Senate passes flood insurance extension hours before deadline

The Senate passed a four-month extension to the National Flood Insurance Program Tuesday, less than a day before the program was set to expire. The bill, which had originated in the House, will now go to President Trump, who has until midnight to sign it to avoid a lapse in the program.

Fed on rates, Trump speech, tech earnings all loom

With Wall Street at record highs, investors will eye a Federal Reserve meeting, US President Donald Trump's first State of the Union address and the latest corporate results including from Facebook, Microsoft, Amazon, Alphabet and Apple. The Federal Open Market Committee will conclude its two-day meeting on Wednesday, the last one with Janet Yellen as the central bank's chair before Jerome Powell takes over.

Minnesota’s cabin getaway lifestyle could come under pressure from tax reform

The portion of the House Republican tax proposal that curtails homebuying incentives appears likely to hit Minnesota harder than most states. That's because the vast majority of cabins in central and northern Minnesota are second homes, which would no longer be eligible for a deduction on mortgage interest under the House GOP tax plan that was unveiled Nov. 2. Senate Republicans last week unveiled a different tax reform plan that makes no change to mortgage interest deductions.

LCNB Corporation (LCNB) versus Sterling Bancorp (PBNY) Financial Survey

LCNB Corporation and Sterling Bancorp are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership. 37.9% of LCNB Corporation shares are owned by institutional investors.

Plan to charge developers ‘linkage fee’ to spur affordable housing clears city committee

Los Angeles Mayor Eric Garcetti's proposal to charge developers fees to help pay for affordable housing got a boost Tuesday with the unanimous endorsement of the City Council's Planning and Land Use Management Committee. The "linkage fee" would bring in an estimated at $75 million to $92 million per year, enough to help pay for the construction of 1,500 new units annually for residents with lower incomes, according to the city planning department.

Here’s How Trump Transferred Wealth to His Son While Avoiding the Usual Taxes

In April 2016, as Donald Trump was on the cusp of clinching the Republican nomination for the White House, he sold two luxury condos near Manhattan's Central Park for less than half the price his company had said they were worth. The lucky buyer: Trump's son, Eric.

AZ Memo: Gorsuch takes his seat; Valley home sales keep climbing;…

AZ Memo: Gorsuch takes his seat; Valley home sales keep climbing; Woman gives birth following I-17 collision Good morning, Arizona, and happy Monday! Here's what you need to know. Check out this story on azcentral.com: http://azc.cc/2plOjEK Supreme Court Justice nominee Neil Gorsuch smiles as he testifies on Capitol Hill in Washington on March 21, 2017, during his confirmation hearing before the Senate Judiciary Committee.

China Stocks Continue Year-End Slide as Property Firms Decline

China stocks continued their fall as the last week of the year kicks off, dragged lower by the property sector amid government efforts to rein in home prices. The Shanghai Composite Index dropped 0.8 percent to 3,085.31 as of 1:03 p.m. local time, heading for its lowest close since October 20. Shanghai Lujiazui Finance & Trade Zone Development Co.