by | Sep 16, 2010 | Towing
Initial jobless claims fell to a two-month low of 450,000, confounding analyst expectations.
Jobless claims dipped 3,000 in the week ending Sept. 11, the Department of Labor said. The revised figure for the previous week was 453,000.
Analysts polled by Reuters forecast claims rising to 460,000.
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“The labor market is slowly getting back on track,” Ryan Sweet, a senior economist at…
Continue reading Jobless Claims Fall to Two-Month Low
Jobless Claims Fall to Two-Month Low originally appeared on DailyFinance on Thu, 16 Sep 2010 08:37:00.
Filed Under: Economy, Taxes, Careers, Retail
by | Sep 15, 2010 | Towing
A new study says that Americans between the ages of 32 and 64 are $6.6 trillion short of the amount they need to retire.
Continue reading Americans Face $6.6 Trillion ‘Retirement Income Deficit’
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by | Sep 15, 2010 | Towing
Investor Wilbur Ross will buy Ireland’s troubled Education Savings Bank as part of a consortium with private equity outfit Carlyle and Dublin-based Cardinal Group.
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The consortium will close the deal for the bank, which has about $15 billion in deposits, as soon as next week, Ross told CNBC.
The consortium will “buy the bank and pour capital into it”, CNBC reported.
The Irish bank…
Continue reading Wilbur Ross, Carlyle Will Buy Ireland’s Education Savings Bank
Wilbur Ross, Carlyle Will Buy Ireland’s Education Savings Bank originally appeared on DailyFinance on Wed, 15 Sep 2010 07:49:00.
Filed Under: Company News, People, Investing, Taxes, Credit
by | Sep 14, 2010 | Towing
The nation’s largest bank is reportedly considering a plan to sell or wind down several non-core assets that could be worth more than $100 billion. Bank of America collected $10 billion in the second quarter after the sale of s…
by | Sep 14, 2010 | Towing
The big attraction of master limited partnerships is tax-favored dividends. MLPs can be generous — now around 6% to 10% — because they don’t have to pay federal income taxes if they pay out most of their cash flow to sharehol…
