Trump says ‘devalued’ currencies put US at a disadvantage and the Fed doesn’t have a ‘clue’

President Donald Trump, left, and Jerome Powell, the new chairman of the Federal Reserve on Thursday, Nov. 2, 2017. President Donald Trump said Tuesday that the U.S. dollar is at a disadvantage compared with other major currencies like the euro as central banks keep interest rates low while the Federal Reserve’s rates are higher by comparison. “The Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage,” Trump tweeted, adding the Fed doesn’t have “a clu


President Donald Trump, left, and Jerome Powell, the new chairman of the Federal Reserve on Thursday, Nov. 2, 2017. President Donald Trump said Tuesday that the U.S. dollar is at a disadvantage compared with other major currencies like the euro as central banks keep interest rates low while the Federal Reserve’s rates are higher by comparison. “The Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage,” Trump tweeted, adding the Fed doesn’t have “a clu
Trump says ‘devalued’ currencies put US at a disadvantage and the Fed doesn’t have a ‘clue’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: fred imbert
Keywords: news, cnbc, companies, trump, federal, rates, donald, clue, low, disadvantage, euro, dollar, doesnt, currencies, devalued, fed


Trump says 'devalued' currencies put US at a disadvantage and the Fed doesn't have a 'clue'

President Donald Trump, left, and Jerome Powell, the new chairman of the Federal Reserve on Thursday, Nov. 2, 2017.

President Donald Trump said Tuesday that the U.S. dollar is at a disadvantage compared with other major currencies like the euro as central banks keep interest rates low while the Federal Reserve’s rates are higher by comparison.

“The Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage,” Trump tweeted, adding the Fed doesn’t have “a clue.”

Trump also said in a separate tweet that the U.S. has low inflation, calling it “a beautiful thing.”

The dollar fell slightly against the euro following Trump’s tweets.

Trump has repeatedly gone after the Fed for what he considers tight monetary policy. The Fed hiked rates four times in 2018.


Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: fred imbert
Keywords: news, cnbc, companies, trump, federal, rates, donald, clue, low, disadvantage, euro, dollar, doesnt, currencies, devalued, fed


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New divorce tax rules could result in a big financial disadvantage

This change upends alimony procedures that have been in place for more than 70 years. Divorce professionals are feeling the heat as couples scramble to get written agreements in under the wire. Once the page of the calendar turns to 2019, it will be a new playing field for couples who are divorcing. And financial professionals are already concerned that deals made under the new tax law will put the person who receives alimony at a disadvantage. That means women, who are already more financially


This change upends alimony procedures that have been in place for more than 70 years. Divorce professionals are feeling the heat as couples scramble to get written agreements in under the wire. Once the page of the calendar turns to 2019, it will be a new playing field for couples who are divorcing. And financial professionals are already concerned that deals made under the new tax law will put the person who receives alimony at a disadvantage. That means women, who are already more financially
New divorce tax rules could result in a big financial disadvantage Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: lorie konish, source
Keywords: news, cnbc, companies, alimony, disadvantage, women, divorce, written, professionals, work, financial, big, wireyouve, couples, vulnerable, tax, yearsdivorce, walzer, rules, result


New divorce tax rules could result in a big financial disadvantage

This change upends alimony procedures that have been in place for more than 70 years. And it is projected to raise $6.9 billion for the IRS in the next 10 years.

Divorce professionals are feeling the heat as couples scramble to get written agreements in under the wire.

“You’ve got to have a signed agreement before the end of the year if you want your permanent support to be tax-deductible and -includable,” said Peter M. Walzer, president of the American Academy of Matrimonial Lawyers.

Once the page of the calendar turns to 2019, it will be a new playing field for couples who are divorcing.

And financial professionals are already concerned that deals made under the new tax law will put the person who receives alimony at a disadvantage. That means women, who are already more financially vulnerable in a divorce, might have less money to work with post-split.


Company: cnbc, Activity: cnbc, Date: 2018-11-29  Authors: lorie konish, source
Keywords: news, cnbc, companies, alimony, disadvantage, women, divorce, written, professionals, work, financial, big, wireyouve, couples, vulnerable, tax, yearsdivorce, walzer, rules, result


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Google CEO: ‘The bigger you are, the more you may be at a disadvantage’

Google’s CEO is well aware that being one of the world’s biggest companies makes it a take-down target. The Guardian asked Pichai how it feels to be in charge of Google. Go back 10 years and look at the largest market cap companies: the bigger you are, the more you may be at a disadvantage,” he told The Guardian. “As a big company, you are constantly trying to foolproof yourself against being big, because you see the advantage of being small, nimble and entrepreneurial. Google has changed quite


Google’s CEO is well aware that being one of the world’s biggest companies makes it a take-down target. The Guardian asked Pichai how it feels to be in charge of Google. Go back 10 years and look at the largest market cap companies: the bigger you are, the more you may be at a disadvantage,” he told The Guardian. “As a big company, you are constantly trying to foolproof yourself against being big, because you see the advantage of being small, nimble and entrepreneurial. Google has changed quite
Google CEO: ‘The bigger you are, the more you may be at a disadvantage’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-10-09  Authors: anita balakrishnan
Keywords: news, games, cnbc, companies, google, profile, pichai, company, companies, disadvantage, bigger, market, guardian, big, ceo, small, googles


Google CEO: 'The bigger you are, the more you may be at a disadvantage'

Google’s CEO is well aware that being one of the world’s biggest companies makes it a take-down target.

“You always think there is someone in the Valley, working on something in a garage – something that will be better,” Sundar Pichai said in a rare interview published by The Guardian over the weekend.

The Guardian asked Pichai how it feels to be in charge of Google.

“History shows that the opposite of what people were worrying about is typically true. Go back 10 years and look at the largest market cap companies: the bigger you are, the more you may be at a disadvantage,” he told The Guardian. “As a big company, you are constantly trying to foolproof yourself against being big, because you see the advantage of being small, nimble and entrepreneurial. Pretty much every great thing gets started by a small team.”

Google has changed quite a bit since the two-man operation of Larry Page and Sergey Brin in the Stanford dorms. Investors have pushed the prices of tech stocks ever higher, boosting the market value of Facebook and Google above giants like Exxon Mobil and JPMorgan Chase over the past 10 years. Google’s dominance in search advertising has not come without its scrutiny, especially in Europe, where regulators penalized the company with a record fine.

Despite Google’s high profile, Pichai has stayed out of the spotlight in the two years he has led Google, at least relative to some of the other powerful personalities in the technology sector. The Guardian’s profile reveals some interesting tidbits about Pichai’s outlook, including that:

He still buys print newspapers.

His proposal of the Chrome browser was not well-received at the time.

He thinks he was a very different kind of leader at Android than founder Andy Rubin.

For more on Pichai, see the full profile in The Guardian.


Company: cnbc, Activity: cnbc, Date: 2017-10-09  Authors: anita balakrishnan
Keywords: news, games, cnbc, companies, google, profile, pichai, company, companies, disadvantage, bigger, market, guardian, big, ceo, small, googles


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