Money

90% Tax Rate: Liberals eyeing White House vie over setting highest tax rate

By Gabriella Muñoz – The Washington Times  Democrats eyeing bids for the White House also are competing to see who is willing to go the highest in raising taxes. Rep. Alexandria Ocasio-Cortez, [Read More]

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GE was once America’s most valuable company. Today it is fighting junk-bond status

Patti Domm CNBC Markets Editor General Electric stock has fallen to single digits and its investment grade bonds trade like high-yield debt, as the market bets it will continue to deteriorate [Read More]

Money

Stock Rout Erases 2018 Gains for S&P, Dow Indexes: Markets Wrap

By Vildana Hajric and Sarah Ponczek, Bloomberg News   The sell-off in U.S. stocks accelerated, wiping out gains for the year in both the S&P 500 Index and the Dow Jones Industrial Average, [Read More]

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BUBBLE WILL BURST: 1000’s line up for 0-down-payment, subprime mortgages

Diana Olick | @DianaOlick   Borrowers can have low credit scores, but have to go through an education session about the program and submit all necessary documents, from income statements to [Read More]

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As Debt Rises, the Government Will Soon Spend More on Interest Than on the Military

Nelson D. Schwartz The federal government could soon pay more in interest on its debt than it spends on the military, Medicaid or children’s programs. The run-up in borrowing costs [Read More]

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Used-Car Sales Boom as New Cars Get Too Pricey for Many

Price gap between new and preowned cars has widened to a near decade high By Adrienne Roberts The gap between the price of a new and used vehicle is as wide [Read More]

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SCAMMERS: Vet your charity before you give

By: Dana Fowle, Fox 5 Atlanta ATLANTA, Ga. – Hurricane Florence has hit landfall, And we all know if you plan on chipping in to help out those in need, make sure your donations [Read More]

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END THE FED! US Paying $684 Billion in Interest With Our Tax Dollars

by Tyler Durden The US’ spending problem is starting to become a major issue. According to the latest Monthly Treasury Statement, in June, the US collected $225BN in tax receipts – consisting of $110BN [Read More]