Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
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The Democratic presidential candidate promises that families with an income less than the adjusted total income will not pay more nickel in direct taxes. High-income families will pay more in some cases, more. The dividing line is no accident: it was deliberately determined beyond any definition of the middle class. …
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The coronavirus ended the longest economic expansion in U.S. history. That was not the only problem. When the U.S. The next deepest downturn was when he was overwhelmed with debt. Why does this matter? Economies that carry a lot of debt usually have a weak recovery. Businesses and consumers focus …
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Department of Commerce Computer-chip companies have been told that they must obtain a license before exporting some of the technology to China’s largest semiconductor manufacturer, which is a blow to China’s efforts to compete in advanced technology. The department made the requirement in a letter to the computer-chip industry on …
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An volatility returned to economic markets last week with volatility, hampering almost uninterrupted climbs in U.S. stock index records and raising questions about the roadmap for Wall Street, leading to a framework of challenges for investors. Perhaps, the important question is, what happened to the hack in equity markets in …
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