Senate to Avoid Offshore Tax That Ran Aground in House

Senate to Avoid Offshore Tax That Ran Aground in House

The Senate tax bill that's due to be released Thursday won't include an excise tax on certain payments U.S. multinationals make to overseas affiliates,
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US long-term mortgage rates decline to 3.9 percent

Long-term U.S. mortgage rates slipped this week, a sign that borrowing costs are largely stable even as the Federal Reserve has raised its benchmark
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ICBA: GSE reform will be a heavy lift

… government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, which could lead to a resolution of the GSEs' nine-year conservatorship.
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UK housing market is grinding to a halt, report surveyors

However, while London, the South East, East Anglia and north-east England see house prices coming down, Scotland, Wales, north-west England
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City county used Sh8.4bn before banking it, Auditor General says

A taxi clamped by city inspectorate department officers on Kimathi Street, Nairobi. There is a shortfall in the payment by owners of such vehicles as
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Developers denied height near Grand Canyon but not deterred

… did a lot of outreach, especially in the last couple of weeks, is they still support new opportunities, particularly housing in town,” he said Wednesday.
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Encore Wire Corporation Declares Quarterly Dividend of $0.02 (WIRE)

Encore Wire Corporation (NASDAQ:WIRE) announced a quarterly dividend on Thursday, November 9th, Wall Street Journal reports. … wiring in commercial and industrial buildings, homes, apartments, and manufactured housing.
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Russia Says It Will Retaliate Against US Media Next Week

Russia said it will retaliate next week against American media after the U.S. government ordered state broadcaster RT to register as a foreign agent,
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Everything You Need to Know About the Senate GOP Tax Proposal

Senate Republicans released their vision for a tax-cut plan Thursday that would cut the corporate tax rate to 20 percent, with a one-year delay to 2019,
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Senate, unlike House, would keep mortgage deduction intact

NEW YORK (CNNMoney) — Senate Republicans have a message for their House counterparts: leave the mortgage interest deduction alone.
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Starbucks' Howard Schultz to Trump: Corporate America Doesn't Need a Big Tax Cut

Investors have been salivating over the thought of President Donald Trump's corporate tax cuts, but Starbucks chairman and former CEO Howard
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Saudi Crown Prince Discards Royal Balancing Act for One-Man Rule

… scary to a lot of people, I don't think Saudi Arabia has any option,” the billionaire investor said in an interview on Bloomberg Television on Tuesday.
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May Promotes Brexit Backer Mordaunt to Replace Patel in Cabinet

U.K. Prime Minister Theresa May promoted Brexit supporter Penny Mordaunt to her cabinet on Thursday as she sought to move on from the crises that
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The Bancorp to Offer Small-Business Lending to Self-Storage

Financial-services firm The Bancorp Inc. has hired two new vice presidents to help expand its small-business lending to the funeral-home, self-storage
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Senate Tax Bill Delays Corporate Tax Cut Trump Called Essential

The bill set for introduction in the Senate Finance Committee restores … Those include the deduction for mortgage interest debt, which the House had
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Billionaire Tom Steyer Is Doubling His Budget on These Ads to Impeach Trump

Billionaire Tom Steyer said Thursday that he is spending an additional $10 million on his impeachment campaign against President Donald Trump.
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Starbucks Just Added 2 More New Holiday Drinks to Its Menu

The coffee giant on Thursday announced that it added two new holiday beverages to its menu: a Toasted White Chocolate Mocha and a Chestnut
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Senate tax bill breaks with House over mortgage interest deduction

WASHINGTON — The Senate tax proposal released Thursday would cap the mortgage interest deduction for properties worth $1 million, a reversal
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ICBA Statement on Noreika Speech about Banking and Commerce

“ICBA and the nation's community banks continue to strongly support the longstanding U.S. policy maintaining the separation of banking and
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JD Power: Customer Satisfaction on Originations is Slipping

eOriginal Inc. and Quicken Loans have partnered to complete the final steps of the online Consumer satisfaction with primary mortgage originators is
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