Bloomberg

Bloomberg
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RIA NEWS NOV 17, 2009
7,500 tax dodgers apply for IRS amnesty program

Some 7,500 international tax dodgers have applied for an amnesty program that promises no jail time and reduced penalties for tax cheats who come forward, the IRS announced Wednesday.

RETIREMENT PLANNING NOV 17, 2009
Bid to regulate financial planning industry will soon run into opposition, leaders predict

The industry effort to regulate financial planning as a profession has support from within — but it won't escape opposition from other sects of the financial services community, several industry leaders said today.

RIA NEWS NOV 17, 2009
U.S., Swiss agree to settle on major points in UBS tax evasion case

The U.S. and Swiss governments have agreed on most major disputes in Washington's effort to get names of thousands of wealthy Americans suspected of evading taxes by hiding billions in assets with Swiss banking giant UBS AG.

RIA NEWS NOV 16, 2009
Retail sales rise 1.4% in October

Excluding auto sales, retail demand rose 0.2%, half of the expected 0.4% rise.

RIA NEWS NOV 13, 2009
Earnings reports push stocks higher after slide

Investors pushed back into the stock market a day after a slide as earnings reports boosted confidence about the pace of a recovery in the economy.

FIXED INCOME NOV 13, 2009
Ala. county sues JP Morgan over debt deals

RIA NEWS NOV 12, 2009
Higher oil prices seen threatening global recovery

Rising oil prices could imperil a modest increase in crude demand and the recovery of the global economy, the International Energy Agency said Thursday as it raised its outlook for oil demand this year.

MUTUAL FUNDS NOV 12, 2009
Money fund assets fell to $3.335T in latest week

Total money market mutual fund assets fell by $3.68 billion to $3.335 trillion for the week, the Investment Company Institute said Thursday.

RIA NEWS NOV 11, 2009
Stocks open higher as dollar continues slide

Stocks are rising in early trading as investors anticipate interest rates will remain low for some time.

REGULATION AND LEGISLATION NOV 11, 2009
Senate moving to allow SEC to rule on mandatory arbitration

The Securities and Exchange Commission would be required to issue rules prohibiting or limiting mandatory arbitration clauses in securities contracts under draft legislation introduced this week by Senate Banking Committee Chairman Christopher Dodd, D-Conn.