| Debating an extension of the Bush tax cuts |
| The Post asked economists and former policymakers for their opinions on the best option for the Bush tax cuts. Below are responses from Alan S. Blinder, Mark Zandi, Diane Lim Rogers, Douglas Holtz-Eakin, Leonard S. Burman and Robert Greenstein. |
| Read More...(Source: washingtonpost.com - - Sun, 01 Aug 2010 00:00:00 EDT) |
| Five myths about the Bush tax cuts |
| The tax cuts enacted in 2001 and 2003, known as the Bush tax cuts, are set to expire Dec. 31, and the fight over what to do is increasingly heated. Should the tax cuts expire, as some Democrats have said? Should they be extended, as most Republicans maintain? Or does the answer lie somewhere in between, as the Obama administration, led by Treasury Secretary Timothy Geithner, has argued in recent weeks? |
| Read More...(Source: washingtonpost.com - - Sun, 01 Aug 2010 00:00:00 EDT) |
| Review of “Chasing Goldman Sachs,” by Suzanne McGee |
| CHASING GOLDMAN SACHS |
| Read More...(Source: washingtonpost.com - - Sun, 01 Aug 2010 00:00:00 EDT) |
| Ethics panel to charge California Rep. Waters |
| WASHINGTON -- A House investigative panel has decided to charge Democratic Rep. Maxine Waters of California with ethics violations, raising the possibility of a second high-profile trial with political implications for Democrats this fall. |
| Read More...(Source: washingtonpost.com - - Sat, 31 Jul 2010 01:32:22 EDT) |
| Wyly brothers built an empire side-by-side |
| Born during the Depression in a northeast Louisiana plantation town of 3,000, Charles Wyly and his younger brother Sam have been inseparable since childhood: numbers 3 and 13 on the state-championship high school football team, business partners who turned ideas into billion-dollar companies, philanthropic champions and benefactors of politicians, including the Bush political dynasty. Now the brothers are co-defendants in a far-reaching securities fraud suit. |
| Read More...(Source: washingtonpost.com - - Sat, 31 Jul 2010 00:00:00 EDT) |
| Sibling rivalry over family home: No one wins |
| Q: Mom died a year ago, leaving the family home to my brother and me. I live in the house and would like to stay there, but my brother, who lives in California, wants to sell it and take his half of the proceeds. |
| Read More...(Source: washingtonpost.com - - Sat, 31 Jul 2010 00:00:00 EDT) |
| Taking steps toward refinancing a rental property |
| I have a rental property that I bought five years ago for $170,000 but now is valued at $120,000. I have a mortgage at 6.75 percent with about $45,000 in equity on the property. I am not in financial difficulty, but I would like to take advantage of low interest rates. Is it possible to refinance my rental home? If so, any tips would be appreciated. |
| Read More...(Source: washingtonpost.com - - Sat, 31 Jul 2010 00:00:00 EDT) |
| Suit blames Mets owners for Madoff-related losses |
| NEW YORK -- The owners of the New York Mets should be held accountable for letting their workers put more than $16 million in 401(k) assets into accounts controlled by jailed financier Bernard Madoff, a widow said in a lawsuit filed Friday. |
| Read More...(Source: washingtonpost.com - - Fri, 30 Jul 2010 23:44:54 EDT) |
| Regulators close banks in Fla., Ga., Ore., Wash. |
| WASHINGTON -- Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and recession. |
| Read More...(Source: washingtonpost.com - - Fri, 30 Jul 2010 22:01:52 EDT) |
| Stocks end July with big gain; Dow gains 7.1 pct |
| NEW YORK -- Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year. |
| Read More...(Source: washingtonpost.com - - Fri, 30 Jul 2010 17:48:28 EDT) |
| Dow nearly erases 2010 loss on strong earnings from Apple, UPS and Ford |
| U.S. stocks rose, almost wiping out the Dow Jones industrial average's 2010 loss, after better-than-expected earnings at companies from United Parcel Service to Apple and Ford Motor lifted confidence that the economy is recovering. |
| Read More...(Source: - Sun, 25 Jul 2010 00:00:00 EDT) |
| Dow Jones industrial average's winning streak ends as U.S. stocks sink |
| U.S. stocks fell, ending the Dow Jones industrial average's longest winning streak in two months, following worse-than-estimated sales at Bank of America, Citigroup and General Electric and consumer confidence that sank to the lowest level in a year. |
| Read More...(Source: - Sun, 18 Jul 2010 00:00:00 EDT) |
| U.S. stocks' gain boosts S&P 500-stock index to biggest weekly rally in a year |
| U.S. stocks gained for four consecutive days, giving the Standard & Poor's 500-stock index the biggest weekly rally in a year as retailers eased concern about the economy and the International Monetary Fund raised its growth forecast. |
| Read More...(Source: - Sun, 11 Jul 2010 00:00:00 EDT) |
| Dow has first seven-day loss since 2008 |
| U.S. stocks plunged last week, giving the Dow Jones industrial average its first seven-day loss since 2008, after reports showed slower-than-estimated growth in jobs and factory orders. |
| Read More...(Source: - Sun, 04 Jul 2010 00:00:00 EDT) |
| U.S. stocks fall after new-home sales sink to record low |
| U.S. stocks fell, with the Standard & Poor's 500-stock index dropping four consecutive days, after new-home sales sank to a record low and the Federal Reserve said European indebtedness could harm American growth. |
| Read More...(Source: - Sun, 27 Jun 2010 00:00:00 EDT) |
| U.S. stocks rise for second straight week |
| U.S. stocks rose last week, capping the market's biggest two-week rally since November, after New York area manufacturing expanded and Europe's efforts to contain its debt crisis bolstered confidence in the global economy. |
| Read More...(Source: - Sun, 20 Jun 2010 00:00:00 EDT) |
| China, Fed chief send S&P to 3-month high |
| U.S. stocks rose last week, pushing the Standard & Poor's 500-stock index to the biggest weekly advance since March, as China's exports jumped the most in six years, Federal Reserve Chairman Ben S. Bernanke said the economic recovery is intact, and commodity prices rallied. |
| Read More...(Source: - Sun, 13 Jun 2010 00:00:00 EDT) |
| Jobs report drags stocks to 4-month lows |
| U.S. stocks fell last week, dragging benchmark indexes to four-month lows, as weaker-than-estimated jobs growth and a worsening European debt crisis fueled fears the economic recovery is in jeopardy. |
| Read More...(Source: - Sun, 06 Jun 2010 00:00:00 EDT) |
| Dow Jones industrial average has its second-worst May in history |
| The Dow Jones industrial average ended the month down the most for any May since 1940 as a downgrade of Spain's debt rating and escalating tensions on the Korean Peninsula triggered a flight from riskier assets. |
| Read More...(Source: - Sun, 30 May 2010 00:00:00 EDT) |
| U.S. markets still rattled by Europe |
| U.S. stocks fell last week, sending the Standard & Poor's 500-stock index to a three-month low, on growing uncertainty over European leaders' plans to halt the debt crisis and economic data that raised doubts about the strength of the economic recovery. |
| Read More...(Source: - Sun, 23 May 2010 00:00:00 EDT) |