59 percent

WASHINGTON | US October budget deficit jumps to $100.5 billion

WASHINGTON  — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year’s October deficit was smaller because … Continue reading WASHINGTON | US October budget deficit jumps to $100.5 billion

Morgan Stanley’s profits fall 59 percent due to tax bill

NEW YORK/January 18, 2018 (AP)(STL.News) — Morgan Stanley’s earnings fell 59 percent in the fourth quarter as the investment had to book $990 million in charges related to the new tax law. Morgan Stanley earned $686 million, or 29 cents a share, down from $1.67 billion, or 81 cents a share, from a year ago. Excluding the … Continue reading Morgan Stanley’s profits fall 59 percent due to tax bill