The prices of homes increased 0.8 percent last April because the tax credits of the government strengthened the housing market. According to the Standard & Poor’s/Case-Shiller-20-city home price index, home prices gained 0.8 percent. The prices fell down in the past six months but it has recovered by 0.8 percent. According to reports, 18 of [...]
BP reported this morning that it has already spent $300 million for the past three days to contain the oil spill in the Gulf of Mexico which makes its total bill to $2.65 billion. BP reported on Friday that their total bill reached to $2.35 billion. The amount includes the clean up because of the [...]
President Barrack Obama encouraged the congress to consider his proposal for a $90 billion as a 10 year tax on banks that he considers as a next step to improvement. President Obama wants to add a .15 percent tax on the liabilities of the biggest financial institutions in the U.S. recover the costs to taxpayers [...]
A tropical storm which is coming towards the Gulf of Mexico made the crews that are working on the oil spill leave the spot and delayed the oil spill fix. According to reports, that containment cap that is already there for weeks will stay but the efforts to complete the relief wells will be postponed [...]
A package of small business tax relief was approved on Tuesday by the House of Representatives. The small business tax relief is expected to produce a lot of job opportunities for the country. The bill will remove the capital gains taxes in small businesses. The bill passed with a vote of 247 over 170. It [...]
Solar and clean energy stocks bounced higher in U.S trading on Tuesday when the Euro strengthened as many investors looked forward to the evening address of President Barack Obama. According to reports, the bolster euro and the evening address of the President triggered the stock increase of solar and other clean energy on Tuesday. The [...]
A bankrupt businessman was charged of 14 felony counts last Friday because of a $3.5 million real estate scheme. The businessman took over some vacant houses and rented them out. Blair Hanloh, 46 years old, was charged with grand theft. He recorded false instruments and commercial burglary in the seizure of five houses in Dana [...]
According to analysts, the stocks are expected to end the highest this year. Analysts said that news around the world greatly affects the stock market. News like jobs are hard to come by, debt problems are staggering the different European countries and oil is spreading fast in the Gulf of Mexico are the common problems [...]
Global manufacturing slowed down in May but there was some assistance in the United States where there was slight evidence of an imminent decline. According to the data released on Monday, the manufacturing in the United States increased in May making a record of ten straight months. The exports and new orders are stable [...]
