Households stung by the limit on state and local income tax deductions are chasing tax-free municipal bonds. But it’s wise to proceed carefully. Source: NYT > Business – CARLA FRIED
Saudi Aramco’s Profit Exceeded $110 Billion Last Year, Report Says
Earnings at Saudi Arabia’s giant oil company, reported by Moody’s, far outstripped the profits of giant tech companies or rival oil producers. Source: NYT > Business – STANLEY REED