A bipartisan coalition won a 69-to-27 vote to require online retailers to collect sales taxes for state and local governments. But antitax forces hope the House will kill the measure.
Continue reading Senate Passes Bill to Widen Tax Collection on the Web
Why would a company with $145 billion in cash even bother to issue debt? The answer has a lot to do with the frenzied state of the bond markets.
Continue reading DealBook: Apple Raises $17 Billion in Record Debt Sale
With Cyprus’s role as a provider of financial services for Russians, what began as another episode in a familiar narrative has escalated into a drama with geopolitical implications.
Continue reading Russian Ties Put Cyprus Banking Crisis on East-West Fault Line
Cyprus’s president, Nicos Anastasiades, was set to return to negotiations with lenders after lawmakers rejected a package that would tax depositors to help fund a financial rescue.
Continue reading Rejection of Deposit Tax Scuttles Deal on Bailout for Cyprus
A vote scheduled for Tuesday on the divisive measure, part of a European Union bailout, will probably not pass, a government spokesman said.
Continue reading Cyprus Set to Reject Tax on Bank Deposits
The move revived fears of bank runs elsewhere in the euro zone, especially after a top European official on Saturday declined to rule out similar measures on depositors in countries beyond Cyprus.
Continue reading Facing Bailout Tax, Cypriots Try to Get Cash Out of Banks
Four months after President Obama won a second term, the only issue truly uniting Republicans is a commitment to shrinking government through spending cuts, low taxes and less regulation.
Continue reading Political Memo: G.O.P., Lacking Unity, Clings to Budget Goals
At bottom, the standoff over cuts pits Democrats’ wish to cushion market outcomes against Republicans’ desire to limit government.
Continue reading Political Memo: Underlying Budget Impasse Is a Deep Philosophical Divide