The process of tariff exemptions

How does the Commerce Department decide which companies are exempt from tariffs and which ones aren’t?  We obtained some documents that offer a glimpse behind the curtain. And speaking of tariffs, amidst trade tensions, China is hoping to rebrand itself as a top...

Why Big Companies Are Buying Up Their Own Stocks

Analysts at Goldman Sachs say S&P 500 companies are on a shopping spree, buying up shares of their own stocks. In a letter to clients this month, Goldman projected that by the end of the year, those stock buybacks will total $1 trillion, an all-time high,...

What’s Another $1 Trillion?

We get down to the differences between the Senate and House versions of the tax bill, and debt created is one of in those differences. Also included is the number of tax brackets, the alternative minimum tax and the amount of the child tax credit. Plus, Marketplace’s...

Report finds wealth gap continues into retirement

We hear a lot about the income gap between top executives and workers, and it turns out that gap continues after retirement, too. The Institute for Policy Studies reports the 100 CEOs with the biggest retirement plans each have anywhere from $25 million to nearly $1...

New report examines country’s racial wealth divide

A new report released on Monday looks at the country’s racial wealth gap, finding that if current public policies stay the same, it will take more than two centuries for black families to accumulate the same amount of wealth that white families have today. For...

How much will Microsoft pay its next CEO?

“Bailed out, Booted and Busted,” the report issue today by the Institute for Policy Studies, says nearly 40 percent of the highest paid CEOs either led firms that received bail-out money, lost their jobs, or had to pay fraud- related fines after the...