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Homebuilders Plunge as New Buyers Could See U.S. Tax Break Cut

cut in half, to $500,000.read more...

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Tax Cuts in Search of a Problem

After all, as I noted recently, we've tried all this before. The Bush tax cuts didn't unleash the economic nirvana they were supposed to, while both the Clinton and Obama tax increases didn't cause the...

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Breitbart Money Man Mercer Steps Back From RenTech, Not Politics

Mercer's decision to resign as co-chief executive may insulate the $50 billion Renaissance Technologies from political controversy a year after Donald Trump won the White House. Mercer became a...

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Wells Fargo Adds $1 Billion to Possible Legal Cost

...read more...

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Lobbying Frenzy Begins on Tax Bill; Party-Line Vote Ability In Doubt

...read more...

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Largest US bitcoin exchange added 100,000 customers in one day after futures...

``Investors rushed to open new accounts for buying and selling bitcoin after news that the world's largest futures exchange plans to launch futures for the digital currency this year. About 100,000 new...

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In Apparent Purge, Saudi King Arrests Billionaire Prince Bin Talal, Dozens Of...

``In a shocking development, Saudi press Al Mayadeen reported late on Saturday that prominent billionaire, member of the royal Saudi family, and one of the biggest shareholders of Citi, News Corp. and...

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Noland: "Non-ideologue Powell Could Be A Benefit At Fed"

Bloomberg's Tom Keene: "Ellen Zentner at Morgan Stanley writes a detailed note about what we would expect from chairman Powell. She mentions that there's a mystery here over chairman Powell and core...

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Bitcoin $11,000 and Official, Blockchain-Based Gold Trading Soon

``Elsewhere, this week saw the London Blockchain Summit, wherein the UK's Royal Mint discussed its use of blockchain to manage ownership of gold--no small feat for an entity that owns 5.4% of the...

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Wells Fargo faces lawsuits over mortgage and auto loans

"The disclosures included in our filing today reflect the company's continued commitment to transparency. Our top priority is to rebuild trust, and we remain focused on making things right for our...

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Leaks: Commerce Secretary's Offshore Ties to Putin âCronies'

The shipper, Navigator Holdings, earns millions of dollars a year transporting gas for one of its top clients, a giant Russian energy company called Sibur, whose owners include the oligarch and Mr....

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Paradise Papers leak reveals secrets of the world elite's hidden wealth

The project has been called the Paradise Papers. It reveals... Millions of pounds from the Queen's private estate has been invested in a Cayman Islands fund -- and some of her money went to a retailer...

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Paradise Papers: Apple's (new) secret tax bolthole revealed

They reveal how Apple sidestepped a 2013 crackdown on its controversial Irish tax practices by actively shopping around for a tax haven.read more...

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China's Central Bank Chief Warns of âSudden, Contagious and Hazardous'...

Latent risks are accumulating, including some that are "hidden, complex, sudden, contagious and hazardous," even as the overall health of the financial system remains good, Zhou wrote in a lengthy...

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Douglas Elliman's profitability falls over 50% with fewer new dev closings

Those numbers were the result of a strong low-end market but softer new development segment, where Elliman has had fewer closings despite a robust pipeline of projects it is marketing.read more...

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Suburban Swing Centrists Rebel Against Trump, Threatening Republicans in...

From the tax-obsessed suburbs of New York City to high-tech neighborhoods outside Seattle to the sprawling, polyglot developments of Fairfax and Prince William County, Va., voters shunned Republicans...

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Bitcoin Fork Called Off: Prices Soar After SegWit2X Fails

...read more...

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Wall St. retreats on worries over delays in tax-cut plan

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Foreclosed $51 Million "Billionaire's Row" Penthouse Sells At A 30%...

``Kola Aluko's posh penthouse apartment in One57, one of Manhattan's most expensive luxury towers, has finally sold after months of delays in what New York realtors agree is the most expensive...

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Macy's Gains On Cost-Cuts As Peers Ail

Investors have been skeptical of the sector. Macy's shares lost more than half of their value this year through Wednesday's close. The company got some reprieve on Thursday, however, when the shares...

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