PERSONAL FINANCE

Why Not Buy Chimera Investment’s 7.7% Yielding Preferred Stock? – Chimera Investment Corporation (NYSE:CIM)

While I don’t think that Chimera Investment Corp.‘s (CIM) common shares are such a good deal for investors right now, the mortgage REIT’s relatively new Series B preferred stock looks like a good deal. An investment in the preferred stock layer comes with certain advantages and disadvantages that are worth discussing and Chimera Investment’s latest preferred stock issue has some ...

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Probation For Brokerage Rep In Pension Fund Bribery Scheme

By William Gorta Law360, New York (September 29, 2017, 3:36 PM EDT) — A former brokerage rep who bribed a New York state pension official to throw business her way escaped a prison term Friday after begging a New York federal judge for mercy, saying her “unforgivable and disastrous behavior” will haunt her forever. Deborah Kelley, who in May pled ...

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Making the right amount of net income

Last year we wanted to get annual net income down so we could avoid some taxes. Did it with leases; might have overdone it. Now we’re wishing we had more cash and net income to work with this year. How do we find the right approach to tax planning vs. running the business? THOUGHTS OF THE DAY: Don’t leave tax ...

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Senate resumes debate on pension bill | News

The Senate this morning resumed the debate on the Government’s pension bill. Under the proposed scheme, public sector workers will be required to contribute to their pensions among other things. Currently, pension payments for civil servant are paid from the Consolidated Fund. As a part of the reform, pension contributions from public sector workers will be channelled into a special ...

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Republican Tax Cut Would Benefit Wealthy and Corporations Most, Report Finds

The plan would provide enormous benefits to corporate America, with a $2.6 billion cut in business taxes. Individual income tax revenue would actually increase by $470 billion, largely as a result of changes in personal deductions and exemptions as well as an increase in the bottom tax rate to 12 percent from 10 percent. “Tax collections would shift dramatically from ...

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Wage calculators could tell you if you’re being paid what you’re worth

If you’ve ever questioned whether your salary matches your skill-set, now’s the time to find out. Career-advice website Dice created a calculator that allows you to gauge your pay against your experience and position, and compare it to the wages of your peers across the country with the same job title. The calculator uses location, position and skill-set to estimate ...

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Education Department wants support managing its IT investments

The Department of Education’s Office of the CIO plans next month to contract for support managing its IT investments. The agency listed a presolicitation on FedBizOpps recently, noting that it would release a request for proposals in early October seeking assistance in managing its IT investment management programs, including its capital planning and investment control, IT portfolio management, budget formulation and enterprise architecture programs. ...

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PLSA proposals welcomed but superfunds still ‘a step too far’ – Pensions Expert (registration)

PLSA proposals welcomed but superfunds still ‘a step too far’Pensions Expert (registration)The Pensions and Lifetime Savings Association’s DB Taskforce has published its final report, providing further details on the creation of superfunds, while highlighting how benefit simplification and a new chair’s statement for defined benefit scheme … and more »

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The 4 Top Business Investments Right Now

Our world has become the global village. Ideas are being produced rapidly around the world, and most of them have the potential to change life as we know it for future generations. Already, we’ve witnessed amazing ideas and technologies that have sahped the way we think, interact and build businesses. You can focus solely on growing your own empire, or you can plan ...

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Life Time Fitness exec, 8 others accused of insider trading – Minneapolis Star Tribune

Minneapolis Star Tribune Life Time Fitness exec, 8 others accused of insider tradingMinneapolis Star TribuneLife Time Fitness exec, 8 others accused of insider trading. Associated Press. September 29, 2017 — 12:37pm. itemprop. David Joles, Star Tribune A vice president at Life Time Fitness and eight others were indicted on charges of insider trading. Text size. and more »

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