It began when Debbie McDermott allowed her daughter Jamie to raise two sheep for a 4-H project. Eventually, her 165-year-old farm was transformed into a successful, family-run, custom fiber processing mill. McDermott’s...
Read MorePeople on Social Security need a tax break. The rest of us need to make sure they get it — for everyone’s sake. When Congress made Social Security benefits taxable in 1983, lawmakers didn’t index the tax thresholds...
Read MoreNEW YORK (AP) — Many small businesses will see their labor costs increase in 2019. Seventeen states are raising their minimum wages Jan. 1, and a number of others will follow suit later in the year. Some of the increases were...
Read MoreOvernight Markets and NewsMarch S&P 500 E-minis are up +0.5% this morning after Sunday's news that Treasury Secretary Mnuchin called CEOs of the six largest U.S. banks and received reassurances that there is plenty of...
Read MoreJERUSALEM (AP) — The Bank of Israel’s new governor says the country’s financial stability should not be taken for granted in a period of “numerous changes in financial markets.” Amir Yaron took office...
Read MoreBEIJING (AP) — China’s legislature is considering a law to ban local governments from forcing foreign companies to hand over technology, an issue that helped to spark Washington’s tariff war with Beijing. Beijing has...
Read MoreNICOSIA, Cyprus (AP) — The chief of the Cyprus Association of Banks say Cypriot lenders are concerned that their adoption of some of the toughest anti-money laundering regulations in the world has not been fully recognized...
Read MoreSINGAPORE (AP) — Asian stocks are mixed with light trading on Monday as a Wall Street slump and a partial U.S. government shutdown stemmed holiday cheer. KEEPING SCORE: South Korea’s Kospi dropped 0.3 percent to 2,055.78...
Read MoreWASHINGTON (AP) — The sooner-than-expected departure of Defense Secretary Jim Mattis shifts the focus to President Donald Trump’s appointment of an acting Pentagon chief and plans for a permanent replacement. It also...
Read MoreWASHINGTON (AP) — Both sides in the long-running fight over funding President Donald Trump’s U.S.-Mexico border wall appear to have moved toward each other, but a shutdown of one-fourth of the federal government entered...
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