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Trump's Tax Plan Does Some Major Favors For Rich Americans

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Tax experts feel that although India already has only 3 tax slabs system as 5%, 20% and 30%, but considering the levels of income to which these slab applies , there is great scope for further reduction in these tax rate, specially for 2nd and 3rd slab. Read More »

Americans keeping rolling, 1 point away from Presidents Cup

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With their match all square against the American powerhouse of Jordan Spieth and Patrick Reed , Marc Leishman and Jason Day watched the US tandem play their last four holes in 3 under - in foursomes - and never saw the 16th tee. The result leaves Scott with more foursomes defeats, nine, than any player in Presidents Cup history. Four hours after the fourball frame began, the day's final match reached the 18th tee and Fowler, who'd sat out the afternoon session, wandered up with ... Read More »

Wenger delighted with Arsenal's 'united' response to Anfield mauling

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By then Brighton had settled though and they made a good fist of fighting back, hitting the woodwork themselves through Solly March. Having spent last season on loan at AFC Bournemouth, the England worldwide found himself back in the Emirates treatment room when an ankle injury suffered in the Cherries 0 - 4 drubbing at White Hart Lane. Read More »

Trump proposal slashes taxes on businesses, the rich amid deficit worries

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On Wednesday, a senior administration official said USA workers will benefit largely from the corporate tax rate increase, which will raise equity prices and lead to fuller pension plans. Trump initially wanted to lower it to 15 percent but said his "red line" for the rate is 20. "The elimination of the estate tax will only benefit the wealthiest partners who have the biggest estates", Gaulin said. Read More »

These two charts show what's wrong with Trump's tax proposal

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It includes many useful and productive steps, especially in the area of business taxation, where it makes the US a more attractive place to invest for Americans and foreigners alike. When Barack Obama was president, congressional Republicans were deficit hawks. The Republican framework creates some room for solving that one . The bottom line is that upper-income households as well as corporations and most business owners would reap a windfall from this misbegotten tax cut plan; lower-income ... Read More »

Abe Foes Unite, Threatening His Rule in Japan

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At the same time, Koike emphasized that she will for now dedicate herself to her job as the capital's governor, rebuffing widely circulating rumors that she intends to return to the national stage by resigning and running for a Diet seat in the October 22 election. Read More »

Merkel seeks 'stable' coalition after German vote

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But it is not the victory she or her party had hoped for. Merkel has reached a new low in her 12-year tenure as chancellor. The former Goldman Sachs banker was quoted as comparing Merkel's government to "pigs" for allowing almost 1 million migrants and refugees ― many of them fleeing war-torn nations in the Middle East ― into the country. Read More »

PM May calls London's Uber ban "disproportionate"

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The Uber logo is seen on mobile telephone in London , Britain, September 25, 2017. Uber has until October 13 to appeal the decision. First is Uber's way of reporting serious crimes. If the company was outside the law, what could Transport for London do? James, a driver since 2013, expressed the struggles she faced owning a taxi service. Read More »

Brent oil price ease back from two-year highs

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Oil sustained its bull-market rally in NY as demand for American crude pushed exports to a record. The OPEC deal seems to finally be bearing fruit in the form of a sharp decline in global crude oil inventories. Kachikwu noted that even though Nigeria hit 1.802 million barrels per day in the month of August that was not enough justification for a call by some countries for Nigeria to be brought into the fold. Read More »

Yellen makes case for gradual tightening

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Yellen , in her most detailed speech on inflation risks this year, described three areas of uncertainty in the inflation outlook. The influence of labor utilization on inflation has become quite modest over the past 20 years, implying that the inflationary consequences of misjudging the sustainable rate of unemployment are low. Read More »

After Shocking Election Victory, Far-Right German Party Reassures Jews

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With the SPD in the opposition, the only coalition option that would earn the CDU/CSU and its allied parties more than 50 percent of the Bundestag is known as the "Jamaica" coalition: the CDU/CSU (the black party), the Green Party and the Free Democratic Party (FDP, also known as the yellow party). Read More »

IPhone X battery larger than iPhone 8 and iPhone 8 Plus

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For months, there has been concern that ongoing problems would result in constrained iPhone X supply at launch and into 2018. This was hard to believe as the iPhone X is nowhere near being an affordable smartphone. After all, a phone with a depleted battery is a useless one. That will be through USB-C only, so you will need to connect the new iPhones by cable to make use of speedy charging, but it's a welcome addition. Read More »

Oil Prices Set to Return to Bull-Market Territory

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Turkey has said it could cut off a pipeline that carries oil from northern Iraq to the global market , putting more pressure on the Kurdish autonomous region over its independence referendum. Crude oil prices gained sharply on Monday on the back of improved demand and in anticipation that producers will extend output cuts coupled with Turkish threat to shut down Kurdish oil shipments through its territory. Read More »

Titans, Seahawks skip national anthem before game

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Sherman made headlines last season for getting visibly upset on the field during games, notably after bad plays by the Seahawks. The Seahawks win today was critical for many reasons, much more than just moving to a 2 -1 record. Almost every brand-name player on Tennessee's offense met or exceeded expectations on Sunday. It was completely unexpected compared to what Seattle's defense had done the first two and a half games of the season, giving up a total of two touchdowns in 10 quarters. Read More »

Solar panel imports 'harm United States producers'

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The ITC ruled in favor of domestic panel producers today, and so now the ball is in President Trump's court, who gets to decide whether or not to levy tariffs on these bargain products from overseas. In April, Suniva, a Chinese-ownded, Atlanta-based company, filed for bankruptcy. Suniva has asked for tariffs that would roughly double the cost of imported cells. Read More »

