Finance

Wisconsin governor: No tax credits for new Foxconn plant

Wisconsin Gov. Tony Evers’ top aide is warning Foxconn Technology Group that it won’t collect any state incentives for its scaled-down factory in Wisconsin if it doesn’t renegotiate the deal By TODD RICHMOND Associated Press December 13, 2019, 11:53 PM 4 min read MADISON, Wis. — Gov. Tony Evers’ top aide warned Foxconn Technology Group […]

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The Decade in Retirement: Wealthy Americans Moved Further Ahead

Just 52 percent of American households owned retirement accounts in 2016, according to Federal Reserve data, not much changed from 2010, when that figure stood at 50 percent. Racial gaps in account ownership are especially pronounced — 58 percent of white households owned retirement accounts in 2016, compared with just 33.6 percent of black households

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Iowa Democrats worry ‘Medicare for All’ hurts key industry

DES MOINES, Iowa — Kim Motl doesn’t work in the health insurance industry. But her friends and neighbors do. So when she saw Sen. Elizabeth Warren recently in Fort Dodge, Iowa, Motl pressed the Democratic presidential candidate about her “Medicare for All” plan, which would replace private insurance with a government-run system. “What about the

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How US-China trade deal achieved a little but left out a lot

WASHINGTON — The limited trade deal that the Trump administration and Beijing announced Friday means Americans will avoid a holiday tax increase on imported toys, clothing and smartphones. U.S. farmers can sell more soybeans and pork to China. And American companies should face less pressure to hand over trade secrets to Beijing. But what the

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Swarovski crystals, $900 cabernet and a Buttigieg fundraiser

WASHINGTON — The Hall Rutherford wine caves in the hills of California’s Napa Valley boast a chandelier with 1,500 Swarovski crystals, an onyx banquet table to reflect its luminescence and bottles of cabernet sauvignon that sell for as much as $900. It is also where Pete Buttigieg, the Democratic presidential candidate, will dine privately with

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Supreme Court Takes Up Trump Bid To Shield Financial Records

WASHINGTON, Dec 13 (Reuters) – The U.S. Supreme Court on Friday agreed to hear President Donald Trump’s appeals in three separate cases to prevent his financial records, including tax returns, being handed over to Democratic-led House of Representatives committees and a New York prosecutor. The Republican president is trying to block subpoenas for bank records, tax returns or

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