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Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

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American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

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The Treasury's recent moves in the bond and currency markets add up to 'soft-form financial repression' to lower debt costs, economist warns
LeadershipDonald Trump

President Trump’s Income From Mar-a-Lago Is Way Up

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Mahita Gajanan
Mahita Gajanan
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By
Mahita Gajanan
Mahita Gajanan
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June 16, 2017, 7:02 PM ET
Donald Trump Hosts Chinese President Xi Jinping At Mar-A-Lago
Joe Raedle—Getty Images
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Donald Trump’s income from his Mar-a-Lago resort is up this year, according to personal financial disclosures filed on Friday.

Mar-a-Lago, which Trump has referred to as the “Winter White House,” made $37.2 million from Jan. 2016 through this spring, an increase from the previous year, when the resort earned $29.8 million. Trump’s 2015 filing showed that the resort earned $15.6 million.

Following Trump’s election, Mar-a-Lago doubled its initiation fee for members to $200,000. Since taking office, Trump has frequently spent weekends at the resort.

The financial disclosure report further showed that Trump earned more on royalties for his book Art of the Deal since becoming president. Last year, he reported earning between $50,000 and $100,000. Trump says he’s earned between $100,000 and $1 million in the latest filing

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