*Lexus imports cars from Japan for China market. Unlike German peers Audi, Volkswagen AG's luxury division and BMW, Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China.» Read More
Greece does not have a liquidity problem-it is insolvent. Without transfers of wealth from richer states like Germany and France to retire significant amounts of its sovereign debt, Athens must restructure its bonds-essentially default on significant portions of its obligations to bondholders.
Wiping away Federal restrictions to building public-private sectors partnerships in infrastructure will help build the economy, with Sen. Mark Kirk (R-IL).
Debating the ways to achieve affordable medicare, tax reform and a pro-growth economy, with Jared Bernstein, former chief economist & economic policy adviser, and Rep. Paul Ryan (R-WI).
Some of the nation’s largest corporations have amassed vast profits outside the country and are pressing Congress and the Obama administration for a tax break to bring the money home, the New York Times reports.
The House appears likely to vote this week on a measure that would limit financing for the American military efforts in Libya, using the chamber’s appropriations power to push back against the White House, which did not seek Congressional authorization for the mission, the New York Times reports.
As 22-year-old Irishman Rory McIlroy continues to impress in the majors, it becomes more and more apparent that the PGA Tour needs to wrestle this golf phenom away from the European Tour and keep him for themselves.
The IRS and UK tax authorities are now focusing on taxing non-U.S. based athletes endorsement income, reports CNBC's Darren Rovell.
The British government will confirm proposals to raise the retirement age of up to six million public sector workers by six years on Friday from 60 to 66.
Citigroup’s attempts to sell OneMain Financial, the largest US consumer finance company, have stumbled over concerns among potential bidders about its funding as a standalone business, reports the FT.
How a tax holiday for profits made overseas by multinationals will help America, with Rep. Peter Welch, (D-VT), and Rep. Jeb Hensarling (R-TX).
With the economic recovery sputtering, are higher taxes the solution? Robert Reich, UC Berkeley, and Dan Mitchell, Cato Institute, discuss.
Ivan Seidenberg, Verizon CEO says he's optimistic about the economy but we need to deal with regulatory friction in Washington, tax reform and the debt ceiling.
Tax deductions are an important part of calculating your annual income. But many people are unclear about how deductions affect overall tax payments. Salman Khan of the Khan Academy explains a simple calculation you can do, depending on your tax bracket, to help you estimate the effect.
The Alternative Minimum Tax, also known as the AMT, is a portion of the U.S. tax code that affects high-earning individuals who lower their tax payments through deductions. Want to know how it’s calculated? Salman Khan of the Khan Academy demonstrates.
Markets took a tumble on Thursday on fresh worries about the Greek debt crisis and European policy makers were urged to come up with a credible plan to restructure the country's debt.
A tax repatriation holiday is being pushed by companies to promote job creation. Andy Stern, former SEIU president discusses why tax reform is essential to keeping the U.S. competitive.
US Treasurys may not be such a good bet for investors as yields have dropped too low and questions remain on whether the Federal Reserve will continue to print money after its current round of quantitative easing ends, analysts told CNBC.
A group of multinationals have formed the "WIN America Campaign" to lobby for a tax holiday, with Andy Stern, former SEIU president.
Worries about the economy pose a serious threat to President Obama’s re-election chances, according to a new NBC News/Wall Street Journal poll.
Should Congressional leaders have a blind trust for their investments to avoid conflicts of interest? Insight with Bob McEwen, Renewing American Leadership; Neal Asbury, talk radio host, and CNBC's Eamon Javers.
Get the best of CNBC in your inbox