Foreign investors are putting record amounts of cash into the U.S. in a sign of significant optimism about the country’s economy.
But the investments also reflect the popularity of so-called “tax inversions,” a way for U.S. companies to cut their tax rates by joining with a foreign company that has a lower rate.
Foreign direct investment into the U.S. reached $200 billion in the first six months of this year, a record high according to a report by the Organization for Economic Cooperation and Development. Read more
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