#U.S.Economy News

President Barack Obama wants to increase taxes for wealthy Americans. President will make an appropriate offer of 20 January, during his annual message to Congress. It is expected that Obama will propose to raise taxes from 23,8% to 28% for families whose annual income exceeds $500 thousand.

The largest oilfield services company Schlumberger will reduce 9 thousand employees - approximately 7% of its staff.The reason for unpopular decisions was the drop in oil prices and significant budget cuts drilling among clients Schlumberger - oil companies. Views: Matt  Schlumberger employs

According to a new report of the Institute on Taxation and Economic Policy, the people who earn the least amount of money.pay about 17% taxes. Meanwhile, the most successful citizens cough up just 2.4%. Views: MSmoth Front the list you’ve given, you won’t believe which states have a better

Retailer Wet Seal declares bankruptcy. Wet Seal (WTSL) wants to reorganize itself in Chapter 11 bankruptcy. Views: Jeff Muetz well..considering wet seal is that stuff the guy coats the screen door with on his boat on the infomercials at night, that would explain why kids don't buy it! :P

Royal Dutch Shell received approval from the U.S. Department of Commerce export of American oil. An export permit will allow Shell to increase the export of condensate, however, work will begin only when oil prices will rise and “black gold” will become profitable, said a company representative.