The Bad Advisors and outright crooks always grab the headlines; time to strike back.
California's attorney general said Thursday his office is investigating Wall Street's big credit rating agencies to determine what role they may have played in the collapse of the financial markets.
Total money market mutual fund assets fell by $62.6 billion to $3.482 trillion for the week, the Investment Company Institute said Thursday.
The IRS issued new rules Tuesday designed to make it easier to refinance some commercial real estate loans in an effort to curb the number of defaults.
The rule book for Wall Street may not change that much after all.
U.S. factories made more cars, clothing and other goods than expected in August, and inflation remained in check in the early stages of a broad economic recovery.
Your client has invested in an LLC or LLP that sustains losses. Since the IRS considers him or her to be a limited partner, the losses are considered passive and the client is unable to offset salary and investment income with the losses.
The Senate bill contains tax credits for low- and middle-income families, but the House bill has proposals that would affect high earners.
Federal Reserve Chairman Ben Bernanke said today that the worst recession since the 1930s is probably over.
While Putnam Investments portfolio manager David Hilder is optimistic about the financial sector, commercial real estate and regulatory reform may hold some risk for diminished returns, he said at a press meeting yesterday in Boston.
