TOKYO— Japan's inflation rate eased slightly in June as a sales tax high stunted demand, the government reported Friday. Excluding the direct effect of the April 1 increase in the sales tax to 8 percent from 5 percent, the inflation rate was 1.3 percent, the Bank of Japan said.» Read More
Tremendous speculation in the markets may result in a "surprise or accident" in the credit sector, says Jim Awad, Chairman of Plimsoll Mark Capital.
MIAMI— Federal officials have capped the amount of money scofflaws will be forced to pay if they don't buy insurance this year at $2,448 per person and $12,240 for a family of five. The penalty for the first year starts at $95 per adult or $47.50 per child under 18, and it can rise to as much as 1 percent of annual household income.
Diane Black, R- Tenn., who sponsored the bill. The White House says President Barack Obama supports making the tax credit permanent but that the administration opposes the bill because it would add $97 billion to the budget deficit over the next decade. The White House statement stopped short of threatening a veto.
In an exclusive CNBC interview, President Obama took aim at tax inversions. Watch the interview here.
Business Roundtable president John Engler, discusses the current economic situation in the U.S., and what really matters. He shares his opinions on the Export-Import Bank.
A more than eight-year low in jobless claims is the latest evidence that hiring is picking up, but whether companies are willing to spend is another matter.
Discussing the health of earnings, and the market action into the close, with Keith Bliss, Cuttone and Company, and CNBC's Bob Pisani.
CNBC's Diana Olick looks at whether a potential deal for Zillow to buy Trulia makes sense.
CNBC's Patti Domm discusses the potential levers for fed action and the labor market.
Alan Patricof, Greycroft LLC founder, discusses the current economic environment for starting a new business.
CNBC's Morgan Brennan reports what led to Atlantic City's downgrade by Moody's.
CNBC's Eamon Javers reports how President Obama stacks up against other presidents in regards to fundraising in the first and second terms.
Doug Wolford, Convergent Wealth President & COO, says more people are paying attention to Janet Yellen than are "keeping up with the Kardashians." Craig Columbus, First Allied Asset Management CEO, weighs in.
MIAMI— Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. The Associated Press has reviewed Close's various subsidy amounts and dates to verify the information, but she asked that her financial information and medical history not be published for privacy reasons.
If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.
JACKSON, Miss.— Mississippi merchants and shoppers are gearing up for the fifth annual back-to-school sales tax holiday. Mississippi's sales tax holiday starts Friday at 12:01 a.m. and ends Saturday at midnight. As in previous years, shoppers can save 7 percent on certain clothes and shoes that cost $100 or less per item.
Bernie Sanders, I-Vt., chairman of the Senate panel, made the first move, announcing a proposal that would cost about $25 billion over three years to lease new clinics, hire thousands of doctors and nurses, and make it easier for veterans who can't get prompt appointments with VA doctors to get outside care.
Obama's support of anti-inversion legislation only aims to put a patch on a larger problem—the need for corporate tax reform, CEOs tell CNBC.
*Freeport set to strike deal. JAKARTA, July 24- Indonesia has offered mining companies a tax concession to end a six-month dispute that has reduced mineral exports by half a billion dollars a month, pushed up the global price of some metals and led to thousands of layoffs.
Paul Ryan proposed a new plan Thursday to merge up to 11 anti-poverty programs into a single grant program for states that he said would allow more flexibility to help lift people out of poverty. The Wisconsin Republican and 2012 vice presidential nominee is a respected voice within his party.
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