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House Republican tax bill favors the rich — how much they stand to gain, and why
A tax and spending package passed by House Republicans funnels most of its financial benefits to the rich and leaves many low earners worse off.Read More...
Ray Dalio says to fear the bond market as deficit becomes critical
The billionaire investor is not hopeful politicians will be able to reconcile their differences and lessen the country's debt load.Read More...
Dealmaking rebounds after Trump’s tariffs cut off a budding M&A boom
The pace of mergers and acquisitisons is picking up this month, with more than 300 deals announced as of May 20, collectively valued at more than $120 billion.Read More...
China’s Xiaomi claims new phone chip rivals Apple at a cheaper price
Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and cheaper phone.Read More...
Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion
One Chinese baby products company announced it is officially entering the United States, the world's largest consumer market — regardless of the trade war.Read More...
JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse
JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.Read More...
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