The Senate approved a bill that would prevent 19 million middle-class taxpayers from paying the AMT this year.
Two organizations want insurers to have the option of being regulated federally or by the states.
Hedge fund assets have increased by 11% in the past six months, according to HFM.
Hedge fund returns fell November, reflecting declines in the major stock markets, the credit crunch and concerns about business slowdowns.
The economy added 94,000 jobs in November, according to a Department of Labor report.
Billionaire Joseph Lewis has raised his stake in Bear Stearns to 8.01%, according to a filing with the SEC.
Load funds significantly underperform a buy-and-hold strategy with the same funds, says the Zero Alpha Group.
The Bank of America report identifies 12 donor types and how they go about giving away their money.
Schwab Charitable Fund has reduced the minimum donation to open a charitable gift account from $10,000 to $5,000.
Investors in Bear Stearns' two collapsed hedge funds have filed arbitration claims against firm, according to Reuters.
