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Save on taxes by finding every deduction


Every possible tax deduction can help when your money is tight. Yet many available legal deductions go unclaimed each year simply because most taxpayers still don’t know the breaks exist. From eyeglasses to airline baggage fees, you might qualify for at least one often-forgotten deduction – and maybe more than one. The Internal Revenue Service allows you to take the ...

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Markets brace for March Madness


It’s not just NCAA hoops players who have to deal with March Madness. Wall Street does too, as March has a reputation for maddening market mood swings, with the Nasdaq composite topping out in March 2000 and hitting a bear market bottom in March 2009. So, with the Nasdaq again flirting with the 5000 milestone for the first time in ...

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Red flags in Cuba slow investment


MIAMI — After an initial wave of enthusiasm following President Obama’s decision to re-establish relations and expand trade with Cuba, American businesses are hitting the brakes. Although companies such as MasterCard, American Express, Netflix and Twitter have announced plans to expand operations in Cuba, they can’t flourish on the island until two essential U.S. industries get on board: banking and ...

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Watch: Obama, Aretha Franklin Deliver Emotional Farewell to Eric Holder


President Barack Obama’s eyes welled up during a performance by the Queen of Soul at the ceremony. A celebration Friday for outgoing U.S. Attorney General Eric Holder drew tears to President Obama’s eyes during a performance by Aretha Franklin, who “literally” sang his praises, CNN reports. “I think about all the young people out there who have seen you work ...

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CMPD: 2 shot at Charlotte nightclub Label Saturday


Club owners: Party marketed for CIAA celebrants still on after woman, another person suffer non-life-threatening injuries. Two people who were shot in the Label nightclub in the NC Music Factory complex Saturday night have non-life threatening injuries, Charlotte-Mecklenburg police said. Police responded to the club at about 7 p.m. in reference to an assault with a deadly weapon service call, ...

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Teenage girl killed by mob


BAUCHI, Nigeria (AP) — A crowd beat to death a teenage girl accused of planning to be a suicide bomber and then set her body ablaze Sunday, according to police and witnesses at a northeastern Nigerian market. A second suspect, also a teenage girl, was arrested at Muda Lawal, the biggest market in Bauchi city. A spate of suicide bombings ...

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Warren Buffett’s letter: Gender should never decide CEO

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In his much-anticipated annual letter to stockholders, Warren Buffett, chairman and CEO of Berkshire Hathaway, celebrated his golden anniversary of ownership of the company and teases about talk of a successor — making it clear that gender is not a factor. The Oracle of Omaha sized up the U.S. economy and takes a genial swipe at “preachers of pessimism.” Buffett ...

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Woman allegedly beaten for two hours by ‘friends,’ captured on video


Atlanta police are investigating the beating of a 23-year-old Atlanta woman who says her two best friendsbeat her for two hours. “She grabbed me off the couch and started hitting me,” Myriah Pointer said of the incident to WXIA. The beating, she says, all started because she sat on someone’s hamburger. She suffered two black eyes, two broken teeth, and fractures on ...

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Walmart’s wage hike gets CEOs’ attention


Walmart’s (WMT) recent raise is the big talk among retailers – as many report their results this week. Walmart made a big impact with investors announcing plans to boost its hourly pay. It’s a big deal for the entire industry – and quite possibly the economy. Another retailer already followed with pay hikes for its workers, apparel seller T.J. Maxx. Given how ...

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Wolff: It’s not really net neutrality


Net neutrality is a hands-down victory for the digital industry, except that nobody anywhere can tell you what has been won. It is a resounding defeat for the broadband business, particularly for Comcast, except that Comcast, if you’re inclined to bet, will probably still come out ahead. Net neutrality is a curious piece of regulation that has been spurred on ...

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