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Analysts: US economy fundamentally strong despite stock market plunge

A wave of fear about inflation and higher interest rates has sent stock prices tumbling and raised concerns about corporate profits. On Feb. 5, a plunge of over 1,100 points in the Dow Jones industrial average capped two days of ...

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Idaho lawmakers to tackle licensing reform

A group of Idaho lawmakers say they will be studying possible changes to the state’s licensing laws by creating their own committee to tackle the issue. Chairs of the House Business Committee and Senate Commerce and Human Resources Committee announced ...

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Idaho House to debate biggest tax cut plan in its history

One of the largest tax reduction measures proposed in Idaho history, designed to offset the Republican tax overhaul, is headed to the House floor for debate. The $200 million plan reduces tax rates and creates a $130 Idaho child tax ...

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For banks, tax bill is a give and take (access required)

Banks and businesses in general are set to benefit as the corporate tax rate plummets from nearly 35 percent to 21 percent. But at least for the moment, banks, and some other businesses, are taking a big hit to their ...

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Crapo bill could help Idaho community banks (access required)

A national banking bill put forth by Idaho’s Sen. Mike Crapo could pay big benefits back home, according to community bankers. The bill, S.2155, is intended to roll back some Dodd-Frank compliance restrictions that were put into place in 2010. ...

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Proposed drilling project stirs up residents

A proposed exploratory drilling project along an Idaho lake is stirring up concerns from some residents. The Coeur d’Alene Press reports Pend Oreille Silica Inc. has proposed one site for exploration from which two exploratory holes would be drilled to ...

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The dollar dilemma (access required)

The U.S. stock markets are soaring. Unemployment has fallen toward the 4 percent that economists consider full employment. Throw in a huge corporate tax cut and what’s likely to be tax decreases for many individuals. The U.S. dollar should be ...

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Federal Reserve imposes new penalties on Wells Fargo

The Federal Reserve is imposing more penalties on Wells Fargo, freezing the bank’s growth until it can prove it has improved its internal controls. In addition, the San Francisco-based bank agreed to replace three board members by April and a ...

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US prosecutor: Oregon has big pot overproduction problem

Oregon’s top federal prosecutor said Feb. 2 the state has a “formidable” problem with marijuana overproduction that winds up on the black market and that he wants to work with state and local leaders and the pot industry to do ...

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