July marked a fourth consecutive month of slight gains in home prices in its surveys covering major cities across the nation, researchers who put together the widely watched S&P/Case-Shiller Home Price Indices just reported.The researchers' 10-city and 20-city composite indexes each rose 0.9 per
Three years ago this month, chaos ruled in financial markets.Huge financial companies, such as Lehman Brothers, Merrill Lynch and AIG were stumbling, and government officials were scrambling to prevent a global financial meltdown.
The economic news has been nothing but grim lately: weak expansion, sluggish consumer spending and unemployment holding steady at just over 9 percent.Overseas, the picture isn't any rosier, with Greece expected to default on its debts — possibly followed by Portugal and Ireland — and the Internation
The once rare possibility of a federal government shutdown has reared its head again — this time over House Republicans' desire to offset spending for disaster relief with money for other, unrelated projects.A clean car loan program has become a key battleground.
Not since the era of the stock market crash of 1929 have taxes been as low as they are now on capital gains, which are the profits made from investments. The same 15 percent tax rate applies to stock dividends — that's the lowest it's ever been.