Analysis says Trump plan would add $5.3T to debt
Analysis says Trump plan would add $5.3T to debt Posted: Thursday, September 22, 2016 12:06 AM EDT Updated: Thursday, September 22, 2016 12:06 AM EDT WASHINGTON (AP) - A new analysis from a nonpartisan group finds that Donald Trump's tax proposals would increase the federal debt by $5.3 trillion over the next decade. The Committee for a Responsible Federal Budget also calculates that Hillary Clinton's proposals would add $200 billion to the debt. Much of the cost of..>> view originalUS Allows Boeing and Airbus to Sell Planes to Iran
Photo An Iran Air Boeing 747 in 2003. Boeing received a license to sell the airline 80 new planes. Credit Hasan Sarbakhshian/Associated Press TEHRAN — The United States on Wednesday removed a final hurdle for Western aircraft manufacturers to sell planes to Iran, a country desperately in need of hundreds of new aircraft.The Treasury Department granted the aviation giants Airbus and Boeing licenses to deliver planes to Tehran. The decision is a boon not only for the two ..>> view originalMylan CEO blames rising cost of the EpiPen on 'opaque' industry pricing
Lawmakers blasted the chief executive of the maker of EpiPens at a House hearing Wednesday, saying the company’s price hikes of more than 500% were stopping families from keeping their children safe.“Do you have a guilty conscience about any of this?” Rep. Scott DesJarlais (R-Tenn.) asked Mylan Chief Executive Heather Bresch. “A mother would cut off her right arm to get that dose of drug.” In her testimony, Bresch tried to defend her pricing of the device that delivers an antidote to potential..>> view originalAP Moeller-Maersk to Split Into Two Separate Divisions
Updated Sept. 22, 2016 5:51 a.m. ET Danish conglomerate A.P. Moeller-Maersk AMKBY 0.13 % A/S said Thursday it is splitting its operations into two separate divisions focused on transport and energy, as it battles with the worst shipping downturn in years and a historic oil-price rout. Maersk Line, the company’s biggest unit and the world’s largest container operator in terms of capacity, will spearhead a new Transport & Logistics division, while the group’s extensive oil..>> view originalGlobal stocks rise after Fed, Japan leave rates unchanged
FILE - This Monday, July 6, 2015, file photo shows a sign for Wall Street carved into the side of a building in New York. World stocks rose Wednesday, Sept. 21, 2016, after Japan's central bank rejiggered its stimulus policies to have a greater influence over long-term interest rates and as investors looked ahead to the Federal Reserve's policy meeting. (AP Photo/Mark Lennihan, File) The Associated Press By JOE McDONALD, AP Business Writer BEIJING (AP) — Global stocks rose Thursday afte..>> view originalAsia markets advance, tracking US gains after Fed holds rates steady
The Reserve Bank of New Zealand kept its official cash rate unchanged at 2.0 percent on Thursday, but left the door open for further easing in the future, citing a relatively stronger Kiwi dollar and inflation hovering below the central bank's target. ANZ economists Cameron Bagrie and Philip Borkin said the RBNZ's confirmation that further policy easing would be required will "soothe a market that had become skeptical of the RBNZ's desire to continue easing, and is the strongest hat-tip t..>> view originalFormer EU Antitrust Chief Is Named in Bahamas Tax Haven Leaks
A new set of tax haven leaks has brought unwelcome attention to Neelie Kroes, the European Commission’s former antitrust chief between 2004 and 2010 and, after that, its digital commissioner for four years. Unlike the more detailed Panama Papers leaks, the leaks from the Bahamas only cover companies’ names, dates of creation, addresses and, in some cases, directors. However, that’s enough for a storm to have erupted over the naming of Kroes as a director of a Bahamian company, originally set up..>> view originalA City Looks To STEM School To Lift Economy, But Will Grads Stay?
Enlarge this image The Global Impact STEM Academy in Springfield, Ohio. The original high school building was modeled after the Library of Congress. Maddie McGarvey for NPR hide caption toggle caption Maddie McGarvey for NPR The Global Impact STEM Academy in Springfield, Ohio. The original high school building was modeled after the Library of Congress...>> view originalFTSE 100 rallies as Fed keeps interest rates on hold
U.K. stocks moved firmly higher on Thursday morning after the U.S. Federal Reserve kept interest rates at a near-record low, but hinted a hike could come in December. The FTSE 100 index UKX, +1.07% ..>> view originalCooperman Had Long, Often Costly Relationship With Cohen Family
Leon Cooperman, accused Wednesday of buying shares in Atlas Pipeline Partners after obtaining insider information, has been investing with the family that managed the company for more than a decade. It hasn’t always paid off.Cooperman, 73, and his son Wayne bought stakes in at least five companies controlled or managed by Ed Cohen and his sons Jonathan and Daniel since 2000, including Atlas Resource Partners LP, Atlas Energy Group LLC, Resource America Inc. and Institutional Financial Markets I..>> view original
Saturday, October 1, 2016
Analysis says Trump plan would add $5.3T to debt and other top stories.
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