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Some 2026 predictions from a handful of market veterans including Steve Eisman, says watch out for old economy stocks to shine this year.
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Retirees need to learn a lot before undertaking the task. They are wise to begin long before listing their homes.
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Elon Musk's xAI raises $20bn in funding round that doubles valuation Financial TimesxAI Raises $20B Series E xAIElon Musk's xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity CNBCMusk's xAI Closed $20 Billion Funding With Nvidia Backing Yahoo FinanceElon Musk's xAI announces it has raised $20bn amid backlash over Grok deepfakes The Guardian
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Dow heads for first close above 49,000 as investors shrug at Venezuela situation, buy chip stocks: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq nudge higher after Dow's rally to record Yahoo FinanceS&P 500 Inches Forward as Traders Await Key Economic Data Bloomberg.comTech, healthcare extend Wall St rally, focus on week's jobs report Reuters
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Managers have been offering discounts amid difficulty fundraising, and capital is increasingly going to bigger funds, dragging down the mean.
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The Treasury market was moving in a listless fashion on Tuesday in response to the U.S. intervention in Venezuela — with traders more focused on a busy calendar week that includes Friday's jobs report for December.
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‘Super flu' hits highest level in US in 25 years — with New York breaking hospitalization records New York PostFlu reaches highest levels in the US in 25 years CNNFlu surges across U.S. as doctor visits reach highest level since 1997 CBS NewsHouse of the week: An expanded four-bedroom Colonial in Abington Township for $599,900 Inquirer.com
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WHAT are Republican lawmakers in politics to achieve? Not many years ago, at the peak of their outrage over Barack Obama''s economic stimulus package, 'balanced budgets' might have featured in the answer. But the frenzied passage of the Tax Cuts and Jobs Act through Congress has revealed the insincerity of the party''s fiscal moralising. Republicans in Congress do not oppose government borrowing when it suits them. Rather, the overarching policy objective that unifies them is cutting taxes—and damn the fiscal consequences. Following the passage of the tax bill through the Senate in the early hours of December 2nd, Republicans are on the brink of achieving their goal.On November 30th budget scorekeepers unveiled a forecast for how much extra economic growth the tax bill might spark: enough to pay for about one third of its $1.5trn cost. Previously, Republicans might have viewed this projection as a triumph. They have long pressed for budget forecasts to include such 'dynamic' effects (see blog). But the score briefly seemed to imperil the bill. It undermined the absurd claim, made by the Republican leadership and the Trump administration, that tax cuts would pay for themselves in full. No serious economist ever thought this credible. Yet the official score seemed to blow Republicans'' ...
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IN THE annals of modern American economic policymaking, among the most revered pieces of legislation is the Tax Reform Act of 1986. During the three decades since its passage, Democrats and Republicans alike have hailed the law not only for overhauling the country''s tax system, which Jimmy Carter famously called 'a disgrace to the human race', but also for doing so with bipartisan support in both houses of Congress. As Republicans embark on yet another sweeping rewrite of the tax code, many point to the 1986 effort as a model to emulate. It was 'really something special', Donald Trump said in August. However, admirers of America''s last comprehensive revision of its tax code should be disappointed with the GOP''s current attempts.The bill that passed in 1986 took a long, arduous path to President Ronald Reagan''s desk. Originating out of a three-volume report by the Treasury department, it faced numerous brushes with death, and took more than two years to wind its way through Congress. The process included full committee hearings, markups and deliberations. The final bill eliminated many deductions, credits and exemptions that favoured some taxpayers over others. This generated new revenues, which were then used to reduce tax rates, mainly for low and middle-income individuals. The bill did ...
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