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Taxes

Why So Many People (Mistakenly) Believe Social Security Adds To The Deficit

Earlier this week, in a dark basement theater deep in New York’s Soho neighborhood, I debated Social Security in an Oxford-style debate sponsored by the libertarian Reason magazine. I was there to argue the affirmative in the following prompt: “Resolved: Given Social Security’s nearly $3 trillion trust fund, the system cannot add to the federal deficit.”
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June 20, 2019 by eTaxNexus 0 Comments

Real Estate

Why China Has Hundreds Of Empty ‘Ghost’ Museums

The museum looked like a colossal golden jelly bean. The adjacent library was designed to look, literally, like a row of books on a shelf. Across the street was an opera house that appeared to have been modeled off of some kind of ancient Silk Road fortress. These magnificent buildings were all aligned along a
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June 20, 2019 by eTaxNexus 0 Comments

Business

Stocks making the biggest moves midday: Oracle, Slack, Carnival & more

Mark Hurd, CEO, Oracle Michael Short | Bloomberg | Getty Images Check out the companies making headlines midday Thursday: Exxon Mobil, Noble Energy, Devon Energy — Energy shares jumped with the price of oil as tensions between Iran and the U.S. intensified after a drone was shot down over Iranian airspace. President Donald Trump reacted
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June 20, 2019 by eTaxNexus 0 Comments

Earnings

Carnival cuts 2019 profit on Cuba travel ban, higher expenses

The Carnival Paradise cruise ship arrives in port June 30, 2017 in Havana, Cuba. Alexander Creutzmann | Mambo photo | Getty Images Carnival cut its profit forecast for the year on Thursday due to the Trump administration’s sudden ban on cruises to Cuba and higher expenses related itinerary changes for one of its ships. Shares
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June 20, 2019 by eTaxNexus 0 Comments

Finance

Chart analysts see more gains ahead for stocks after breakout to new all-time high

Traders work on the floor at the New York Stock Exchange, June 5, 2019. Brendan McDermid | Reuters The S&P 500 just set a new intraday record Thursday. For doubters thinking the rally is just a last gasp of the decade-long bull market, analysts who study charts to make buying and selling decisions believe there
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June 20, 2019 by eTaxNexus 0 Comments

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