by Bill Scher | Jun 19, 2014 | Uncategorized
President Rejects Repatriation WH states opposition to tax "holiday" for multinational corporations. Reuters: "President Barack Obama does not support the idea of a corporate tax repatriation 'holiday' that some Republicans in Congress have said could help boost the...
by Bill Scher | Jun 18, 2014 | Uncategorized
Fed Expected To Lower Expectations Fed criticized for prematurely reducing stimulus. NYT: "Federal Reserve officials, who have persistently overestimated the strength of the economic recovery, predicted last June that the economy in 2014 would finally grow more than 3...
by Bill Scher | Jun 17, 2014 | Uncategorized
WH To Act On Manufacturing Obama to use executive action to boost manufacturing. McClatchy: "...he will announce: More than 90 mayors and local leaders have committed to the ‘Mayors Maker Challenge’ to increase the number of locations and equipment available ......
by Bill Scher | Jun 16, 2014 | Uncategorized
Wealthy Hiding Nearly $8 Trillion $7.6 trillion of global wealth hidden in tax havens. NYT: "[Economist Gabriel] Zucman estimates — conservatively, in his view — that $7.6 trillion — 8 percent of the world’s personal financial wealth — is stashed in tax havens. If all...
by Bill Scher | Jun 13, 2014 | Uncategorized
Cantor Fallout May Hit Economy Cantor's loss may give Tea Party more influence over economic policy, suggests WSJ: "...Cantor was one of fewer than 30 House Republicans who voted in February to suspend the debt ceiling until 2015 ... Cantor’s likely successor, Rep....
