Congress is debating the biggest rewrite of U.S. partnership rules in 60 years, which may lead to higher taxes for real estate and finance businesses or prompt them to restructure operations to avoid new costs.
A transatlantic tie-up has been delayed as both firms weigh a tax bill that one consultant speculates could run into the "tens of millions."
Prospect of slowdown or halt in Chinese purchases of U.S. government debt gives bond market the jitters.
The leaders of New York's midsize law firms say they are uniquely suited to give millennials meaningful work, recognition for their accomplishments and a better work/life balance—all values that studies show are attractive to that generation.
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