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What makes the dollar strong?

Aug 23, 2019

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How tax cuts get "paid for"

by Kai Ryssdal and Maria Hollenhorst Jul 11, 2019
Can a tax cut pay for itself? We dive into the language used by the president's chief economic adviser.
Who paid for the beer?
Photo by Peter Macdiarmid/Getty Images

Oxfam says tax cuts have benefited the rich

by Mitchell Hartman Jan 21, 2019
Oxfam, the international anti-poverty organization, released a report Friday on how the world’s billionaires and poor people are doing economically. And the short answer is: the former are up while the latter are down. Oxfam crunched the income and wealth…

IRS releases final rules on deductions for "pass-through" businesses

by Marielle Segarra Jan 18, 2019
You won't find a lot of simple yes-and-no answers in the 247-page document.
Win McNamee/Getty Images

What business investment says about our economy's future

by Justin Ho Nov 28, 2018
After the tax law passed last year, Republicans argued that companies would take their tax savings and make big investments in themselves — plants, equipment, trucks, that sort of thing. But over the last year, there are signs that business investment…

As corporate earnings season rolls on, winners and losers emerge

by Mitchell Hartman and Marielle Segarra Oct 23, 2018
Tariffs are costing some companies plenty. Others are immune, at least for now, and benefiting from tax cuts.
“We have the highest prices in the world right now for aluminum and steel,” said Kristin Dziczek, a vice president at the Center for Automotive Research. Above, Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images

As corporate earnings season rolls on, winners and losers emerge

by Mitchell Hartman and Marielle Segarra Oct 23, 2018
Tariffs are costing some companies plenty. Others are immune, at least for now, and benefiting from tax cuts.
“We have the highest prices in the world right now for aluminum and steel,” said Kristin Dziczek, a vice president at the Center for Automotive Research. Above, Ford Mustangs are assembled at a plant in Flat Rock, Michigan, in 2004.
Bill Pugliano/Getty Images

About those tax cuts that are supposed to pay for themselves

by Kimberly Adams Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as…
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

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About those tax cuts that are supposed to pay for themselves

by Kimberly Adams Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as…
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

Bank earnings are way, waaay up. Here’s why.

by Erika Beras Oct 16, 2018
Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click…

Bank earnings are way, waaay up. Here’s why.

by Erika Beras Oct 16, 2018
Quarterly earnings reports out this week from the major banks including JPMorgan Chase, Goldman Sachs and Bank of America show very, very strong gains. Many companies are benefiting from the changed tax code, but banks are a special case. Click…