S.C. 9th on tax-friendly list
South Carolina has been ranked 9th on the list of “10 Most Tax-Friendly States for Retirees,” published by Kiplinger’s Magazine. An interactive Retiree Tax Map on the magazine’s website gives retirees an interactive guide to the best and worst places to retire based on taxes. Alaska topped the list. Rhode Island was listed as the worst place for retirees’ taxes.
Artsfields brought in $5 million
Wells Fargo cuts jobs in mortgage-production unit
Wells Fargo & Co., the biggest U.S. home lender, is cutting 2,300 jobs from its mortgage-production unit, according to people with knowledge of the matter. Other smaller cuts had been made in the past few weeks in various sites around the country, according to the people, who asked not to be identified because the changes haven’t been publicly disclosed. San Francisco-based Wells Fargo was the largest employer among U.S. banks at midyear with about 274,000 people.
Fed appeals rejection on cap for debit transactions
Rules would put limits on catching bluefin tuna