The U.S. House of Representatives approved a $4.1 trillion budget plan today. That brings us closer to a tax overhaul, because the passage of the spending blueprint will make it easier for Republicans to push a tax plan through. That’s not to say it will be easy: There are a whole lot of big-deal questions […]

President Donald Trump touted the state of the economy this morning in a tweet that read “Stock Market hits an ALL-TIME high! Unemployment lowest in 16 years! Business and manufacturing enthusiasm at highest level in decades!” Unemployment WAS at a 16-year-low in June. It’s gone up since then. And it’s unclear what numbers Trump is looking […]

Puerto Rico’s billions of dollars in outstanding debt involves a complicated mix of obligations: general government bonds sold by Puerto Rico, sales tax-backed bonds, electric power revenue bonds … it’s a long list. Bond insurers are on the hook for a portion of the debt if the government agencies that issued the bonds fail to […]

Two giant American corporations got some bad news from the European Union today. Amazon was ordered to repay several hundred million dollars in back taxes. And the EU  stepped up its campaign to extract billions in allegedly unpaid tax from Apple. Click the audio player above to hear the full story.

What do we do now? This is one of many questions being asked by hotels, restaurants, festival organizers and anybody responsible for places people gather. Security at large events and in heavy traffic areas is already tougher than it used to be, with methods to limit the risks of active shooters, cars ramming into crowds […]