The consumer price index, which measures the cost of living, fell by a record 1.7% in November, as gasoline and other energy prices plunged, according to a Department of Labor report.
Real estate valuations are expected to fall next year, with the low point in the cycle expected in 2010, according to LaSalle Investment Management’s Investment Strategy Annual, a comprehensive survey of global real estate markets.
While finding an appropriate independent property worth $1 million may be difficult, there are always opportunities available to invest in a larger property as a tenant-in-common to defer capital gains tax.
A select group of mutual funds that can invest beyond stocks, bonds and cash are being heralded as the next great innovation, but some industry observers question whether the funds are merely repackaging an existing concept.
Those regs, slated to go into effect Jan. 1, require that retirement plans run by non-profit groups must have new plan document rules in place.
The Ryland Group has become the latest home builder to slash its dividend, chopping its quarterly dividend by 75% to 3 cents a share, from 12 cents.
Morgan Stanley downgraded ING Groep NV, Standard Life PLC and Aegon NV to “underweight” from “equal weight,” expecting more challenges ahead for the insurers, Reuters reported.
The economic crisis has reduced prices of U.S. imported and exported goods and services at the fastest pace since 1988, when records were first kept, according to a Department of Labor report.
