Story | Jul 22, 2014 | 10:59 AM
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Story | Jul 22, 2014 | 11:04 AMIf your roof starts leaking live a sieve, it's not only prudent to get a new roof but to install a short-term fix — buckets to catch the water, perhaps, or a tarp — before your house is ruined. So should it be with so-called tax inversions by U.S. corporations. The long-term answer may be tax reform, but right now the leaks have to be plugged.
Story | Jul 21, 2014 | 10:35 AM
American companies that merge with foreign competitors to lower their federal taxes also cut their state taxes, leaving states to mostly watch helplessly as their tax revenue drains away. A rash of companies has been buying up foreign competitors and...
Story | Jul 15, 2014 | 3:38 PM
WASHINGTON (Reuters) - A top U.S. securities regulator raised doubts on Tuesday on whether his agency will adopt rules requiring prime money market funds to float the value of their shares, saying deliberations are ongoing and that he opposes a key...
Story | Jul 15, 2014 | 4:04 PM
WASHINGTON (Reuters) - A Republican member of the U.S. Securities and Exchange Commission slammed the Federal Reserve and a council of financial regulators on Tuesday, accusing them of a power grab on everything from asset managers to high-speed trading....