In addition to advising services, the new tax would also apply to astrology reading, escort services and ski-lift tickets.
Sales of new one-family homes rose 4.8% to a seasonally adjusted annual rate of 770,000 from a revised 735,000 in August.
Despite strong growth, numbers are down slightly from Q2 as officials make effort to curb inflation.
The move would “hinder America’s ability to compete in the global economy,” said Treasury chief Henry Paulson.
Fidelity's VIP Contrafund Portfolio will be managed by a multi-manager group of seven managers.
Americans have become even gloomier about the economy, but the reality may not be all that bad, says an economist.
MBIA, the world’s largest bond insurer, reported third-quarter earnings with a net loss of $36.6 million, or 29 cents per share.
The board of New York Life Insurance has elected Frank Boccio to the position of executive vice president and CAO.
Barclays has launched eight exchange-traded notes to track commodities on NYSE Arca today.
The worse-than-expected third-quarter losses raise questions as to the fate of chief executive Stanley O’Neal.
