Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Stocks in Asia fell Monday morning following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
For many American workers, earning a six-figure income is an impressive milestone. But it might not mean as much after accounting for state and local taxes, particularly in places like New York, California and Maryland.
To see how much you really need to take home $100,000, personal finance site GOBankingRates determined the exact salary, weighing federal, state and local taxes plus withholdings. (With the Tax Cuts and Jobs Act, now is also a good time to take a look at your tax withholding at work.)
In Oregon, that comes out to $152,810. Since the Beaver State doesn't have a sales tax, high income taxes make up the difference.
Alternatively, residents of Nevada and New Hampshire need only to earn $134,629 on paper to take home $100,000 — that's largely because those states have no income tax on wages and salaries. (New Hampshire does tax income from dividends and interest but Nevada is one of seven states with no personal income taxes on wages, earnings or investment income.)