Millions to owe Obamacare tax penalty
Some three-quarters of the nation’s 150 million taxpayers have health insurance through their jobs or government programs and will simply have to check a box on the Form 1040. Another…
Category: Business
Diamonds are getting cheaper. Time to buy?
However, retail prices could drop if stores have to start discounting because of an unrelated trend: increasing demand for colored stones over diamonds. “As [retailers] try and become more competitive…
Senator Rand Paul goes after Fed…again
So far, Paul’s bill has 30 co-sponsors while Massie’s has 103. The Fed is already subject to regular audits by the GAO, but proponents of “Audit the Fed” bill want…
China crackdown makes it harder to get around the Great Firewall
Related: The Great Firewall of China is nearly complete Winger Chen, who owns a food and beverage consulting company in China, has always “felt some frustration with [spotty connectivity],” but…
Bill Gates: ‘I feel pretty stupid that I don’t know any foreign languages’
Related: Bill Gates’ next target is mobile banking – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Fed stays ‘patient’ but rate hikes are coming
The yield on the 10-Year Treasury bond dipped as well, a sign that many investors around the globe are still attracted to the safety of American debt. (Yields fall when…
Andrew Sullivan bids farewell to blogging
Former CNN host Piers Morgan, a longtime Sullivan adversary, asserted that the announcement could only mean that the blogger’s digital venture has “been a disaster.” The Daily Dish’s self-reported revenue…
Stop hiding money offshore, IRS warns tax cheats
In addition, a new set of reporting rules are being phased in under the Foreign Account Tax Compliance Act that will require many foreign financial institutions to report accounts held…
China vows to end gold medal obsession
To improve in international competition, the state constructed a centralized athletics program similar to those of the Soviet Union and East Germany. Critics complained about the cost, but the system…
Greek debt crisis: Who has most to lose?
Most Greek debt is held by other eurozone countries. Around 53 billion euros was loaned through bilateral agreements, according to researchers at Open Europe. The Greek government would have to…
Alibaba is a better bet than Yahoo
Alibaba will report its fiscal third quarter earnings on Thursday morning. This is the second earnings report for Alibaba since its initial public offering in September. The stock rose more…
Yahoo To Avoid Billions In Taxes By Spinning Off Alibaba Stake
Yahoo CEO Marissa Mayer is spinning off the company’s prized stake in China’s Alibaba Group Holding in a move that will let Yahoo avoid paying billions in future taxes. A…
Yahoo Could Sell Its Alibaba Shares Without a Big Tax Bill
So what might she offer? Here are a few possibilities: The single biggest goal — one vigorously reinforced by antsy shareholders like the activist hedge fund Starboard Value — is…
How 2014’s Huge Market Moves Are Affecting the Economy in 2015
Follow Us: Get the Upshot in your Inbox JAN. 27, 2015 Neil Irwin – The same forces that led to a rising dollar in recent months have meant lower long-term…
Obamacare Nears Major Goal With One Month To Go
More than 9.5 million people have signed up for private health insurance coverage this year using the Obamacare exchanges, the Department of Health and Human Services disclosed Tuesday, putting the…
Here’s How Much Less Women Make In Each State
If you’re a woman looking for equal pay for equal work, then you might want to steer clear of Louisiana and Wyoming. – Here is the gender pay gap in…
Bacon Prices Are Falling
Bringing home the bacon is getting a little easier. – And how do you entice people to buy more of something? Make it cheaper.
This Map Shows Which States Are Utterly Obsessed With Mountain Dew
America’s heartland is keeping Mountain Dew alive, even if the coasts ignore it. – Read more about how Mountain Dew will survive the death of soda here.
These Are The 25 Best Jobs In America, If All You Care About Is Numbers
The rankings are in for the best jobs in America. Career website Glassdoor has compiled a list of the most desirable occupations in the country, based on an analysis of…
Rupert Murdoch, Are You OK?
Rupert Murdoch mysteriously tweeted the word letter-combination “po” yesterday, leading to a speculative frenzy on twitter. – Certainly, Monday’s tweet is a lot less controversial than the anti-Muslim remarks he…
Obamacare To Cost Far Less Than Estimated, Budget Office Says
WASHINGTON, Jan 26 (Reuters) – Obamacare will cost 7 percent less than expected over the next decade for federal subsidies to help lower-income people pay for private health insurance, congressional…
Bond king: Oil won’t go back to $90 this year
Gundlach’s firm left its peers in the dust last year. DoubleLine’s flagship Total Return Bond fund (DBLTX) and its Core Fixed Income fund (DBLFX) both finished in the top 10%…
Facebook blocks pages insulting Mohammed in Turkey
By comparison, Facebook blocked 4,960 “pieces of content” in India, 29 in Russia, nine in the United Kingdom and none in the United States. Until an epic fight between Google…
Aer Lingus Receptive to Latest Offer From Parent of British Airways
Aer Lingus, an Irish carrier, rejected two takeover offers late last year from the parent company, the International Consolidated Airlines Group, or I.A.G. “The board has indicated to I.A.G. that…
How many iPhones did Apple sell?
Making such gigantic inroads in China was once believed impossible. Apple’s brand did not hold the same cache as some Chinese smartphone makers, including Xiaomi, Lenovo and Huawei. And those…
Warning sign: Dow dives 380 points
The key benchmark for the tech sector will be Apple (AAPL, Tech30)’s earnings after the bell today. Wall Street expects a huge earnings beat. Anything less than that could be…
CNN and other media brands come to Snapchat
“We’re always seeking out new audiences and advertisers, and it’s more important than ever to tailor content to suit the platform,” Andrew Morse, senior vice president and general manager of…
Lousy Caterpillar earnings drag down market
The future isn’t looking bright: Oil isn’t the only problem for Caterpillar. The company is expecting a particularly big hit in its mining equipment sales business as prices of metals…
Did Fox and NBC get Bowe Bergdahl story wrong?
Bergdahl, a prisoner of the Taliban for five years, was released last summer in exchange for five Guantanamo Bay detainees. He indeed may be charged with desertion, and CNN’s Barbara…
Aer Lingus Backs Takeover Bid By British Airways Parent IAG
Aer Lingus announced Tuesday it supports a takeover bid by British Airways parent IAG, putting the Irish airline with its trademark shamrock tailfins on course for foreign acquisition nine years…