President Barack Obama is launching an effort to help Americans save more for retirement, hoping a government nudge or two can get them to do what many are unable to do on their own. The package includes programs to guarantee all workers access to a retirement plan through their jobs; ...
MAKHACHKALA, Russia ? Last week here in the capital of the southern republic of Dagestan, the wind whipped uncollected garbage in every direction and tens of thousands of citizens lost heat, electricity and water. Skip to next paragraph Dagestan’s violence disrupts Makhachkala’s tourism plans. The traffic police, fearful of another ...
HILLSBOROUGH, Northern Ireland ? Rival parties in Northern Ireland cast aside a Friday deadline set by the British and Irish prime ministers, negotiating into Saturday in an effort to avoid the collapse of their power-sharing government. A breakdown in talks between the predominantly Roman Catholic party, Sinn Fein, and the ...
By David Ellis, staff writerJanuary 31, 2010: 11:06 AM ET NEW YORK (CNNMoney.com) — The watchdog charged with monitoring the government’s $700 billion bailout unleashed one of his harshest criticisms of the program to date, questioning its overall effectiveness. In his latest quarterly report to Congress, special inspector general Neil ...
by Peter Valdes-Dapena, senior writerJanuary 30, 2010: 9:23 PM ET NEW YORK(CNNMoney.com) — Toyota is “finalizing a program” to replace the gas pedals recalled in the United States, said company spokesman John Hanson on Saturday. Hanson did not offer a timeline, other than to say “soon,” but indicated it could ...
Could Apple’s new iPad end up being too much of a good thing? To great fanfare during his demonstration last week, CEO Steven Jobs played up the iPad’s ability to stream live baseball games and hit movies. But consumers who are willing to pay more to get that content over ...
Two former financial advisers are suing the state of Utah for $358 million, claiming their constitutional rights were violated during separate investigations by the Division of Securities that stretched from 2000 through 2005. The lawsuit isn’t the first time such allegations of misconduct have been raised. After a series of ...
January 30, 2010 8:41 p.m. ESTTopics: United States, Health, Social Issues Los Angeles, CA, United States A medical marijuana dispensary in Eagle Rock, California has been ordered by a court to stop selling pot. Los Angeles County Superior Court Judge James C. Chalfant issued Friday an injunction against Hemp Factory V ...
IN the glory days of the digital photo frame business, when his products were still a novelty and shoppers were flush with cash, getting a bank loan to manufacture them was a cinch, Michael Levy says. “We would say: ‘We got a $1 million order from the Sharper Image. We ...
$16 what most millionaires pay for a haircut (including tip) There are many words to describe how so many people end up in financial trouble, but one stands out. Pretenders. Sure, sometimes bad things happen, and it’s not your fault. But many of you — and you know who you ...
No doubt about it: The opportunity to make mistakes is almost unlimited, and missed deductions can be the most costly. About 46 million of us itemize on our 1040s — claiming nearly $1 trillion worth of deductions. That’s right: $1,000,000,000,000, a number rarely spoken out loud until Congress started debating ...
YOU’RE likely to feel more confident about the economy when your political party is in power. That’s no surprise. But a new study has found that your feelings probably affect the way you invest your stock portfolio. The study, which has been circulating in academic circles since December, found that ...
WARRENTON, Ore. ? After Jean Ley lost her job as a mental health counselor in June 2008, she quickly realized how limited her options were. She had little savings. Unemployment benefits were not going to be enough to pay her bills. She was at risk of losing her home here ...
January 30, 2010 7:01 a.m. ESTTopics: United States Washington, DC, United States President Barack Obama today (Jan.30) today heaped praises on the Senate for restoring the pay-as-you-go to restore fiscal discipline and outlined the governmental moves to rein in the ballooning U.S. deficit. The president recalled that “the pay-as-you-go law that ...
WASHINGTONThe deep recession that hung over the nation in 2009 has led to new tax credits and deductions — attempts by Congress to boost consumer spending and get the economy moving again. These, along with increases in the standard deduction, personal exemption and alternative minimum tax exemption, may bring a ...
Logan » About 15 state and federal bureaucrats showed up to a seminar in this northern Utah community late Thursday to hear concerns from rural farmers and business owners and to explain how the government can help them with low-interest loans and outright grants. But when only three people showed ...
The U.S. economy turned in a surprisingly good performance in the fourth quarter, surging ahead by 5.7 percent on an annual basis, according to a government report released Friday. Or did it? President Obama was quick to highlight the economy’s progress and “the swift and aggressive actions that made it ...
