Category: Business & Economy

There are a lot of news reports today about Trump’s decision to impose stiff tariffs on American companies (home builders) who buy Canadian lumber. But, it is more accurate to report that Trump has just slapped stiff 20% tariffs (lumber taxes) on the American people, not Canada.

While most mall owners have been worrying about how to fill up the inside of their stores after a litany of retail bankruptcies, they apparently overlooked another very ‘valuable’ asset: their empty parking lots.

The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.

The good news is that reducing double taxation is a goal of most major tax plans in Washington. But that doesn’t mean there’s an easy path for reform.

As the federal debt has gone from astounding to unbelievable to incomprehensible, a new problem has emerged: The US government is actually running out of places to borrow.