New IRS tax withholding tables mean your paycheck might be getting a little bigger soon

So who’s ready for a fatter paycheck starting next month? RELATED: This new Trump tax calculator shows how much you’ll pay going forward New withholding rules mean more money in your pocket The Internal Revenue Service is out with new withholding tables for companies to follow when calculating your paycheck going forward. Employers may begin using… Please follow and like us:

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BoA: Cash Levels Show Market Sentiment Remains Subdued

Even though equity markets around the world continue to march higher, and show no signs of slowing down anytime soon, it seems investors would still instead invest in bonds. According to the latest issue of Bank of America’s Flow Show Report, during the first week of January, investors withdrew $4.5 billion from equity funds ($3.9 billion… Please follow and like us:

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The Bank Of England Is Planning A Bitcoin-Style Virtual Currency – But Could It Really Replace Cash?

Governments are extremely worried about cryptocurrencies such as bitcoin. These virtual currencies mean you can make payments without involving the banks that most economies and government financial models are built on. People can transfer large amounts of money without the authorities knowing, potentially making it easier to evade tax or launder money. So several countries’ central… Please follow and like us:

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4 credit card traps to avoid in 2018

With the new year just around the corner, it’s a good time to reflect on your life and accomplishments over the past 12 months. It’s also a good time to think about your finances! With credit card debt at staggering levels nationwide, it’s high time to get serious about spending. Of course, credit cards can be… Please follow and like us:

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US existing home sales, prices surge in November

The US housing market continued to boom in November, with existing home sales rising for the third straight month to the highest level in nearly 11 years, according to data released Wednesday. The multi-year streak of rising prices and falling inventories also continued, adding to concerns about affordability for would-be home owners, the National Association of… Please follow and like us:

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Is now (at a market high) a bad time to invest?

The stock market is on a tear. As the Dow has soared through 20,000 and 22,000 and now past 24,000, you have considered (repeatedly) whether you should have more money in the market. But let me guess: Your next thought is, “Nah, the market is too high. After all, we’re supposed to buy low and sell… Please follow and like us:

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Meredith, backed by Koch brothers, to buy Time Inc. for $2.8 billion

Magazine publisher and broadcast company Meredith Corp. said it will acquire Time Inc. in a deal valued at $2.8 billion, a further sign of the steep challenges facing the print magazine industry. The Des Moines-based company said it agreed to pay $18.50 a share for New York-based Time Inc., the publishing company that owns the magazines… Please follow and like us:

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Tax Cuts and Jobs Act: Here are the key takeaways you need to know

Now that the Tax Cuts and Jobs Act was unveiled by House Republicans on November 2, we’re beginning to get the outline of what the tax bill could mean for everybody from corporations to average Americans. At this early stage, we know that corporations will see a lower tax rate of 20% and lower taxes on… Please follow and like us:

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China economic slowdown increases

The news during the Chinese Communist Party Congress was supposed to be uniformly positive. But the Oct. 19 press conference of Zhou Xiaochuan, the governor of China’s central bank, was not. After admitting that the country’s high debt was high, he surprised everybody by adding that it was not so high as to cause a “Minsky… Please follow and like us:

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‘Cashless’ society and future of money

SILICON VALLEY, CA. – Just as Shakespeare created an entirely new vocabulary for the Renaissance, cryptocurrencies are emerging in our postmodern era while speaking a language all their own. Cash may still be king, but the digital revolution is now enabling global citizens to make payments electronically. Thus the need has emerged for a secure way… Please follow and like us:

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Cryptocurrencies – the Emerged Elephant in the Room

The world’s monetary landscape is shifting, and one of the biggest factors is the dramatic rise in the value of cryptocurrencies so far in 2017. Emerging from the online cypherpunk community, and developed in the late 2000s, cryptocurrencies are digitised coins with no physical format- essentially, it’s currency that exists exclusively in the online world, through… Please follow and like us:

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In Defense Of Cash: Why We Should Bring Back The $500 Note And Other Big Bills

A world without cash seems wonderful at first glance since it is convenient and fast. You don’t need to withdraw dollars or euros ahead of time. You don’t have to worry about money being lost or stolen. Paying for things with your phone is a breeze. Many countries around the world are steadily shifting away from… Please follow and like us:

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Lyft gets $1 billion investment, led by Google’s parent company

SAN FRANCISCO — In the topsy-turvy world of tech, an investor can fund a company one minute and sue it the next. It also can turn around and fund a competitor, which is what Google’s parent company did when it announced Thursday that its growth equity fund led a $1 billion investment in Lyft, four years… Please follow and like us:

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The last days of DuPont

American voters’ embrace of Donald Trump last fall — that rejection of business as usual — echoed an upheaval in corporate America the year before, when professional investors holding DuPont and Dow Chemical Co. stock embraced the radical prescriptions of such billionaire corporate raiders as Nelson Peltz and Daniel Loeb to cure what they saw as… Please follow and like us:

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Cash Levels Remain ‘Stubbornly High’ in August Merrill Survey

Global investors’ average cash balance held steady at 4.9% in August, still above the past 10-year average of 4.5%, according to Bank of America Merrill Lynch’s latest fund manager survey. European investors’ cash weighting rose to 5.3%, the highest reading in more than 14 years. “Fund managers are holding on to cash at a stubbornly high… Please follow and like us:

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