California was sued twice after passing a corporate tax law that put billions at stake | Dan Walters | Dan-walters
During Jerry Brown’s first term as governor of California, he became embroiled in a highly complicated dispute over how the state should tax the income of multinational corporations. More than four decades later, the issue has resurfaced in a corporate…
Recession appears less likely according to labor market/sales reports
Economists at Goldman Sachs have reduced the likelihood of a recession in the United States. As Bloomberg News reported On Saturday (August 17), the banking giant estimated that an economic downturn could occur based on the latest data on retail…
The stock market debacle in August is a “clear warning signal” of what lies ahead, warns an experienced hedge fund manager
August 5, 2024 was a difficult day for investors worldwide, as stock markets from Japan to the US were thrown into turmoil without much warning, leaving analysts and economists desperately searching for answers. A weak jobs report that triggered a…
BofA: It could take six months for shares to recover from the sell-off
Bank of America analysts said it could take six months for global stock markets to recover their recent losses. The unwinding of the yen carry trade, in which investors borrow yen at low interest rates to invest in other markets…
Stock market is shaped by contradictory forces in economy and profits
Investors are faced with conflicting signals due to the economic slowdown and expectations of continued corporate earnings growth. A surprise rise in unemployment has fuelled fears of a recession, but these may be unfounded. The general development of the stock…
Albany business owners and residents react to property tax increase
ALBANY, Ga. (WALB) – Albany business owners are weighing in on a property tax increase proposal that is expected to be approved in the coming weeks. “We want to keep taxes low, but at the end of the day we…
