24 February, 2017 by The TZ Newswire Staff Comments Off on US Tax Reform in Jeopardy and the State of Strong Dollar Policy
US Tax Reform in Jeopardy and the State of Strong Dollar Policy
The focus in the market is shifting away from the Federal Reserve, for which the consensus recognizes that the FOMC minutes probably make a March hike less likely. The CME’s calculations put the odds at less than 18%, while the Bloomberg estimate…
24 February, 2017 by The TZ Newswire Staff Comments Off on The Problem with Gold-Backed Currencies
The Problem with Gold-Backed Currencies
Any currency is only truly “backed by gold” if it is convertible to gold. There is something intuitively appealing about the idea of a gold-backed currency—money backed by the tangible value of gold, i.e. “the gold standard.” Instead of intrinsically…
24 February, 2017 by The TZ Newswire Staff Comments Off on Instant Tax Collection: As Bitcoin Surges to Record High, China Prepares its Own Digital Currency
Instant Tax Collection: As Bitcoin Surges to Record High, China Prepares its Own Digital Currency
Bitcoin hit an all-time high of $1,172.09. Traders are happy because the SEC is expected to rule on a Bitcoin ETF by March 11. Meanwhile, Bloomberg reports China Is Developing its Own Digital Currency.
24 February, 2017 by The TZ Newswire Staff Comments Off on Personal Finance Daily: Here’s how you can win an Oscar and 10 car-buying apps
Personal Finance Daily: Here’s how you can win an Oscar and 10 car-buying apps
Friday’s top personal finance stories
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24 February, 2017 by The TZ Newswire Staff Comments Off on Key Words: An ‘F’ for some school-voucher programs even as Trump pushes choice
Key Words: An ‘F’ for some school-voucher programs even as Trump pushes choice
A proposed $20 billion public-to-private school voucher program from the Trump administration may have the most momentum for such a plan in decades.
24 February, 2017 by The TZ Newswire Staff Comments Off on Capitol Report: House border adjustment tax would raise prices for consumers, New York Fed economist says
Capitol Report: House border adjustment tax would raise prices for consumers, New York Fed economist says
Here’s another argument in the fierce debate over the proposed border adjustment tax: it would result in consumers and businesses paying higher prices for imports and domestic goods.
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