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JEFFERSON CITY, Mo.— A Missouri Senate committee has endorsed a 1- cent sales tax increase to fund transportation projects. If passed by the full Senate, the measure would head to the November ballot for voter approval. The lone "no" vote on the Senate panel was Republican Sen.
TOKYO, April 18- Core consumer prices in Tokyo, a leading indicator of nationwide inflation, probably rose the most in 22 years in April after an increase in Japan's sales tax drove up prices across the board, a Reuters poll showed on Friday.
DeFazio, D- Ore., said the Formosa Mine, which is on federal and private land outside Riddle, illustrates what is wrong about the 1872 Mining Act: the Canadian companies that reopened the mine in the 1990 s have disappeared; the bond put up for cleanup was nowhere near enough to cover the true costs; and the federal government never got a penny in royalties.
That means some of Wall Street's largest hedge funds and private equity firms are largely escaping close scrutiny by the IRS, said Sen. "Auditing less than 1% of large partnership tax returns means the IRS is failing to audit the big money," said Levin, who chairs the Senate subcommittee on investigations.
Foreign ministers meeting in Geneva agreed "initial concrete steps" to de-escalate the situation in Ukraine, they said in a joint statement.
The CBO estimates that boosting the minimum wage to $10.10 hourly would force businesses to spend $15 billion more in salaries in 2017.
WASHINGTON— A Senate Democratic bill gradually increasing the federal minimum wage to $10.10 hourly would require private businesses to spend $15 billion more in salaries when it takes full effect in 2017, the Congressional Budget Office estimated Thursday.
Art Cashin of UBS Financial Services tells CNBC's Dominic Chu the stock market is looking better but there's still a big potential negative looming.
President Obama's fiscal 2015 budget request would boost US tax revenues by nearly $1.4 trillion over 10 years if fully enacted, the CBO said.
ROME— Italy has again pushed back its balanced-budget goal, now aiming for 2016..
RDQ Economics' John Ryding told CNBC he questions whether monetary policy can spur companies into hiring the long-term unemployed.
French economist Thomas Piketty says wealth inequality will continue to rise over time.
A rebound in home prices has slowed in recent months, so has the recovery process for those still submerged with negative equity.
LONDON, April 17- The dollar fell against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen reiterated an accommodative monetary policy stance in comments.
UnitedHealth Group's first-quarter net income slid 8 percent as funding cuts to a key product and costs imposed by the health care overhaul dented the health insurer's performance.
TOPEKA, Kan.— Kansas officials projected Thursday that the state will collect nearly $178 million more in revenues than previously thought through June 2015, brightening its short-term budget picture. Sam Brownback's urging to boost the economy.
LONDON, April 17- The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance in comments which gave the euro and the yen a lift.
TOKYO, April 17- The Bank of Japan maintained its upbeat view on most of the country's regional economies, adding to reassurances from its governor that the world's third-largest economy can ride out the pain from a sales tax hike without additional stimulus.
NEW YORK— Mayor Bill de Blasio unveiled a sweeping report Thursday that examined New York City's recovery progress from Superstorm Sandy and promised to reform a much-maligned program that was supposed to rebuild wrecked homes.
OTTAWA, Ontario— Police have charged a 19- year-old Canadian man in connection with the loss of taxpayer data from Canada's tax agency website. The Royal Canadian Mounted Police said Wednesday that Stephen Arthuro Solis-Reyes was arrested at his residence Tuesday and is charged with unauthorized use of a computer and mischief in relation to data.
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