Home sales jump to fastest pace in almost two years
Sales of previously owned homes surged in January to the fastest pace since May 2010 in another sign that the housing market is slowly making some headway against its longest dip since the Great Depression. More...
Administration Releases President’s Framework for Business Tax Reform to Enhance America’s Competitiveness
Framework Would Simplify the Tax Code, Eliminate Dozens of Tax Loopholes and Subsidies, and Incentivize Job Creation, Investment at Home
WASHINGTON – The U.S. Department of the Treasury today released the President’s framework for reforming the U.S. business tax system, which would enhance American competitiveness by simplifying the tax code and eliminating dozens of tax loopholes and subsidies, incentivizing job creation and investment here at home and lowering the business rate while broadening the tax base. More...
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Romney unveils plan to cut tax rates
WASHINGTON (MarketWatch) -- Mitt Romney unveiled a plan on Wednesday to lower Americans' marginal tax rates, repeal the alternative minimum tax and slash the corporate tax rate to 25% from 35%. More...
Jobless Data Point to Improvement
WASHINGTON—The number of U.S. workers making new applications for unemployment benefits held steady last week, but the four-week average continued to decline as the jobs market showed gradual improvement. More...
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