Jeb Bush received more than $9 million in income since January 2014 by delivering speeches, sitting on boards of directors and helping to manage private investment firms, according to election disclosures filed on Tuesday. The new figure represents another surge in personal wealth for Bush. The latest filing, combined with recently released tax returns, show […]
Toyota's newly released quarterly financial numbers show a company in a strong position. Net income hit a new record of $5.34 billion, up 10 percent. However, sales dipped slightly globally. Continue reading Toyota reports record profit in Q2 Toyota reports record profit in Q2 originally appeared on Autoblog on Tue, 04 Aug 2015 14:16:00 EST. Show More Summary
LOS ANGELES (AP) — Disney's movie studio boosted company earnings once again, with the debut of "Avengers: Age of Ultron" proving the continued strength of the Marvel superhero brand. Net income grew 11 percent in the April-June quarter...Show More Summary
One of the greatest criticisms surrounding music streaming concerns the reduced income artists receive. This income, based on "airplay," is often miniscule and stretched over a lengthy period of time. Enter user centric licensing. __________________________________ Guest Post by Mark Mulligan on Music Industry Blog Artist income is one of the...
Yesterday I commented on Mankiw's post where he inexplicably linked carbon tax revenue to lower income taxes, as is his wont. We received a comment about the optimal Pigouvian tax. I think this excerpt summarizes well: Even in the simplest settings there's also a tax-interaction effect whereby a pigou tax,...
The surge in SUV sales is due in part to relatively low gasoline prices, which ended July at about $2.70 per gallon nationwide. via www.dispatch.com Gas and cars are complementary goods. When the price of one falls, the demand for the other increases. In this case, the price of gas...
MMA fighter Ronda Rousey appeared to dismiss the pay gap between men and women insofar as fighting sports are concerned in an interview reportedly conducted by Yahoo News host Bianna Golodryga. Rousey defeated Bethe Correia in 34 seconds...Show More Summary
There's nothing more important to stock prices than earnings and expectations for earnings growth. Earnings, or net income, is literally the bottom line. While that's a principle that plays out in the market in the long-run, it unfortunately isn't promised in the short-run. Show More Summary
We have chosen our extreme inequality and all of its awful consequences. Inequality is about much more than the growing chasm of income and wealth between those at the very top and everyone else in America. It's also about education,...Show More Summary
My accountant has had a paperless office from day one. All incoming documents are scanned into their computer. We review my taxes on a big computer screen and documents are digitally signed. Neat. However, not all accountants are like this – I’d say in fact most are NOT like this. Show More Summary
July motor vehicle sales came in at a stronger than expected 3.2% increase to a 17.6 million annual rate. Sales of North American-made vehicles rose 5.2% to a 14.2 million annual rate. Personal income rose 0.4% in June, while consumer spending rose 0.2%. The PCE Price Index, an inflation measure, rose 0.2% overall, and 0.1% […]
Flat incomes and rising rent are forcing some renters across the country to neglect their financial planning and health care. Nearly 60 percent of renters with high monthly rent burdens say they could not cover three months’ worth of expenses if they lost their job, according to a new study from [...]
Reader Mike V castigates me for over-use of logs. I’m not at all averse to logs, but they have a time an a place. You are trying to point out relatively small changes in income over a short time-series – not the nearly exponential changes in the S&P 500 over the last 100+ years. Let […]
GiveDirectly has a straightforward approach to helping the world's poorest people: just give them cash, no strings attached. The New York-based nonprofit has distributed about $1,000—roughly a year's income—to thousands of ultra-poor households in Kenya and Uganda. Show More Summary
Is there a (meaningful) correlation between the rise of people working past retirement age and the paltry amount of income they’re able to earn on their lower-risk savings accounts? Probably. People over the age of 65 are a growing portion of the labor force participation rate and they’re increasingly unwilling (or unable) to stop working. Show More Summary
Another EA teaser has appeared ahead of the firm’s gamescom 2015 press conference and it’s for Star Wars: Battlefront. More on the game is expected to be revealed at the show, so this means that X-Wing teaser from earlier will be explained in just a couple of days. EA’s press conference starts at 9:30 CEST, […]
Bentley’s incoming Bentayga SUV has been paraded in a new video by the carmaker designed to prove it’s not just a high-riding limousine for the (private) school run. Footage of the Bentayga tackling rocky surfaces, steep inclines and rutted tracks can be seen as it negotiates the terrain at a location somewhere in Spain. Show More Summary
Earlier today, when we reported that based on Hillary Clinton's latest tax disclosure, she and her husband had made $139 million in gross income since 2007 most of its from private speaking fees, the one aspect that readers founds most...Show More Summary
Living in leafy neighborhoods is visually pleasing. It also can make you feel healthier. In fact, the positive health effects of having an additional 10 trees on your block are equivalent to getting a $10,000 income increase or being seven years younger. Show More Summary
There's some sad news today if you backed the Kickstarter project for Matchstick, a Firefox OS HDMI streaming dongle meant to compete with the Chromecast. The team behind the project, which isn't affiliated with Mozilla, has provided an update on its Kickstarter page, noting that it has opted to refund backers after it ran into issues implementing DRM into Firefox OS.