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.
The rule book for Wall Street may not change that much after all.
Federal Reserve Chairman Ben Bernanke said today that the worst recession since the 1930s is probably over.
U.S. inflation at the wholesale level shot up at double the expected rate in August as gasoline prices soared by the largest amount in a decade.
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.
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.
Retail sales jumped in August, spurred by widespread gains beyond the increases of auto and gasoline sales that economists expected.
The Senate bill contains tax credits for low- and middle-income families, but the House bill has proposals that would affect high earners.
If it happened to Federer, it could happen to you
Investment managers are close to making up the ground they lost in the second half of 2008 when investors pulled $251 billion out of mutual funds, according to data released today by Morningstar Inc.
