Tax Policy Centre came out with its latest analysis report on the Republican Presidential candidate Donald Trump's tax plan and its impact. The report reveals that it would impact the Federal revenues. It has stated that Trump's tax cut plan would benefit rich people than middle-income groups.
The average home price in London is set to double by 2025, while it's 50% surge in the UK, according to a latest study. The rise in housing prices is impacting consumer spending. The number of property millionaires is rising encouragingly since January. However, the new tax regime has slowed down the rate of growth in Scotland.
The US housing activity rose 10.5 percent in November. The construction activity in the single-family housing touched eight-year high. Builders turned optimistic on the US housing market. The mortgage rates are set to go up after the US Federal Reserve hiking the interest rate.
The eCommerce store for Blackberry has launched the special festive holiday promotions starting from 15th December, 2015 afternoon. Grab the last minute gifts for Christmas and New Year from the official Blackberry online store.
Apple has opened an advanced display screen development center secretly in Taiwan. As the news is not yet out in public, Apple officials are keeping it under the wraps.
The US Federal Reserve is expected to make a decision on the interest rate on Wednesday. Most probably, the Fed will opt for a rate hike. If it raises the interest rate, then it will impact all types of borrowing costs for consumers.
It is officially a holiday season and also an official month of spending vs. saving. A recent survey found that 57 percent of those who participate in holiday gift-giving began their shopping in early November. This was up from 54 percent in 2014 and 49 percent in 2008. Holiday season does not have to be a financial burden if you plan accordingly and implement effective strategies. To help you save money on holiday shopping I’ve compiled a list of some tips and tricks you can follow to achieve your goal.
National Credit Union Administration (NCUA) filed lawsuits against banking lenders includng Morgan Stanley for allegedly selling faulty mortgage-backed securities. Morgan Stanley without admiting its fault, has agreed to pay $225 million to seele the claims. The total value of such claims recovered by NCUA reached to $2.43 billion since 2011.
The Women of Color are facing retirement challenges. The measures are being taken to educate them about the financial issues. But the policymakers and researchers must be more active in finding a permanent solution.
Alaska State Governor Bill Walker as part of his New Sustainable Alaska Plan,suggested for income tax in the State. If levied, it'll be after 35 years, Alaska records income tax. Alaska is highly dependent on oil revenues. The steep fall in oil price is impacting its revenues in a negative way. The current revenues can meet only 40 percent of government expenses.
The US technology giant Apple Inc is struggling to forge an alliance with Australian banks to spread its mobile payment system. Australian banks have already their own apps and supporting technology platform for the contactless payment system. At this juncture, Apple Inc is finding it difficult to make the partnership with Australian banks. After launching mobile payment service in Australia last month, Apple Inc is planning to roll out in China soon.
IBM is trying to hit the cloud service market by launching Bluemix object storage services. Would IBM make it through by outshining market biggies like Google, Amazon and Microsoft? Besides spreading its cloud service market in international level, IBM has also joined startup helping venture with NASSCOM.
A latest survey highlights that majority of Americans are loyal to one bank, while 46.1% have two or more bank accounts. Women deal with fewer banks and men tend to do multiple banking, according to survey by GoBankingRates. Majority Americans keep less than $1,000 in their savings accounts.
A chronicle survey conducted in 32 private-college presidents revealed that the maximum pay reached the level of $1 million in 2013. In 2013 the private college presidents' median total payment reached as high as $436,429. First two positions were assigned to Lee Bollinger, of Columbia University, and Amy Gutmann, of the University of Pennsylvania.
People who travel for business two weeks or more a month report more symptoms of anxiety and depression and are more likely to smoke, be sedentary and report trouble sleeping than those who travel one to six nights a month, according to a latest study conducted by researchers at Columbia University's Mailman School of Public Health and City University of New York.
President Trump said Friday he is declaring a national emergency on the southern border, tapping into executive powers in a bid to divert billions toward construction of a wall even as he plans to sign a funding package that includes just $1.4 billion for border security.
Amazon's decision to abandon plans to build a new campus in Long Island City, Queens, has drawn cheers from several politicians, community organizers and other locals opposed to the expansion.
One of the hottest topics at the World Economic Forum in Davos, Switzerland has been Alexandria Ocasio-Cortez's proposed 70% marginal tax rate on all income above $10 million.
In recent decades, Europe has experienced a downward trend in the annual number of deaths. Not only was this trend not arrested by the economic recession that started in 2008, in fact, the rate of decline increased during the recession years.
Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.
The traditional model for setting auto insurance premiums has been to base rates on the motorist's driving history, age, gender and even marital status (in some states). Thanks to new technological options, insurance companies, and motorists have started to work together to give the insurance companies access to better data on an individual driver's risk level, and give the same driver a sense of greater control over how much he or she will pay in insurance premiums.
Consumer brands have long used old-fashioned focus groups, interviews and surveys to best gauge consumer wants, desires and needs as part of processes that range from product development, to marketing and sales. As machine learning and artificial intelligence (AI) have emerged, there is an increasing interest in the ability to harness these solutions to save time and money, and to yield more reliable consumer insights.