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Mnuchin: Market Response on Fed Rate Migration "Fully Overblown"

Treasury Secretary Steven Mnuchin told FOX Business that the market's sales point in response to the Federal Reserve's rate hike decision was "completely overblown." "I think the market was disappointed in the chairman's comments," he said during an exclusive interview with Stuart Varney on Thursday. "But I would say that if you look at the details, you can not just …

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Autodesk Stock Falls On Construction Acquisition

Autodesk (ADSK), a manufacturer of computer-aided design software, decided Thursday to buy a construction software company just like the completed acquisition of another. The Autodesk share fell in the retail market during a holistic day for the stock market. X California-based company San Rafael plans to buy BuildingConnected for $ 275 million net after cash acquired. The acquisition will add …

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5 common tax misconceptions to avoid

While the legislation has been discussed extensively over the past year, some taxpayers still have misconceptions about the changes. Here are some common held – but often mistaken – beliefs about the new tax code. While many popular deductions have been eliminated, the charitable deduction remains in place. "People are confusing the charitable deduction with the standard deduction going up," …

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Tesla Model S Catches Four Twice in One Day

Screenshot: KPIX CBS SF Bay Area (YouTube) A Tesla Model S caught four earlier this week in a parking lot in Los Gatos, California. It then reignited a few hours later after it had been brought to a tow yard. On Tuesday, a silver Model S first caught four in the afternoon at a tire and auto repair shop in …

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