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It's About To Be A Busy Week On Capitol Hill
Monday, February 23, 2015 - 2:11pm | 1206There are tax information troubles for ACA enrollees. When it comes to the Affordable Care Act and filing taxes, "sorting through all the necessary paperwork is hard to do, even for those of us whose day jobs are in tax policy," writes TPC's Ellen Steele, a tax-preparing volunteer...
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Do-Nothing Congress Continues Helping GE, Apple, Other Multinational Tax Dodgers
Tuesday, April 29, 2014 - 5:03pm | 822On Tuesday the House Ways and Means Committee sent a package of bills to the House floor, that would cost American taxpayers hundreds of billions of dollars over the next ten years by making permanent tax provisions multinational corporations use to avoid U.S. tax. “For all of the talk in...
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Market Wrap For October 3: Dow Falls Below 15,000 On Debt Battle
Thursday, October 3, 2013 - 4:15pm | 793No progress seems be made resolving the debt ceiling crisis as deliberations continue for day three. Analysts speculate market losses can be attributed to the stalemate. Shots rang out on Capitol Hill this afternoon, sending it into lock down. On top of this, somebody tried to drive their car...
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Recent Market Rally a Sham? Algorithmic Trading Controlling the Market (USO, SLV, GLD, UUP, SPY)
Thursday, May 12, 2011 - 12:52pm | 1041The S&P 500 has gained 101% from the low set back in March of 2009 (666.79). Even with yesterday's market plunge, the S&P is only 15% lower than its all time high of 1,576.09, which was set back in October of 2007. The question is why. Has the economy really improved that much since the...
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Goldman Feeling the Heat, Downgraded by Rochdale (GS)
Tuesday, April 19, 2011 - 2:16pm | 466It is usually Goldman Sachs (NYSE: GS) doing the downgrading, but the banking giant got a taste of its own medicine this morning as the company was cut from Buy to Neutral by Rochdale Securities analyst Richard Bove. The price target was also slashed from $188 to $163. The downgrade comes despite...