Economy

Policy: Budgets & Deficits

Treasury looks to stop 'corporate deserters' on its own

By Joseph Lawler | 08/21/14 05:00 AM

Treasury looks to stop 'corporate deserters' on its own

President Obama may not be able to stop "corporate deserters" from taking up legal residency in low-tax countries. But it appears that his Treasury Department will try to make the prospect of leaving the U.S. as unattractive as possible.
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More Federal Reserve officials show support for ending stimulus earlier

More Federal Reserve officials show support for ending stimulus earlier

By Joseph Lawler | 08/20/14 03:16 PM

Most Fed officials expect that job gains will continue to accelerate and inflation will start rising in 2014.
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Why Bank of America deal might not cost it $17B

Why Bank of America deal might not cost it $17B

By JEFF HORWITZ | 08/20/14 07:28 PM

WASHINGTON (AP) — How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar. Inflated figures make sensational headlines...
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