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EU's Juncker, Fuming At Trump, Threatens to Support U.S. Breakup

``In an extraordinary speech the EU Commission president said he would push for Ohio and Texas to split from the rest of America if the Republican president does not change his tune and become more supportive of the EU. '' -- He forgot California, which has a bona-fide secession movement of its own...

House panel passes bill to audit the Fed

A House panel on Tuesday approved legislation that would let a government watchdog audit the Federal Reserve's monetary policy decisions, a move bitterly opposed by the central bank....The bill was the brainchild of Ron Paul, the former House Republican and libertarian presidential candidate and sharp critic of the U.S. Show More Summary

Money laundering, Capital Flight are shaping US cities

In a little-noticed statement, the Treasury bureau responsible for investigating financial crimes shared a remarkable money laundering statistic last month. Thirty percent of the cash purchases of high-end real estate by shell companies...Show More Summary

How Many Jobs Do Robots Destroy? Answers Emerge

... soothsayers have been steadfastly claiming that for each destroyed job, the Great American Economy will generate more and better jobs, because, well, that's how it worked during, you guessed it, the Industrial Revolution. But two economists have changed their mind (more on that in a moment) and published a gloomy working paper. Show More Summary

China's Underground Bank Crackdown Risks Headaches in Hong Kong

"Now people feel that the Chinese government may tighten capital controls further and it wants more yuan depreciation, so many clients want to transfer money to Hong Kong more quickly," Chan said from his store, located in the basement of a drab mall in Causeway Bay, the world's second-priciest retail district. Show More Summary

Mortgage Rates Today, March 30, 2017, Plus Lock Recommendations

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bondes price drop and rates increase. When the economy pulls back, interest rates tend to fall.

This Is Why Trump’s Healthcare Drama Is Bringing Down Mortgage Rates

Current mortgage rates are falling, thanks to a mishap in Congress last week. Is it time to lock in a mortgage rate?

Low Income? Your Mortgage Lender Might Approve Your Loan Anyway

Low-income home loans are gaining popularity in today's market. Here's why you can buy a home even if you don't have a sky-high income.

Following Britain, Australia now officially has a 'Google tax' on Multinationals

The DPT laws are aimed at multinationals with global revenue of more than $1 billion and Australian revenue of greater than $25 million. They will be hit with a 40 per cent tax on all profits - that is 10 per cent higher than the 30 per cent company tax rate. Show More Summary

Wells Fargo Settles Fake-Account Lawsuit for $110 Million

On Tuesday, San Francisco based bank Wells Fargo announced a $110 million settlement for a class-action lawsuit brought by customers. Still requiring court approval, the settlement covers anyone who claims to be touched by Wells Fargo's...Show More Summary

By the numbers, Trump's big environmental regulation rollback is all kinds of unpopular

``... in general, environmental regulations are popular with the public, putting Trump's deregulation at odds with many voters. And even as he's doing all of this, more Americans are concerned about global warming than they ever have been.''

Amazon to start collecting state sales taxes everywhere

By the end of last year, Amazon was collecting sales taxes in 29 states and Washington D.C. Since that list included all of the largest states, that meant it was effectively collecting sales tax from 86% of the nation's population. The...Show More Summary

U.S. pending home sales surge to ten-month high ahead of spring

``Contract signing last month was likely boosted by unseasonably warm temperatures. The gains reversed January's 2.8 percent drop. Pending home contracts become sales after a month or two, and last month's surge implied a pickup in home resales after they tumbled 3.7 percent in February. ''

Domino's Pizza Robot Delivery Expands to Europe

Domino's Pizza Inc. is expanding its robot delivery service to Europe. The recognized world leader in pizza delivery is teaming up with the London-based startup, Starship Technologies, to deliver pizza in Germany and the NetherlandsShow More Summary

Cash Price Or Credit Surcharge? Supreme Court Says That Might Be First Amendment Question

A New York law prohibiting merchants from charging extra for credit card transactions might violate the constitutional protection for free speech, the U.S. Supreme Court ruled today, in a unanimous decision that raised questions about the First Amendment implications of economic regulations. Show More Summary

'No turning back' on Brexit as Article 50 triggered; Merkel Rejects Post-Breakup Relationship Talks

``[May] was speaking after Britain's EU ambassador formally triggered the two year exit process by handing a letter to EU Council President Donald Tusk. A sombre-looking Mr Tusk said it was not a "happy day" for him or the EU. The European...Show More Summary

"Men Without Work"

``All of these assessments draw upon data on labor market dynamics: job openings, new hires, "quit ratios," unemployment filings and the like. And all those data are informative -- as far as they go. But they miss also something, a big something: the deterioration of work rates for American men. Show More Summary

Three Reasons Why Bitcoin Could Reach $10,000 (Or More)

``What if hedge funds buy bitcoin as an investment? What if investors use bitcoin as a store of value? What if bitcoin is used primarily as a currency?''

Tax Reform Failure Could Trigger Market Downturn - The Wall Street Examiner

``The first problem? Deficits... Even with the tax on imports and exemption on exports that is believed to raise nearly $1 trillion in rate cuts, more will be needed. What else is left if a revenue-neutral budget is to be met? A likely target then becomes tax breaks.''

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