Trump vs. Macron: What the French president doesn't understand about nationalism

Trump slams Macron over defense as relations sour President Trump fires back at French President Emmanuel Macron’s critical comments about Trump’s embrace of nationalism; Kevin Corke reports from the White House. Much can be lost in translation, even in our modern world. Perhaps the latest incident is French President Emmanuel Macron launching his obvious, if sloppy, criticism of President Trump […]

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What is the difference between a 408(k) plan and a 401(k) plan?

Both 408(k) and 401(k) refer to sections of the Internal Revenue Code that outline employer-sponsored retirement plans. Both provide guidelines that allow employees to set aside a portion of their paychecks before taxes are taken out to be invested in a special account meant for retirement. That’s where these two alphanumeric codes diverge. While “401(k)” has become synonymous with a widely available retirement savings […]

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What Sessions' resignation means for pot

Sessions’ firing a step toward legalization of marijuana? Fox News senior judicial analyst Judge Andrew Napolitano on the future of the marijuana industry after the resignation of Jeff Sessions as Attorney General. Cannabis stocks rallied late Wednesday after Jeff Sessions, who was seen as a major roadblock to decriminalizing pot, resigned as attorney general. Continue Reading Below While the opinion […]

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Here’s what the new Congress will try to do — and one i-word isn’t on the list

Democrats are poised to begin a flurry of investigations into the Trump administration while at the same time possibly start work with the president on infrastructure, after their party won back the House of Representatives in the midterm elections on Tuesday. See full story. The midterm elections delivered a split decision on Congress, as expected, with results still trickling in […]

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What Happens if the Democrats Win the House?

This article was originally published on ETFTrends.com. How the Equity Markets may perform with a ‘split Legislature’ By J. Richard Fredericks, Main Management The mid-term elections happen this week. Pundits are in general agreement that the Democrats will likely win back the majority in the House and that the Republicans will hold the Senate. More specifically, the Cook Political Report estimates […]

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What Australian investors can learn from overseas

Many things affect the Australian sharemarket, including the state of the national economy, corporate profits, government policy (including corporate tax rates and interest rates) and business and investor confidence. But Australian investors would be wise to keep an eye on international events, which can also severely impact the Australian sharemarket. Three countries in particular are worth watching: the US, China […]

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What next for IL&FS?

The board will first need to unpack IL&FS – it has 169 group companies with 24 direct subsidiaries, 135 indirect subsidiaries, six joint ventures and four associate companies, says Amit Tondon. Given the size of the of the problem, Infrastructure Leasing & Financial Services (IL&FS) is the largest bankruptcy facing the Indian financial system. For the government to stand aside […]

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‘Buy my own island’: What winners would do with Mega Millions $1.6 billion prize

SAN FRANCISCO – Huge lottery prizes bring out the dreamers in regular folks all across the country, turning skeptics into players as attitudes switch from “Why bother?’’ to “Why not?’’ As the jackpot for Tuesday night’s Mega Millions lottery climbed to $1.6 billion – the highest ever in U.S. lottery history – ticket sales have taken off, with extended lines reported over […]

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