In American slang, the word “cheddar” has long been a stand-in for money. Now, it would appear some folks in the U.K. are taking this association far more literally.
According to the Financial Times, the British food company Dairy Crest has a roughly $128 million deficit in its pension fund as of the end of September, and to help plug …
Updated at 11:12 p.m.
In the years following the financial crisis, America has been obsessed with debt. Hurting from the crisis, consumers and businesses have been busy paying off debt, while the federal government has ramped up its borrowing through a combination of stimulus spending and lower tax revenue. And of course all this new …
Since 2011, the gold market has shown signs of weakness, culminating in a multiday crash that began on Thursday and continued into Monday
When President Obama unveiled his budget last Wednesday, it rekindled a debate over taxation of the private equity industry. Many executives in the private equity business (as well as the venture capital and hedge fund …
Ask the expert: when is it good for a company to issue debt?
In Silicon Valley, the employee perks are the stuff of legend. Parents-to-be at Facebook are given a bonus to help with expenses and extensive maternity and paternity leave. Software company Evernote will pay to have their …
Roughly one year ago, many of us were encouraged by a string of positive jobs reports which showed the economy was adding on average 275,000 jobs per month. And then came the spring swoon, ushering in a long stretch in which the …
Economic recoveries usually begin at home. Even though the housing construction has historically only accounted for roughly 5% of America’s economic activity, that number tends to rise following recessions, placing a …
It’s no secret that big corporations are adept at paying as little in taxes as possible, and that one of the most commonly used strategies for tax avoidance is keeping profits earned at foreign subsidiaries abroad in order to escape the U.S.’s relatively high corporate tax rate on those earnings. But according to a recent article in the …
Last Monday, Dollar General, the U.S.’s largest dollar-store chain, posted better-than-expected profits, helping boost the company’s stock, which is up 15% year to date. And earlier this year, it announced plans to open its …
Although you wouldn’t know it by the weather, April is fast approaching. And that means in the coming weeks, millions of Americans will be breaking out their W-2s and their favorite tax software to figure out exactly how much …
Ask the Expert: Since large numbers of baby boomers are now retiring, wouldn’t this have a complete offsetting effect for the next 15 years or so?
