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Business Highlights

Source: San Diego Local News 1, Dec 12 2012, 4:52pm CST

Fed sends clearer signal on keeping rates low The Federal Reserve sent its clearest signal to date Wednesday that it will keep interest rates super-low to support the U.S. economy even after the job market has improved. The Fed said it plans to keep its ...

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10

1 hour ago

Wonkbook: The real damage the CBO did to the case against immigration reform

Source: The Washington Post  |   Jun 19 2013, 8:07am CDT

Welcome to Wonkbook, Ezra Klein and Evan Soltas’s morning policy news primer. To subscribe by e-mail, click here . Send comments, criticism, or ideas to Wonkbook at Gmail dot com. To read more by Ezra and his team, go to Wonkblog . Congre ...

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9

1 hour ago

Mortgage rates climbing as Fed consider ending stimulus efforts

Source: San Antonio Business Journal  |   Jun 19 2013, 7:24am CDT

Mike W. Thomas covers technology/telecom, military, finance, regulatory issues as well as nonprofits/education. Mortgage interest rates rose last week to their highest point in a year, according to the Mortgage Bankers Association. After remaining at r ...

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8

2 hours ago

How to Make the Fed Pay You

Source: Motley Fool  |   Jun 19 2013, 6:50am CDT

Shmulik is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. mREITS make their living by borrowing money at low, short-term interest rates and ...

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7

2 hours ago

Noonan says income tax hikes should be avoided

Source: Irish Times  |   Jun 19 2013, 6:25am CDT

Minister for Finance Michael Noonan today joined his Fine Gael colleague Richard Bruton emphasising the need to avoid any further income tax increases in the Budget. Speaking to journalists at a conference on taxation and the economy ...

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Update
6

3 hours ago

Immigration Law: Flaws with CBO Analysis on Federal Budget

Source: 24x7 Wall St.  |   Jun 19 2013, 5:14am CDT

There was tremendous excitement among members of Congress and then the general public when the Congressional Budget Office (CBO) released data that showed that “enacting S. 744 would generate changes in direct spending and revenues that would decrease fe ...

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Update
5

5 hours ago

CBO: Immigration bill could cut deficits by $175 billion

Source: Boston Channel.com  |   Jun 19 2013, 3:31am CDT

A bipartisan Senate bill that would create a path to legal status for many of the 11.5 million undocumented immigrants in the United States could reduce deficits by $175 billion over the first 10 years and by at ...

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Update
4

10 hours ago

Mecklenburg commissioners approve 2.35-cent tax increase

Source: NCB-WCNC Charlotte  |   Jun 18 2013, 10:38pm CDT

Mecklenburg commissioners formally approved a $1.7 billion budget with a 2.35-cent tax rate increase Tuesday night, but not without great theater – and rhetoric. During the pre-vote debate, commissioners evoked the na ...

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Update
3

11 hours ago

RI Assembly leaders unveil state budget, with 38 Studios payment

Source: Providence Journal  |   Jun 18 2013, 9:20pm CDT

PROVIDENCE, R.I. -- The General Assembly's Democratic leaders unveiled a new state budget on Tuesday that includes the first direct -- and highly controversial -- taxpayer payment for the state's failed $ ...

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Update
2

16 hours ago

Economic Scene: Making the Case for a Little More Inflation

Source: The New York Times  |   Jun 18 2013, 4:35pm CDT

I was in Brazil in the early 1990s, when annual inflation topped 2,000 percent and Brazilians spent their entire paychecks as soon as they got them, buying a month’s worth of food and other supplies before their money lost most of i ...

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Update
1

17 hours ago

Budget commitee estimates tax revenues will be higher than expected

Source: WKSU  |   Jun 18 2013, 3:56pm CDT

The World The World brings one-of-a-kind international stories home to America. Host Lisa Mullins guides listeners through major issues and stories, linking global events directly to the American agenda. 8:00 BBC World Service For over 70 yea ...

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