Trump tax plan would be shift from income tax to consumption tax, says CAP’s Casey Mulligan

Trump tax plan would be shift from income tax to consumption tax, says CAP’s Casey Mulligan

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Casey Mulligan, University of Chicago professor of economics, and Brendan Duke, CAP Action Fund senior director of economic policy, join CNBC’s ‘Power Lunch’ to discuss reactions to Donald Trump’s proposed tax plan, how much tariffs could add to tax revenue, and more. … Read more

Japan says Russian patrol aircraft violated its airspace

Japan says Russian patrol aircraft violated its airspace

A Russian military patrol aircraft violated Japanese airspace near Hokkaido’s Rebun Island on three separate occasions on Monday, prompting Japan’s Self-Defense Force to dispatch aircraft in an emergency response and to fire flares. RUSSIAN AIRCRAFT DETECTED, MONITORED FLYING THROUGH AIR ZONE CLOSE TO U.S.: NORAD It is the first time Japan’s SDF aircraft has fired … Read more

rates slide on weak confidence

rates slide on weak confidence

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch CNBC’s Rick Santelli joins ‘Power Lunch’ to discuss how the consumer confidence news is playing out in the bond market. 02:11 5 minutes ago Source link

US accuses Visa of debit card monopoly

US accuses Visa of debit card monopoly

The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly over the debit card market. It said Visa had punished companies that wanted to use alternative payment networks and paid off potential competitors to keep its hold over the market. The Department of Justice said … Read more

Opinion: Are social media and smartphones rewiring kids’ brains?

Opinion: Are social media and smartphones rewiring kids’ brains?

America’s young people face a mental health crisis, and adults constantly debate how much to blame phones and social media. A new round of conversation has been spurred by Jonathan Haidt’s book “The Anxious Generation,” which contends that rising mental health issues in children and adolescents are the result of social media replacing key experiences … Read more