ABC News

Trump Team Says No Guarantee That Middle Class Taxes Won’t Rise

President Donald Trump’s top economic adviser, Gary Cohn, said today that he can’t guarantee that taxes won’t go up for some middle-class families under the administration’s sweeping tax overhaul. “There’s an exception to every rule,” Cohn told ABC News chief anchor George Stephanopoulos in an interview on “Good Morning America.” “I can’t guarantee anything,” said […]

Washington Post

Wells Fargo Created 1.4 Million More Fake Accounts Than Previously Reported

Wells Fargo on Thursday said it had potentially opened an additional 1.4 million sham accounts customers didn’t want, 67 percent more than it initially estimated, escalating an already contentious battle over the future of the mega bank. The bank revised the total, now up to 3.5 million, after discovering that employees may have been opening […]

Carlos Barria, Reuters

Trump Has At Least $315 Million In Liabilities… Not Worth $10B He Claimed

WASHINGTON President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics. He had roughly $20 million in income from his new marquee Washington hotel, which opened just […]

Spencer Platt | Getty Images

Automation Pushing America To Universal Basic Income For It’s Citizens

Is a guaranteed paycheck from the government, with no strings attached, the answer to the relentless rise of automation? The concept might sound far-fetched, but a so-called universal basic income (UBI), is currently one of the most hotly debated policy topics being floated as a means to address income inequality and the disruption that technology […]