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1 Article
Source: Common Domain

This proposed tax break could make you more likely to donate to charity

Today 12:40 GMT

The number of donors who donate has declined in recent years and could fall further because millions of U.S. taxpayers who make donations are now losing a built-in incentive for charitable giving.

The tax-code overhaul that went into effect in 2018 may cut the proportion of people who itemize their tax returns, thereby getting the ability to claim the charitable deduction, from about 1 in 3 to as few as 1 in 20, experts predict.

1 Article
Source: Common Domain

The party’s far from over for the economy, as GDP will show

Today 15:24 GMT

If GDP generates the biggest headlines, the real story of where the economy is headed can be seen through the monthly tally on new orders for long-lasting products.

Later in the week the government is expected to report the economy grew 3% or more in the three-month period stretching from July to September. Another vigorous gain following a 4.2% burst of growth in the second quarter would position the economy for its best performance in 13 years.

1 Article
Source: Common Domain

Pet owners will spend nearly half a billion dollars on animal costumes this Halloween

Today 12:39 GMT

More than 30 million people will spend an estimated $480 million treating their pets to costumes this Halloween, more than double the $220 million spend on pet Halloween costumes in 2010 when the National Retail Federation began tracking pet costumes.

Don’t miss: Therapy dogs are the latest perk companies are using to soothe stressed-out workers. The National Retail Federation says Americans will spend $9 billion celebrating Halloween this year, slightly lower than $9.1 billion last year, on costumes, cards and decorations.

1 Article
Source: Common Domain

Amazon’s Jeff Bezos ranks No. 1 among S&P 500 CEOs in political spending

Friday 08:06 GMT

The Amazon.com Inc. AMZN, -0.95% chief executive‘s outlays in the current election cycle top the spending by any other boss of an S&P 500 company by more than a factor of 10.

Don’t miss: How America’s top CEOs are spending their own money in the midterm election cycle. Bezos, whose other business interests include the Washington Post and spaceflight startup Blue Origin, contributed a total of $10.2 million, according to MarketWatch’s analysis of itemized filings with the Federal Election Commission that cover donations between Jan. 1, 2017, and Aug. 31, 2018.

1 Article
Source: CBS News

Air Force defends spending more than $300,000 on cups

Saturday 20:54 GMT

The Air Force has responded to an inquiry by Sen. Chuck Grassley about the high price of cups purchased for the Travis Air Force Base, where cups have been purchased for $1,280 each this year.

Grassley sent a letter earlier this month to Air Force Secretary Heather Wilson, asking for the total combined cost of these cups, and asking why the price of cups had jumped from $693 in 2016 to $1,280 in 2018.

1 Article
Source: Common Domain

Spending Big Bucks to Make a New House Look Old

Friday 15:27 GMT

Retrofitting large architectural artifacts into a new house can add character, but takes plenty of time and money

Salvaged from old buildings or junkyards, these items ensure a home’s uniqueness, proponents say, and can boost resale value if done well. But incorporating large artifacts into a 21st century home demands willing and skilled craftsmen, lots of patience—and plenty of money.

1 Article
Source: BBC

Food sales drop as barbecue summer ends

Friday 08:05 GMT

Food sales saw their steepest drop in three years in September as consumers tightened their belts after the unusually hot summer, the Office for National Statistics (ONS) has said.

Ian Gilmartin, from Barclays Corporate Banking, said: "Although the dip in food sales from August is eye-catching, it was expected given the exceptional performance achieved over the summer and shouldn't cause undue concern. "Any growth is significant given the plethora of challenges facing retailers - they are being hit from all sides, with business rates, the continued weakness of sterling and persisting uncertainty around Brexit combining to thwart investment and push up costs."

1 Article
Source: Fox News

Kennedy: Does Trump's 'Nickel Plan' go far enough?

Friday 04:15 GMT

Those beasts have to be tamed, but it will take brave, logical, and rare souls - who are routinely blocked from making meaningful moves - to pare down the sickening grab bag that's loaded with goodies that make politicians popular and countries very sick.

The President has good intentions with his new "nickel plan" that is challenging every federal agency to make a 5% budget cut, as spending cuts are a fantastic and necessary goal.

1 Article
Source: Fox News

Louis Farrakhan won't be suspended by Twitter despite anti-Semitic tweet

Thursday 22:45 GMT

Louis Farrakhan, the Nation of Islam leader who in a recent tweet said he was not prejudiced against Jewish people but was simply “anti-Termite,” will be allowed to continue to use the social media platform. Farrakhan took to the site on Tuesday by posting a video of himself speaking at an event in Detroit, during which he addressed “the members of the Jewish community that don’t like me.”

A Twitter spokesperson told BuzzFeed News that Farrakhan’s account on the platform would not be suspended because his message was not adverse to any policies currently in effect.

1 Article
Source: Fox News

The US deficit has skyrocketed to $779B. Why?

Friday 20:57 GMT

This week, the U.S. Treasury Department released the nation’s monthly bank statement, revealing a deficit of $779 billion – a six-year high and a nearly 17 percent increase year-over-year from $666 billion in 2017.

In order to address the ballooning deficit and national debt, which has skyrocketed to more than $21.6 trillion (interest alone on that exceeds $523 billion), Trump announced an initiative to cut spending by 5 percent across his Cabinet’s departments.

1 Article
Source: CBS News

Dog rescued after spending week floating on couch in flooded home after Hurricane Florence

Friday 23:42 GMT

A small Maltese name Soshe did not make it out of Burgaw, North Carolina, before Hurricane Florence made landfall Sept. 14.

"Once we got it open a little bit, Jessica saw the dog sitting on top of the couch that was sitting in the living room," Gard said.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte