The Koch fortune: A look inside the brothers' wealth and business

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The Koch fortune: A look inside the brothers' wealth and business

Estimates place the fortune of David Koch, whose family said he died Friday, somewhere between $42 billion and $50.5 billion. Continue Reading Below. How does someone make that much money? Until last year, Koch was the executive vice president of …
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Opportunity zones and capital gains: What your clients need to know

As an accounting or tax professional, I'm going to assume you're familiar with the broad strokes relating to opportunity zones, but if not, here is a quick
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Another day, another epic delay on the same Delta flight from New York to Los Angeles

It was slow going again on Thursday into Friday for a Delta Airlines flight from New York to Los Angeles. Delta Flight 975, which had been slated to take off Thursday at 3:30 p.m., was delayed by more than 19 1/2 hours and didn’t leave John F. Kennedy …
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Powell signals the Fed will cut interest rates again as soon as next month

Federal Reserve Chairman Jerome Powell signaled Friday that the central bank will cut interest rates again as soon as next month as the U.S. trade war with China and global economic turbulence continue to roil financial markets. But he stopped short of …
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US new home sales drop sharply, point to more housing weakness

WASHINGTON (Reuters) – Sales of new U.S. single-family homes sank more than expected in July, a sign that the housing market continued in low gear despite lower mortgage rates and a strong labor market. FILE PHOTO: Workers install roof trusses onto a …
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