Wealth
Obama tax hikes may total $2.2 trillion
There has been no shortage of critical voices in response to President Obama’s new budget proposal, and one organization claims there may be more than a trillion dollar in hidden taxes.
Value of pension funds continues to fall
A new survey has revealed that the funding status of moderate risk pension portfolios fell by more than six percent in February.
McConnell to Congress: Take caution before spending taxpayers' money
Senate Minority Leader Mitch McConnell has warned Congress not to rush plans for an early 2009 stimulus package, in order to avoid "wasting" taxpayers’ money.
Greenspan: Banks need capital for recovery
Alan Greenspan may be currently taking some heat as the man whose policies enabled financial institutions to lend irresponsibly, but he has faith in the U.S. market to recover within the next year – as long as banks receive the capital they need.
Could we be facing another Great Depression?
International economists are warning that unless the U.S. economy sees signs of a turnaround in the near future, the country could be headed for a deeper recession – or even a depression.
Obama budget unrealistic, says RNC
The Republican National Committee has blasted the Democratic administration’s $3.6 trillion budget proposal as too lavish and based on unrealistic economic expectations.
Stimulus package provisions for retirees
In the current economic conditions almost everyone could use an economic stimulus, and analysts have identified provisions that can benefit America’s retirees.
Ideas for managing wealth in a tough economy
During the current recession everyone can benefit from a piece of sound economic advice, and one industry group is offering its own insights into managing wealth during turbulent times.
New analysis estimates losses to retirement accounts
A study conducted by the Employee Benefit Research Institute has measured the impact of the financial crisis on 401(k) accounts.
Gold's winning streak continues
As stock markets sink following the signing of the economic stimulus package, precious metals are seeing the highest prices in many months.
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