The wallets of America’s middle class and poorest aren’t seeing any extra money, the U.S. Census reported Wednesday, a financial stagnation experts say may be fueling political dissent this campaign season. The Census Bureau, in its annual look at poverty ...Read More »
Supreme Court to hear dispute over state tax collection
WASHINGTON — The U.S. Supreme Court on Tuesday agreed to consider a dispute over how a state may tax the income that its residents earn in another state. In a case that could affect how taxes are collected in every ...
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Top NY leader had $350K-$450K in law income
ALBANY — More extensive filings from New York state legislators than ever before have been publicly posted online and show powerful Assembly Speaker Sheldon Silver earned $350,000 to $450,000 last year from his private law practice. Silver, the longtime leader ...
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JPMorgan Chase’s income rises 13 percent in 2Q
NEW YORK CITY — JPMorgan Chase & Co.'s second-quarter income rose 13 percent as the bank collected higher fees from equity and debt underwriting in its investment banking business. The bank also cut losses in its credit card portfolio.
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US consumer spending, incomes both rise in March
WASHINGTON, D.C. — Americans earned and spent more in March, but much of the extra money went to pay for gas. Personal incomes rose 0.5 percent last month and consumer spending increased 0.6 percent, the Commerce Department reported Friday.
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Consumer spending rises 0.4 percent in July
WASHINGTON — Americans spent last month at the fastest pace in four months, helped by a jump in demand for automobiles. Consumer spending rose 0.4 percent in July after three lackluster months ...
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Constellation Brands Q1 profit surges
VICTOR — Constellation Brands Inc. said Thursday its first-quarter net income surged more than sevenfold with distribution improvements, even as its revenue slipped. The seller of Mondavi wine, Svedka vodka and ...
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Prepaid legal plans bolster attorneys’ practices
Much of attorney Robert Johnson’s practice involves defending insurance claims against supermarkets and trucking companies. But for the past five years, he also has worked for several prepaid legal plans ...Read More »