Former U.S. Treasury Secretary Larry Summers bashed presidential candidate Sen. Elizabeth Warren‘s tax proposals on Tuesday, arguing they go too far and could ultimately hurt the American economy. “I don’t think that taxation approaching confiscatory is remotely feasible and, if it was tried, would have catastrophic economic consequences,” the former economic advisor to Barack Obama said
FILE – In this Sept. 4, 2011 file photo shows the main plant facility at the Navajo Generating Station, from Lake Powell, in Page, Ariz. Two environmental groups are asking a federal court to set a deadline for the U.S. Environmental Protection Agency to issue mandates for pollution controls at two power plants, including Four
Kenneth Fisher, founder, chairman and chief executive officer of Fisher Investments, speaks during a television interview in New York, May 10, 2010. Jonathan Fickies | Bloomberg | Getty Images The Chicago police pension fund is ending its $67 million relationship with Fisher Investments. The Policemen’s Annuity and Benefit Fund of Chicago joins a number of
Strong disagreements exist about how to position a retiree’s assets to best meet retirement goals. Two fundamentally different philosophies for retirement income planning—which I call probability-based and safety-first—diverge on the critical issue of where a retirement plan is best served: in the risk/reward trade-offs of a diversified and aggressive investment portfolio, or in the contractual
Share to facebook Share to twitter Share to linkedin Yet another business leader speaks out against Warren. Bryan Bedder/Getty Topline: A week after accusing Senator Elizabeth Warren of “tribalism,” former Goldman Sachs CEO Lloyd Blankfein again blasted the Democratic 2020 candidate for her war on billionaires, denouncing politicians like her for moving away from “populism”
The agents I most admire here (and there are many) are those who have dedicated themselves to … [+] breaking down these barriers. AdobeStock_182825319 This past weekend Newsday published a thorough and well-documented article detailing multiple cases of apparent housing discrimination by real estate agents in Suffolk and Nassau Counties on Long Island. The degree
Packages of Juul mint flavored e-cigarettes are displayed at San Rafael Smokeshop on November 07, 2019 in San Rafael, California. Justin Sullivan | Getty Images New York state is suing e-cigarette giant Juul, accusing the company of targeting teens, downplaying the presence of nicotine and hooking a generation on e-cigarettes, Attorney General Letitia James announced
Customers leave a Kohl’s store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl’s earnings and sales for the latest quarter fell short of analysts’ estimates, the company reported on Tuesday. It also cut its profit outlook for the full year. Its shares tumbled more than
John Williams, Chief Executive Officer of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Fed President John Williams said he is content with the current position of monetary policy and interest rates but said the central bank should be prepared
Marc Romanelli | Blend Images | Getty Images Procrastination comes at a steep cost for older savers who want to hold off on taking mandated withdrawals from their retirement accounts. If you turned 70½ this year or you’re older, you’re on the hook for a required minimum distribution out of your individual retirement account and