Oct 29 Not all candy is candy, at least for tax purposes By Hayes Holderness, The Conversation What's the difference between Hershey’s milk chocolate bars and Hershey’s Cookies ‘n’ Creme bars? In Illinois tax law, one of them is considered a candy and the other is not. Continue reading
Oct 28 Treasury Secretary vows more economic sanctions on Iran By Ilan Ben Zion, Associated Press Secretary Mnuchin met Monday in Jerusalem with Israeli Prime Minister Benjamin Netanyahu, who called on Washington to impose additional sanctions to halt what he called Iran's "plunge for everything" in the region. Continue reading
Oct 26 Watch Spoon survives and thrives in the new music economy By Christopher Booker, Mori Rothman Few bands have navigated the profound digital disruption of the music industry quite as well as Spoon. After being dropped by a major label in the late 1990s, the group began recording for an independent label, which led to 20… Continue watching
Oct 25 U.S. budget deficit hits $984 billion, highest in 7 years By Martin Crutsinger, Associated Press The surge reflected such factors as revenue lost from the 2017 Trump tax cut and a budget deal that added billions in spending for military and domestic programs. Continue reading
Oct 25 Facebook launches a news section and plans to pay publishers By Barbara Ortutay, Tali Arbel, Associated Press The "News Tab," a new section in the Facebook mobile app will display headlines — and nothing else — from the national and local news organizations. Continue reading
Oct 25 Inadequate training contributed to Boeing crash in Indonesia, report finds By Niniek Karmini, Margie Mason, Associated Press A summary of the final accident report said Lion Air flight 610 went down partly because the pilots were never told how to quickly respond to malfunctions of the Boeing 737 Max 8 jet's automated flight-control system. Continue reading
Oct 24 Watch 8:36 How big data became a silent colleague for artists and designers By Catherine Rampell Artificial intelligence and big data are transforming the global economy. Less well understood, however, are the changes they are driving in creative industries specifically. Special correspondent and Washington Post columnist Catherine Rampell reports on the fundamental questions sophisticated data intelligence… Continue watching
Oct 24 New home sales fell 0.7% in September By Martin Crutsinger, Associated Press The housing industry is combating a variety of factors that are holding back growth ranging from a shortage of construction workers to a lack of available land for new homes. Continue reading
Oct 23 U.S. air quality is getting worse. Here are the costs By Nicholas J. Sanders, Econofact For the first time in decades, the air quality in the United States got worse over the last year. Research provides insights into the economic and human cost of that decline. Continue reading
Oct 23 WATCH: Trump promotes support for natural gas industry in Pennsylvania speech By Marc Levy, Darlene Superville, Associated Press As some of his leading Democratic opponents call for a fracking ban, Trump has been eager to cut a contrast, touting his support for a sector he says brings economic benefits to rural pockets and jobs to construction union workers. Continue reading