Restore Mortgages Announces, The Birth of The Zero Percent Mortgage: America’s Replacement For Eliminating The Mortgage Interest Tax Deduction If government is going to kill the mortgage interest tax deduction, then what will take its place for homeowners? Restore Mortgages Zero Percent Mortgage Program. According to Reason.com the elimination of the mortgage deduction tax [...]
Google Inc. CEO Larry Page’s traditionally frosty relationship with Wall Street turned into a warm embrace Thursday after the Internet search leader released strong financial results for its latest quarter. The results represented Page’s first report card since he became CEO at the start of the second quarter in April, ending the decade-long reign of [...]
With unemployment back up to 9.2 percent,as reported last week, the hunt is on for an explanation of why job creation has been so slow since the financial crisis of 2008. Some House Republicans think they have found a specific culprit: bank examiners. In the view of Representative Bill Posey of Florida and some colleagues [...]
Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, but underlying inflation pressures remain elevated. The Consumer Price Index fell 0.2 percent, the Labor Department said on Friday, the largest drop since June 2010, after rising 0.2 percent in May. Economists had expected [...]
Legal immigration to the U.S. has slowed considerably since the Great Recession began, according to a newly released report by the Paris-based Organization for Economic Co-Operation and Development. While previous years had seen net migration gains for the U.S. on the order of 5 percent, the 2009 fiscal year only saw a net migration increase of [...]
Major credit rating agencies have called the reliability of American government debt into question, warning that they could issue a punishing series of downgrades if Congress does not increase borrowing authority by early August. A downgrade of U.S. credit, unthinkable not long ago, is now a real possibility. Even a brief debt default would prompt Moody’s [...]
Of the 22 percent of Americans who want the federal government to raise the debt ceiling, less than a third say that “economic catastrophe” would result from not doing so, according to a Gallup poll released Wednesday. The poll examines Americans’ reasons for why they do or don’t want to see the debt ceiling raised. Only [...]
The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country’s coveted triple-A status. The response on Wall Street: So what? In Washington, the fight over whether to raise the [...]
Today’s news that Credit Suisse is being probed by the Department of Justice as part of a wider probe into foreign banks suspected of aiding tax evasion is the latest sign of a government crackdown on the illegal practice. In February, four current and former Credit Suisse bankers were charged with helping wealthy Americans avoid [...]
The economy is still suffering from the worst financial crisis since the Depression, and widespread anger persists that financial institutions that caused it received bailouts of billions of taxpayer dollars and haven’t been held accountable for any wrongdoing. Yet the House Appropriations Committee has responded by starving the agency responsible for bringing financial wrongdoers to [...]
Restore Mortgages Announces, The Birth of The Zero Percent Mortgage: America’s Replacement For Eliminating The Mortgage Interest Tax Deduction If government is going to kill the mortgage interest tax deduction, then what will take its place for homeowners? Restore Mortgages Zero Percent Mortgage Program. According to Reason.com the elimination of the mortgage deduction tax [...]
Google 2Q results show company thriving under Page
Google Inc. CEO Larry Page’s traditionally frosty relationship with Wall Street turned into a warm embrace Thursday after the Internet search leader released strong financial results for its latest quarter. The results represented Page’s first report card since he became CEO at the start of the second quarter in April, ending the decade-long reign of [...]
Are Bank Examiners to For Slow Job Growth?
With unemployment back up to 9.2 percent,as reported last week, the hunt is on for an explanation of why job creation has been so slow since the financial crisis of 2008. Some House Republicans think they have found a specific culprit: bank examiners. In the view of Representative Bill Posey of Florida and some colleagues [...]
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DVR making people loose track of time?
By Omar L. Gallaga Hey, do me a favor. Don’t tell me how the royal wedding of Prince William and Kate Middleton ends. I haven’t watched it yet. I’m assuming the deal was sealed? Every summer, after most of the TV shows my wife and I watch end their regular-season runs, I start descending the scroll-list [...]
Google+ is Pushing for Common Name Policy among its Users
Google+ has been on top of online discussions topics. After a month since the service has been launched it has received a lot of praise, speculations and criticisms from its chosen users. Google+ being on a beta testing mode has been launched on an invitational basis which they close registration after it receive massive response. [...]
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