34 things you need to know about the incoming tax law
It’s official. Congress has ushered through the first major tax overhaul since Ronald Reagan was president. The measure, which now awaits President Trump’s signature, is about to shake up life for millions of Americans. It will redistribute the country’s wealth. It could sway decisions about whether to buy a home, or where to send kids […]
Tax bill opens Alaska to oil production worth billions of dollars
An important provision of the tax cut legislation passed by Congress this week allows the American people to finally benefit from abundant petroleum resources that experts predict will be found in a very small area of the Arctic National Wildlife Refuge (ANWR) on Alaska’s northern coast. The legislation directs the Interior Department to hold at […]
Apple just patented a navigation system for self-driving cars
A patent application published on Thursday revealed details on Apple’s autonomous vehicle research, which CEO Tim Cook has called the “mother of all AI projects.” The lengthy patent application titled simply “Autonomous Navigation System,” was published by the U.S. Patent and Trademark Office on Thursday and has apparently been in the works since at least […]
Tax bill ‘winners’ could help drive the stock market’s traditional year-end Santa rally
Oh, by gosh, by golly, it’s time for the Santa rally. According to “Stock Trader’s Almanac,” the Santa rally officially begins Friday, the start of the final five trading days of 2017, and ends at the close Jan. 3, the end of the second trading day of the new year. Some strategists are saying humbug […]
Qualcomm gets a permit to test self-driving cars in California
Qualcomm has obtained a permit to test autonomous vehicles on public roads in California, the latest step in the chipmaker’s effort to gain a foothold in the self-driving car market. California’s Department of Motor Vehicles issued the permit, which authorizes testing for one vehicle and three drivers, on Dec. 12, a spokesperson from the agency […]