'Working rich' prevail among today's top earners

Many blame idle millionaires for the rise in income inequality, but today's top earners are actually the "working rich," according to a new working paper co-authored by Princeton University.

US fiscal policy 'too stimulative': business economists

Following approval of the massive US tax cut, a majority of economists now say fiscal policy is adding too much fuel to the world's largest economy, according to a survey published Monday.

Amazon hammers out tax deal with France

US online retailer Amazon said Monday that it had settled a major tax claim in France and would start declaring all its earnings in the country locally, as European officials prepare to tighten the fiscal screws on digital ...

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