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Billionaires who hate Alexandria Ocasio-Cortez’s 70% tax on the superrich are adamant it will hurt the economy — but history suggests othe...
Alexandria Ocasio-Cortez's 70% tax on the ultrarich faced quick backlash. But a compelling case can be made that it's an optimal rate for the economy.
Robert Kraft saved the New England Patriots with a gutsy $175 million investment and it has paid off big time
Robert Kraft purchased the Patriots for $175 million.
Investors just poured a record amount into bonds as ‘extreme bearishness’ sends them fleeing from stocks
Investors poured a record amount of money into bonds over the past week, and that came at the expense of stocks, according to Bank of America.
Prosecutors for a second day have raided Deutsche Bank's offices, reportedly including those of all board members. The shares fell to a record low.
Wage growth is picking up, and the jobs report showed a new postrecession milestone for Americans' paychecks.
According to the GDP report, business investment showed signs of stalling even after the biggest corporate tax overhaul in 30 years.
Stocks tumbled — here's how the carnage compares to the worst days for the Dow in history.
The low unemployment rate shown in Friday's jobs report added to evidence of a booming economy, now in a record eighth straight year of monthly job gains. It also showed the labor market continuing to tighten, perhaps eventually pressuring companies to pay workers more.
Global bond yields just spiked to multiyear highs — and it’s fueling everyone’s biggest fear about markets
US 10-year Treasurys surged Thursday to their highest level since mid-2011. Strong economic data fueled expectations that the Federal Reserve would hike rates quicker than expected. That's negative for risk assets because tighter liquidity is one of the market's biggest fears.
Companies are sticking to a practice that Warren Buffett and other business titans warn is damaging the economy
Berkshire Hathaway CEO Warren Buffett has long decried Wall Street's short-term thinking. A new report from S&P Global Market Intelligence found that one such practice prevailed last year at a rate not seen since 2008.