Wealth
Gold tipped for sharp rise
The price of gold could rise as high as $2,000 per ounce in 2009.
Poll: Americans oppose auto bailout
The majority of Americans believe that automakers do not deserve to receive government funds, according to the results of a new survey.
Housing industry to join the bailout line
First, it was the financial industry requesting federal funds. Next, automakers said they needed a bailout, too. And now, the housing sector is apparently gearing up to ask the government for a $250 billion rescue package.
House prices continue to drop
Those who hoped that the rising value of their property would help see them through their golden years may have already started re-evaluating – now, new figures show the slide in house prices is continuing.
Obama aide says he may postpone repeal of tax cuts
During the recent hard-fought presidential campaign, Barack Obama repeatedly promised that he would put an end to tax cuts for wealthy Americans that had been put in place by President Bush.
Citigroup receives government bailout
An additional $20 billion of taxpayer money is set to be given to Citigroup in an effort to prevent the banking giant from collapsing.
More people register for unemployment
The number of people newly registering for unemployment benefits reached its highest level in the past 16 years last week, according to figures from the Labor Department.
Govt mulls change in retirement account withdrawals
As the economic downturn continues to challenge the savings plans of millions of retirees, the government is considering changing the rules governing retirement account withdrawals.
Mitt Romney: Auto bailout would be a disaster
Former Massachusetts Governor Mitt Romney has warned against bailing out Detroit automakers, recommending that the government let them go bankrupt instead.
Retirees ‘less confident’ about their nest egg
The proportion of middle aged and older people who admit they are not confident they have enough money for retirement has risen, a new survey reveals.
You can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.
