Investors are yanking millions out of the hedge fund industry, fourth quarter data shows. The trend will continue unless hedge funds start performing more effectively.
Newt Gingrich has suggested a flat tax rate of 15 percent, which he now proposes to call the “Romney Tax.” But Newt Gingrich's proposal won't happen because a complex tax code provides cover in which to hide special favors and privileges for the rich.
Single family housing permits, the most leading of indicators, increased 1.8% from last month, but the environment for new home sales remains weak
The eurozone needs an enforcer who can tell lawmakers what they don't want to hear: They have to let some eurozone nations fail and make sure eurozone banks don't.
Romney's 15 percent is the going rate on capital gains and dividends, which is where he gets the bulk of his income (along with many others in the top income brackets).
Santorum would cut taxes for nearly all households making $40,000 or more. But the impact on the deficit would be enormous: Santorum would cut taxes by roughly $1 trillion in 2015 alone.
Conventional wisdom says that the economic meltdown happened because of lax regulations on the nation's largest banks. It may be just the opposite.
The number of people seeking unemployment benefits dropped by 50,000 applicants to 352,000–the lowest since April 2008
If states were characters from Aesop’s Fables, they’d be more grasshopper than ant. With a little help from the federal government, maybe more states could find their inner ant.
“Initial” unemployment dropped 50,000 to 352,000 claims, while seasonally adjusted “continued” claims declined by 215,000
The latest housing market index shows that all measures increased in January, propelling the composite HMI index to its highest level since 2007
The numbers are clear: if you wash on hot, you’re dumping water and money down the drain.
Mitt Romney claims to be "concerned" about the poor, but his policy proposals would seriously damage the social safety net that helps the country's poor survive.