Bank of America stock has been snapped up by Warren Buffett. News of his $5 billion investment sent Bank of America stock soaring.
Obama’s three-day bus tour of the Midwest wrapped up in front of mostly friendly audiences in small rural Illinois communities. The president talked of jobs, political pledges, and county fairs.
Warren Buffett said publicly that the super-rich are being 'coddled' by the US tax code. The president says he agrees with Warren Buffett.
Warren Buffett says he pays less in federal taxes than lesser paid Americans. Where do Warren Buffett's numbers come from?
The Dow closed down 634 points, the S&P 500 lost 79 points, and the Nasdaq ended 174 points lower. For every stock that rose at the New York Stock Exchange, more than 69 fell.
Bank of America and others plan to raze repossessed, vacant homes in some cities. Is demolition really an ethical solution?
Means testing is the missing element in ongoing debt talks. Reducing Social Security and Medicare benefits for higher-income retirees would enable the US to continue funding these programs. Politicians must have a discussion on where to draw the line.
Retirement contributions, especially if your employer is matching them, can be tempting to make. But how can you decide whether saving for retirement should take priority over paying off loans?
Big business complains about corporate tax rates. But corporate taxes fund the infrastructure that the private sector depends on. Try starting a business without it.