tax

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank (NYSE:DB) shares slipped by 6.4 percent after it announced to cut more than 7,000 jobs to reduce expenses and return profitability back to reassure investors and clients.The bank released a statement regarding its Equities business rev..

China to Cut Auto Import Tariffs

China to Cut Auto Import Tariffs

China announced to make massive cut to auto import tariffs, a move to further open up the world’s largest auto market to international auto makers.China’s Finance Ministry said it will cut import tariffs on some of the vehicles to 15 per..

Morgan Stanley Predicts Bull Market End

Morgan Stanley Predicts Bull Market End

It is Morgan Stanley (NYSE: MS) prediction that stocks may rally for one more time during summer 2018 prior to hitting an all-time high in the latter months. The company cited a number of positives which are fast degenerating into negatives. Inflati..

People File Taxes for the Last Time Under the Old Tax Code as the New Tax Code Already Sets a Positive Tone for the Economy

People File Taxes for the Last Time Under the Old Tax Code as the New Tax Code Already Sets a Positive Tone for the Economy

April 17, 2018, is the last day on which Americans will be filing their taxes under the old tax code. The old tax code was seen as somewhat of a broken code as it proved to be less than beneficial to workers and citizens alike. In addition, under th..

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Shares Rise on Better than Expected Q1 Earnings

Delta Air Lines Inc. (NYSE: DAL) reported better than expected first quarter financial results boosted by higher traffic, despite rising costs of the airline. Shares were trading 2.6 percent higher midday on Thursday.The airline reported a record re..

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. Stocks Climbed After Chinese Chairman Xi Eases Trade Fears

U.S. stocks rose on Tuesday after Chinses Chairman Xi Jinping eased concerns about the trade war which has caused panic in the market recently. Reportedly, The Dow Jones Industrial Average rose 369 points, or 1.5%, to 24348. The S&P 500 climbed ..

Crypto Traders Can Save on US Taxes

Crypto Traders Can Save on US Taxes

For American cryptocurrency traders, a tax trap awaits. They have not paid their taxes despite huge capital gains enjoyed in 2017. The first half of 2018 saw the cryptocurrency portfolios declining in value and they incurred huge trading losses. It ..