Over 600000 sign petition to save Uber in London

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It can operate until it has exhausted all appeals. Uber's success has led others to the launch of similar platforms in Spain, the US, China and the Arab world. The company says it will challenge the decision in the courts. In July, former CEO Travis Kalanick resigned following criticism of his management style. Read More »

Oklahoma State drops Big 12 opener to TCU 44-31

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TCU: Winning against a Top 6 team is rare, especially on the road. "If we can keep the ball rolling and keeping doing what we do, then we'll find ourselves in that conversation". "Because we already excel through the air". How do we coach it? On the punt return, redshirt freshman cornerback Rodarius Williams dove for the ball though it was supposed to be a fair catch situation, Gundy later explained. Read More »

Kim Jong Un, taking on Trump, makes it personal

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North Korean leader Kim Jong-un on Thursday warned of the "highest level" action after Trump told the UN General Assembly the USA will have no choice but to " totally destroy " the North if forced to defend itself or its allies. The leaders of that country seem intent on being a nuclear power, and no rhetoric, threat or sanction seems to matter to them. North Korean leader Kim Jung-Un delivers remarks on state-TV. Read More »

Zinedine Zidane can face son Enzo when Real Madrid visits Alaves

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Madrid's 73-game scoring streak was the joint-longest of all time in officially documented soccer history, tied with Pele's Santos of Brazil. The 21-year-old has made three La Liga starts and has come off the bench twice. Whatever adjective you choose to use, there is no denying that when it comes to the Champions League , the Real Madrid superstar is a relentless goal-scoring machine. Read More »

'Battle of the Sexes' Serves A victor

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When the self-proclaimed "male chauvinist pig" challenges the feminist King to a " Battle of the Sexes " worth $100,000, King accepts the challenge, viewing it as a pivotal moment to score a victory for women's rights. GREENE: OK, so Billie Jean King had a husband in 1973, but a romance was developing with someone else. Emma Stone always been open with her struggle with anxiety , but during Tuesday's episode of The Late Show with Stephen Colbert , the actress revealed that she ... Read More »

Treasuries Move To The Downside Following Fed Announcement

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Persistent low inflation is a bit of a "mystery", Yellen told a press conference in response to a question from my colleague Chris Condon. Yellen says that inflation has been below target since 2013 for a variety of factors. Four say steady and one says that two hikes this year are appropriate. Bloomberg's dollar index rose after the central bank set an October start for shrinking its balance sheet and maintained a forecast for another rate increase this year. Read More »

United States dollar surges after Fed policy statement

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The Nasdaq slipped 5 points to 6,456. More recently, she has wondered whether something more widespread might be keeping inflation low. -The euro dropped 0.9 percent to $1.1885. Its predominantly consumption driven economy has struggled to track the export boom seen in neighboring countries and its inflation is seen trending to the lower end of the central bank's 3-5 percent target. Read More »

In the Works: Are you prepared for latest Equifax breach?

Equifax's legitimate site has been marred with issues from the beginning, with users complaining the site failed to confirm whether they were harmed by the breach. Thought your information wasn't stolen in the Equifax breach? "Data brokers continue to practice lackadaisical cybersecurity because they fail to connect the information lost in countless breaches to the lives impacted by adversaries' campaigns". Read More »

US Fed to Start Reducing Bond Holdings

That helped send bank stocks higher. Many banks, large and small, have projected their profits will increase as rates continue to rise and they are able to earn more from the difference on the rate they charge borrowers compared to what they're paying out. Read More »

Toys R Us files for Chapter 11 reorganization

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Toys " R " Us continues to operate its business in the ordinary course in terms of its customers, team members, vendors and partners. Meanwhile, the filing of Toys "R" Us' bankruptcy raised people's attention on what would be the future trend of retail industry. Read More »

Yellen fires starting gun on the end of QE

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Therefore, the Fed can feel confident that its own measures should not send yields flaring up in a disrupting way for bond markets . That helped send bank stocks higher. The Bank of Canada's rate now sits at 1 per cent. "This puts a little pressure on gold", said Jeff Klearman , a portfolio manager at GraniteShares, a provider and manager of exchange-traded funds. Read More »

Gold Slightly Up Ahead of FED Statement

Nevertheless, markets had other factors to contend with when trying to anticipate the monetary authority's decision come December, as vice-president Stanley Fischer - who was on the more hawkish side of the policy debate - was set to leave beforehand, as Philip Marey at Rabobank pointed out. Read More »

Global Markets Look to Fed Meeting

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The U.S. dollar shone while Asian shares slipped slightly on Thursday after the U.S. Federal Reserve announced a plan to start shrinking its balance sheet and signalled one more rate hike later this year. The US dollar remained weak ahead of the Federal Reserve's announcement and the Fed Chair's press conference later in the session. The dollar index ended the day with a growth of 0.17% to 91.81 points. Read More »

Eden Hazard Says Chelsea Can Play with their Eyes Closed

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We have come here and struggled in recent years, but we showed what we're capable of, competing against the best. Cech, however, made a fine-one-on-one save. However, in Lacazette's case, he only lasted 65 minutes and was then subbed off for Alexis Sanchez . Fabregas and Hazard had space and, because of Chelsea's midfield diamond and lack of numbers out wide, so did Kolasinac and Bellerin. Read More »

Monday Memo: Boeing investor day, Fed interest rate decision

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Industrial companies, including airlines, led the gainers. Technology stocks were down the most. Japan's Nikkei stock index () surged 1.2 percent in early trade, catching up to global equities gains and responding to a weaker yen as Tokyo markets reopened after a public holiday on Monday. Read More »