billion from $1.3 billion in the same period the previous year. In a statement, Chairman Douglas Flint said uncertainties from last year's events "temporarily influenced investment activity and contributed to volatile financial market...

February 21, 2017

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stocks

Rio Carnival revelers hunt for bargains amid economic crisis

RIO DE JANEIRO (AP) — Instead of costly and elaborate costumes with glittering sequins, expect more cheap getups featuring fake mustaches, hats and tiaras at this year's Carnival. Revelers are bargain-hunting ahead of Rio de Janeiro's world famous party, which is about to kick off amid a prolonged economic crisis that is hurting pocketbooks and the myriad businesses that depend on the bash for a large part of their annual incomes. Many parade tickets have not been sold, sponsors have declined to pony up for street parties and hotels are expected to be emptier than last year's also disappointing blast, when worries about the Zika virus kept some foreign tourists away and the recession depressed local...

February 21, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 19, 2017
forex

Circus lionized for cutting animal acts will bring them back

BOSTON (AP) — A circus is under fire for bringing back animal acts a year after earning praise from animal rights groups for dropping them to keep up with changing public attitudes. The Melha Shrine Circus, which has seven performances over four days scheduled for May in western Massachusetts, brought back performing elephants, tigers and dogs because that's what people want, circus chairman Allen Zippin...

February 21, 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

Trades for February 14, 2017

Trades for today are in the Ensco Intl-EVS stock and in the Forex market...

February 13, 2017
forex

Forex Weekly Outlook

A complete look at the week ahead in the Forex market

February 13, 2017
forex

Court considers constitutionality of Ohio execution process

COLUMBUS, Ohio (AP) — A federal appeals court will hear arguments Tuesday...

February 21, 2017
forex

Fox News host Brenda Buttner dies at age 55

NEW YORK (AP) — Brenda Buttner, host of Fox News Channel's "Bulls and...

February 21, 2017
forex

Official charged in United flight bribe case dies at age 62

LAMBERTVILLE, N.J. (AP) — A United Airlines lobbyist and longtime state...

February 21, 2017