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Onetime Rep. Ken Buck didn't have a very good impression of Capitol Hill upon his arrival in 2015. Buck told The New York Times that he wanted out of Congress "about three weeks" into the role. But the ex-congressman remarked that it took him a while to map out a plan to leave the House. AdvertisementFormer Rep. Ken Buck has not been shy about calling out what he says is the highly dysfunctional nature of Congress. Related storiesBut not even a month into his tenure in Congress, Buck revealed that he was already eyeing the exits.
Persons: Ken Buck didn't, Buck, , Ken Buck, they've, Buck — Organizations: New York Times, Service, The Colorado Republican, GOP, Washington Post, The New York Times, Times, Capitol
Colorado Republicans narrowly chose former mayor Greg Lopez to complete Rep. Ken Buck's term. She sat out the special election because it would've triggered another special election. AdvertisementColorado Republicans narrowly chose Greg Lopez to serve the remainder of former Rep. Ken Buck's term. In other words, he won't run against Boebert in the ongoing GOP primary to represent Colorado's 4th congressional district for a full term. Congratulations to Greg Lopez, who will be a strong Congressman finishing out the remainder of Ken BUCKLE’S term!
Persons: Greg Lopez, Ken Buck's, Lauren Boebert, , Lopez, Jerry Sonnenberg, who's, Buck, George Santos, Boebert, would've, she's, Buck —, Joe Biden, Ken BUCKLE’S, Greg, … — Lauren Boebert Organizations: Colorado Republicans, Service, Boebert, Republicans Locations: Parker , Colorado, Colorado's, Hugo , Colorado, Logan, Colorado, Denver, redder
The US even reminded everyone just how influential the buck is when it effectively froze Russia out of the global financial system with sanctions last year. Becoming the issuer of the global reserve currency is about trust. The US has controlled the global reserve currency for 102 years — giving it a special status in the world economy. Still, given that the country controlling the global reserve currency holds that status of an average of 94 years, history seems to indicate it's high time for a successor. Why shouldn't the financial world resemble something closer to the mosaic of cultures, politics, and nations that exists today?
Persons: Chenzi Xu, there's, Xu, , Ron Temple, Gregory Brew, Eurasia's Brew, dollarizing, Stephen Jen, Jen, we've, Stanford's Xu, Luiz Inácio Lula da Silva, Josh Lipsky, " Lipsky, It's, Alexander Wise, Jan Loeys, Loeys, dollarization, Wise, Lazard's Temple, isn't, Phil Rosen Organizations: Stanford, Federal, European Central Bank, People's Bank of China, Lazard, Publishing, Getty Images, International Monetary Fund, Bank of International Settlements, Eurasia Group, Sandman's, Eurizon, IMF, Atlantic Council, JPMorgan Locations: Russia, Israel, France, China, America, Saudi Arabia, Brazil, India, Pakistan, Bolivia, Iraq, South Africa, Beijing
The real purchasing power of a $250,000 salary depends on a city's overall economy, taxes and cost of living. Across the United States, $250,000 is worth as much as $203,664 in Memphis, Tennessee, but as little as $83,000 in New York City. The study compares the after-tax income in 76 of the largest U.S. cities and adjusts the figures for the cost of living. For the privileged few earning $250,000 per year, here are the seven cities where your money has the least purchasing power, as well as how much it's actually worth. In San Francisco, for example, residents are taxed roughly six percentage points more in taxes at $250,000 salaries, as compared with a $100,000 salary, SmartAsset reports.
Persons: Warren Buffett Organizations: SmartAsset, D.C, New York Locations: United States, Memphis , Tennessee, New York City, That's, New York, Honolulu, Francisco, Angeles, Long Beach , California, Washington, Diego, RentHop, California, San Francisco
Now, as all good businesses do, it comes time for XYZ to start returning cash to its shareholders. Of course, for a buyback to make financial sense for a company, shares need to be purchased at an appropriate price. Assume that XYZ Corp. generated $10 billion in sales with a 10% net profit margin and has 1 billion shares outstanding, resulting in EPS of $1. The structure aligns management with shareholders, as their compensation is tied to the success of the company and, therefore, the stock. While that's a net positive for shareholders, it's not the same as, say, Apple' s (AAPL) approach to buybacks.
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