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Market News

Energy may see further weakness as key names report

A street sign for Wall Street hangs in front of the New York Stock ExchangeThe group has been falling alongside crude oil prices, which are down about 60 percent since June. For the full year, earnings are seen down almost 45 percent, nearly twice the decline of 23.3 percent forecast on Jan. 1.




Obama targets foreign profits with tax proposal, Republicans skeptical

Obama delivers remarks at the armed services farewell in honor of Hagel in VirginiaBy Jeff Mason and Kevin Drawbaugh WASHINGTON (Reuters) - President Barack Obama's fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by U.S. companies, and a new approach to taxing foreign profits in the future, but Republicans were skeptical of the plan on Sunday. Reviving a long-running debate about corporate tax avoidance, Obama will target a loophole that lets companies pay no tax on earnings held abroad, the White House said. In his budget plan to be unveiled on Monday, Obama will call for a one-time, 14 percent tax on an estimated $2.1 trillion in profits piled up abroad over the years by multinationals such as General Electric , Microsoft , Pfizer Inc and Apple Inc . He will also seek to impose a 19 percent tax on U.S. companies' future foreign earnings, the White House said.








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New Home Loans

房屋貸款

If you're like most people, purchasing a home  is probably one of the biggest investments you'll ever make in your lifetime and we'll be with you every step of the way

 

 

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房屋轉按

If you are looking to refinance your ARM into a fixed rate or refinance and get cash out or get into a lower rate, we can help.

 

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We offer a variety of loan programs. Every borrower has different needs. After reviewing your situation, one of our experts will see what loans best fits your needs

 

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