Gold Price Bubble? Gold prices, what's ahead?
Stock Market Up and down, but when is the next bubble?
General Motors Corp. could be majority owned by the federal government under a massive restructuring plan laid out Monday that will cut 21,000 U.S. factory jobs by next year and phase out the storied Pontiac brand. The plan, which includes an offer to swap roughly $27 billion in bond debt for GM stock, would leave [...]
DETROIT–General Motors Corp (GM: 2.03, 0.35, 20.83%) on Monday announced plans to close plants, cut hourly workers and dealers and to eliminate its Pontiac brand in an effort to meet government demands for a quicker and deeper restructuring. The new viability plan was announced as GM filed plans for an exchange of $27.2 billion of [...]
U.S. automaker Chrysler LLC showed signs of progress with its unionized workers in its battle to stay alive on Sunday with just days left to complete deals to slash labor and debt costs or face bankruptcy. No. 1 U.S. automaker General Motors Corp (GM: 2.06, 0.38, 22.62%) is also restructuring in an effort to secure [...]
Mexico City closed schools across the metropolis of 20 million Friday after at least 16 people died and more than 900 others fall ill from what health officials suspect is a new strain of swine flu. World health officials worried that it could mark the start of a flu pandemic. The World Health Organization in [...]
BOSTON, Massachusetts — Friends and acquaintances of Philip Markoff, a medical student accused of killing a woman he may have met through a Craigslist online ad, described the 23-year-old as a model student. “My girlfriend actually rode the elevator with him a lot alone; it’s kind of freaking her out now,” said Patrick Sullivan, who [...]
U.S. home prices rose 0.7 percent in February from January, the first consecutive monthly gain in two years, a sign that low interest rates may be moderating declines in real estate values. Prices fell 6.5 percent in February from a year earlier, the second-smallest drop in six months, led by a 19 percent decrease in [...]
The chief financial officer of money-losing mortgage giant Freddie Mac was found dead in his basement early Wednesday morning in what police said was an apparent suicide. A law enforcement official familiar with the investigation said it was an apparent hanging. He declined to be identified because the investigation was ongoing. David Kellermann’s death is [...]
Sales of Apple’s iPhone are slowing as potential buyers await the long-rumored refresh of the popular smartphone. On Wednesday, AT&T released its financial results for the first quarter of 2009. Among the details of the report – which showed revenue to be essentially flat, year-on-year – was the news that iPhone activations have slipped to [...]
WASHINGTON–The U.S. Treasury’s plan to purge toxic assets from banks’ balance sheets is vulnerable to fraud and abuse and needs tough rules against conflict of interest, the government’s bailout watchdog said on Tuesday. Neil Barofsky, the special inspector general for the $700 billion Troubled Asset Relief Program (TARP: undefined, undefined, undefined%), said in a report [...]
How could you have missed that when you did your final filing review and hit “send” or dropped your return in the mail? What can you do about it now? As it turns out, plenty. The complexity of the tax code, coupled with the frantic lives most of us lead, means that there is ample [...]