Jeff Cox
Recent Stories By Jeff Cox:
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Mnuchin: 'We can't have the federal government continue to subsidize the states'October 12, 2017
Treasury Secretary Steven Mnuchin said Thursday the removal of the tax deduction for state and local taxes remains an important part of the administration's reform plan."We can't have the federal...
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Tax Cuts Could Prompt the Fed to Raise Interest Rates FasterOctober 2, 2017
In addition to driving up the national budget deficit, the Republican-sponsored tax reform plan also likely will push up growth and cause the Fed to hike interest rates faster than it had planned,...
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Here’s What Happened When Companies Were Given a Tax Break on Overseas ProfitsAugust 31, 2017
Part of the tax plan President Donald Trump unveiled this week includes giving companies breaks on profits earned overseas, an idea that has provided little economic benefit in previous attempts. The...
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Is Wage Growth Finally Coming for American Workers?August 5, 2017
Wage growth has been the missing link throughout a period that has produced more than 18.5 million new jobs, including 209,000 in July. But Amy Glaser, who helps run Adecco Staffing, believes the...
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The Serious Problem Lurking in the Jobs ReportJuly 7, 2017
Wall Street exhaled heavily Friday on news that job creation in both the public and private sectors accelerated and defied some of the recent speculation that the economy had reached full employment...
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How the Amazon-Whole Foods Deal Could Squeeze the US EconomyJune 19, 2017
Amazon CEO Jeff Bezos has changed the way the retail world operates. He may be about to exert a similar level of pressure on the economy and expectations for future price trends at the supermarket....
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Why a Soaring Stock Market Makes Tax Reform HarderJune 9, 2017
For the principal part of President Donald Trump's agenda to get passed, it may take something as dramatic as a sharp stock market pullback, according to one Wall Street analyst. As the political...
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Will Trump Be Impeached? Online Bets Assess the OddsMay 17, 2017
Odds are that President Donald Trump will survive a growing brew of controversies, but bettors see his chances declining by the minute. Online wagering sites have been busy taking bets on whether the...
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Are the Banks Flashing a Warning Sign for the Economy?May 15, 2017
Despite high levels of economic confidence expressed by business owners and consumers, one key indicator shows that it has not translated into much action yet. Loan issuance declined in the first...
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Why Wall Street Doesn't Care About Chaos in the Trump AdministrationMay 9, 2017
President Donald Trump tweets something flattering about a foreign dictator, the market shrugs. He bombs Syria, the market shrugs. Major legislation gets blown up in Congress, the market shrugs. No...
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The US Economy Is Humming Along, but a Big Jump in Growth Is UnlikelyMarch 8, 2017
Those looking for a rapid uptick in the U.S. economy probably will have to tone down their expectations, at least for now. In the near term, growth projections, at least by the top-line measurement...
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The Fed May Finally Give Wall Street What It's Been Waiting ForMarch 6, 2017
The market has spent seven years tethered to the Federal Reserve's every utterance, but now it appears ready to move on. This may well have been the moment everyone on Wall Street has been waiting...