by | Oct 26, 2010 | Towing
The U.K. economy grew 0.8% in the third quarter, twice as fast as expected.
The construction sector helped drive the economy in the third quarter, enjoying its second straight quarter of strong growth, Reuters reported.
Economists had forecast that the economy would slow much more sharply following growth of 1.2% in the second quarter.
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“It’s much stronger than expected,” Alan…
Continue reading U.K. Economy Beats Estimates, Grows by 0.8%
U.K. Economy Beats Estimates, Grows by 0.8% originally appeared on DailyFinance on Tue, 26 Oct 2010 06:53:00.
Filed Under: Economy, Taxes, Currency
by | Oct 26, 2010 | Towing
During the depths of the recession in 2009, as millions of Americans lost their jobs, homes and life savings, the highest-paid earners in the United States saw their average incomes increase from $91.8 million in 2008 to a mind…
by | Oct 25, 2010 | Towing
As states grapple with increasingly squeezed budgets, the battle to collect sales taxes from retailing behemoth Amazon has heated up considerably over the past year. Now, Texas has raised the ante by hitting Amazon for four ye…
by | Oct 24, 2010 | Towing
Although you contribute after-tax money to a Roth, the withdrawals are tax-free, giving Roths an advantage over traditional IRAs. And from now till year-end, several unique conditions apply that make converting to a Roth even m…
by | Oct 22, 2010 | Towing
AIG (AIG) raised HK$138.3 billion ($17.8 billion) from the IPO of its main Asian unit, AIA, putting the troubled insurer on track to repay its U.S. government bailout.
AIG placed 7.03 billion shares at HK$19.68 a share, Bloomberg News said. The shares sold represent a 58% stake in the unit, AIA.
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AIG’s CEO Robert Benmosche has said that selling the shares will help put the company…
Continue reading AIG Raises $17.8 Billion with Hong Kong IPO
AIG Raises $17.8 Billion with Hong Kong IPO originally appeared on DailyFinance on Fri, 22 Oct 2010 06:39:00.
Filed Under: Company News, Investing, American International Group, Taxes, Insurance, Market News
