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Census Bureau: US household income up 3.2%; poverty rate dips in Northeast

Census Bureau: US household income up 3.2%; poverty rate dips in Northeast

That puts income just 1.6 percent below what households earned before the recession started in late 2007, according to the Economic Policy Institute, a left-leaning think tank. The new official poverty rate in the country is 12.7 percent. "The poor is not their constituency". Men who work full time earned $51,640 a year ago, or about 0.4 percent less than in 2015, the Census said.


Steve Mnuchin signals higher taxes for hedge funds

Steve Mnuchin signals higher taxes for hedge funds

Trump has yet to sketch out a tax plan with specific changes to rates, income levels or the treatment of business earnings that double as personal income. Mnuchin said that policymakers will set rules to prevent wealthy people from using the lower pass-through rate as a tax loophole. "The president has made it very clear that for hedge funds, they will not have the benefit of carried interest", Mnuchin told a roomful of hedge fund executives meeting at a hotel in Manhattan.


PM calls Trump to try to save United Kingdom aviation jobs

PM calls Trump to try to save United Kingdom aviation jobs

Asked by a lawmaker in parliament whether the government would stand firmly behind Bombardier , Claire Perry, Minister for Climate Change and Industry, said: "It is vitally important that we have this dispute settled and we create the environment for many manufacturing companies in this vital sector to thrive and grow".


The Leonard Bell Sells 246 Shares of Alexion Pharmaceuticals, Inc. (ALXN) Stock

The Leonard Bell Sells 246 Shares of Alexion Pharmaceuticals, Inc. (ALXN) Stock

It has underperformed by 34.82% the S&P500. 05/23/2017 - Alexion Pharmaceuticals , Inc. had its "buy" rating reiterated by analysts at Stifel Nicolaus. The firm has "Overweight" rating given on Friday, August 25 by Barclays Capital. Cowen & Co maintained Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) earned "Outperform" rating by BMO Capital Markets on Friday, April 29.


Irma weakens but still wreaks havoc in Florida

Irma weakens but still wreaks havoc in Florida

Trees bend in the tropical storm wind along North Fort Lauderdale Beach Boulevard as Hurricane Irma hits the southern part of the state September 10 in Fort Lauderdale. Mayor Teresa Tomlinson urged drivers to stay off the roadways from 4 a.m. Monday until further notice , and to secure all garbage receptacles so that trash does not blow around, clog storm drains and cause flooding.


United Kingdom minister to give update on Fox-Sky deal on Tuesday

United Kingdom minister to give update on Fox-Sky deal on Tuesday

But Bradley said Tuesday that she now has additional concerns over the company's commitment to broadcasting standards. Ofcom's advice was sought after nearly 43,000 opinions were submitted to the Department for Digital, Culture, Media & Sport by interested companies and individuals, most of which were against the merger going ahead, though only around 30 were "substantive" and raised potentially new evidence or commenting on Ofcom's approach.