U.S.
  • Lawrence Summers: corporate tax reform needs resolution
    Photo Credit: Getty Images/Alex Wong No one is satisfied with the U.S. corporate tax system. From one perspective the main problem is that at a time when corporate profits are extraordinarily high relative to GDP, tax collections are very low relative to GDP. And many very successful companies pay little or nothing in taxes at a time when the budget deficit is a major concern and when hundreds of thousands of defense…U.S.,Paul Maidment
  • Pay no attention to that man behind the curtain . . .
    Photo Credit: Reuters/Jason Reed Follow the economy, not the Fed, was the gist of U.S. Federal Reserve Chairman Ben Bernanke’s guidance to investors over when the central bank would start to taper its $85 billion-a-month bond buying program. While Bernanke came closest to date in offering a timeline for the tapering to start, he still did no more than lay out some possible courses for that process to follow, and repeatedly…U.S.,Ben Bernanke,Federal Open Markets Committee,monetary policy,United States,US Federal Reserve,Paul Maidment
    Published Date : Jun 19, 2013, 5:10 PM EDT
  • U.S. Households’ Net Worth Rebuilt (Almost) In One Chart

    New numbers from the U.S. Federal Reserve show that American households as a whole have restored their net worth to pre-2008 financial crisis level, even if they give no indication of how that wealth is distributed.U.S.,In One Chart,U.S. Federal Reserve,U.S. household net worth,United States,Paul Maidment

    Published Date : Jun 06, 2013, 6:28 PM EDT

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