The House voted Thursday 218 to 206 to suspend the $10,000 federal limit on deducting state and local taxes for two years while permanently raising the top individual tax rate to 39.6%. The legislation, which would make tax-exempt municipal bonds more attractive for high income income retail customers, has no chance of becoming law. A
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Dr. Alex Cahana is head of healthcare and blockchain consulting at Genesis Block. At the end of 2018, while awakening from the Crypto Winter, a group of noted healthcare professionals led
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A FedEx employee loads up deliveries in San Francisco. Getty Images “Face plant” and “awful” aren’t descriptors CEOs want to hear after reporting quarterly profit numbers. But FedEx’s second-quarter results were so bad — the profit decline so steep — that such severe language is not only justified, but it wouldn’t be surprising to see
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The Dormitory Authority of the State of New York priced its $3.39 billion of bonds, most likely the last big sale of 2019. Although the deal got done and was repriced with lower yields, some buyers had a hard time justifying value in the marketplace with so few options to choose from in the primary.
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Supply chain fintech startup Tradeshift, which boasts two million firms on its platform, says it’s slashed the cost of cross-border transactions between buyers and suppliers using the public ethereum blockchain. Tradeshift Frontiers, the innovation division of the Goldman Sachs-backed unicorn, represents invoice values as tokenized IOUs between buyers and sellers and then settles them in
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A FedEx plane is parked at Ontario International Airport on February 4, 2019. Check out the companies making headlines after hours on Tuesday: FedEx — Shares of the shipping giant fell nearly 7% in extended trading on Tuesday after the company posted weaker-than-expected earnings. In the company’s second quarter, FedEx reported adjusted earnings per share
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“Using the U.N.’s IRIS standards as the benchmark for reputable agencies, we are confident that the tool can help to strike out these unethical practises,” said Mark Blick, Diginex’s head of government solutions. “In Hong Kong, foreign domestic workers are some of the most economically vulnerable people in our society and pay approximately HK$700,000,000 [approximately
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