Sales of new one-family homes fell to an annual rate of 647,000, according to the U.S. Census Bureau.
Up to 13.5 million taxpayers won’t be able to file their AMT-related returns until Feb. 11, said the IRS.
Pacificor has named portfolio manager Andy Mitchell to helm the hedge fund after Michael B. Klein, former CEO, died after his private plane crashed in Panama on Sunday.
Prices of existing single-family homes slumped for the tenth consecutive month in October.
The tax package also includes a seven-year renewal of a terrorism-insurance program.
Customers opened their wallets in November, as personal income and prices jumped, according to the Commerce Department.
The Vanguard Group has launched ETFs on the NYSE Arca today, which seek to track three MSCI Indexes.
The insurance company's president and chief executive, Michael G. Cherkasky, will step down.
Burned in the aftermath of Bear Stearns’ two collapsed hedge funds, Barclays has sued the firm and a pair of its fund managers.
About 21 million taxpayers will be spared the AMT for 2007 after the House approved an "AMT patch."
