President-elect Barack Obama arrived on Capitol Hill yesterday and immediately set to work reassuring skeptical Republicans about his massive economic stimulus package -- part of a campaign that earned him praise for seeking their input but questions from those averse to hundreds of billions of dollars in new spending.
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- 30 Ukraine: Russia not pumping enough gas for EU transit (at Reuters)
- 30 Stimulus hopes versus bad data (Reuters)
- 21 China targets big websites in Internet crackdown (at Reuters)
- 16 Stroz Friedberg Establishes E.U. Presence with Data Genetics International Purchase (Business Wire)
- 16 Russia to reduce European gas flows via Ukraine (at Reuters)
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Obama Pitches Stimulus Package to House Republicans
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U.S., Germany mull tax cuts (Reuters)
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The prospect of new tax cuts in the United States and Germany injected a measure of New Year cheer on Monday, even as automakers wrapped up 2008 as their worst in more than 15 years with yet another month of slumping U.S. sales.
Read more »Clever Madoffs Mailed $1 Million Of Jewels To Family, Friends
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Now we know why the prosecutors freaked out over revelations that the Madoffs sent some family jewels off to friends. These weren't a few cheap baubles that they wanted to preserve for memory's sake. They sent $1 million worth of jewelry... through the US mail.
Who sends $1 million in jewelry in the mail, except for someone covertly trying to move and protect assets they know they shouldn't be touching?
Created by advisor
4 hours 48 min ago – Made popular 2 hours 47 min ago
Category: Finance News Tags:
Category: Finance News Tags:
Why Are Chrysler Employees Feeling Helpless? Try 53% Sales Decline
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Today CNBC discovered Glassdoor.com, a site for employees to bitch about their CEOs and company culture. They ran a special segment on Chrysler, and the sense of hopelessness among employees, as evidenced by comments like these:
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Created by advisor
4 hours 47 min ago – Made popular 2 hours 47 min ago
Category: Finance News Tags:
Category: Finance News Tags:
Economists seek solutions, signs of life in housing
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SAN FRANCISCO (Reuters) - Top economists at the Allied Social Sciences Association's annual meeting have been searching -- in some cases, in vain -- for signs of life in the U.S. housing market, a key element for busting the country out of a deep economic downturn.
Read more »A guide to mutual fund fees
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-- In a tough investing climate mutual fund investors should take note of what investing fees they're being charged. Costs associated with an individual investor's transactions and account are listed in a fee table, located near the front of a fund's prospectus, under the heading "Shareholder Fees."
Read more »Take control: Understanding investing fees
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DES MOINES, Iowa -- Dismal market performance in 2008 has many investors thinking about a new investment strategy for the coming year _ a key element of which should be to slash investment fees.
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