Thursday, November 26, 2009

Bonds trim earlier lossesRead full story for latest details.
Whirlpool to cut about 1,100 jobsRead full story for latest details.

Friday, November 20, 2009

Stop the market insanityThe market keeps chugging along. But with speculative stocks like AIG and Vonage leading the way, you have to wonder if the rally won't soon go off the rails like Ozzy Osbourne's Crazy Train. Ay-Ay-Ay!
Paying taxes on Clunker cashQuestion 1. Do you have to claim the money in the Cash for Clunkers program you received as income in your tax returns for next year? -- Joe, Indiana

Tuesday, November 17, 2009

Mega Millions jackpot hits $333 millionUndeterred by the miniscule odds, people were lining up Friday for a chance to score the estimated 3 million Mega Millions jackpot.
Dollar knocked down ... for nowThe dollar continued to lose ground Friday at the end of a week in which it became cheaper for banks to borrow in yen than dollars for the first time in 16 years.

Saturday, November 7, 2009

Hacker in massive ID theft pleads guiltyRead full story for latest details.
Nortel hit with $3 billion tax billBankrupt Canadian telecom equipment maker Nortel Networks Corp. owes the United States Internal Revenue Service a staggering billion in taxes and interest, according to a claim filed in the company's bankruptcy case.

Tuesday, November 3, 2009

Bank failure tally tops 84Regional banks in Maryland, Minnesota and California were closed by regulators Friday, bringing the total number of failed banks this year to 84, the Federal Deposit Insurance Corporation said.
Stocks brace for SeptemberWith stocks now sitting more than 50% above March lows and notorious rally-spoiler September in sight, the calls for a pullback have been getting louder.