Wealth
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.
Despite bailout, many brokers likely to get bonuses
With the average person footing the bill for the $700 billion bailout, taxpayers may be forgiven for feeling that bonuses for the heads of the largest financial services companies are not quite fair.
Boehner criticizes proposed auto bailout
Extending aid to struggling automobile manufacturers is not fair to taxpayers and does not make fiscal sense, House Republican Leader John Boehner has said.
Are gold investments losing their luster?
Gold prices fell for a second straight day on Wednesday, retreating to levels not seen since October.
Executive compensation plans come under fire
Taxpayers and lawmakers alike remain dismayed by large compensation packages for executives, particularly in light of last month’s unpopular $700 billion economic bailout bill.
Taxpayers to catch a break on ’09 returns – or will they?
Taxpayers could get a break on their 2009 tax returns due to inflation adjustments recently announced by the IRS.
Washington reacts to disturbing jobs outlook
An increasingly disturbing employment outlook is contributing to concerns about the long-term prospects for economic recovery.
Legal fees may add insult to injury for taxpayers
Taxpayers could find themselves footing the bill for much more than just bad mortgage and investment decisions, amid reports that some executives involved in the situation may be entitled to recover millions of dollars in legal costs from the government.
Economy Seen Struggling In The Short Term
The National Association for Business Economics is predicting that the economy will rebound in 2009 – but not before continuing to struggle in the short term.
Unstable markets could pay off for Roth investors
Ongoing instability in the stock market may offer a silver lining to those saving for retirement.
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