Watch Out For Interest Rate Hikes If United States Credit Rating Cut Author: The Street
Standard & Poor's has already fired a warning shot by downgrading the U.S. long-term credit outlook, and consumers, investors and business owners relying on debt financing should prepare themselves for what could be on the way. A lower credit rating on U.S. debt would lead to higher interest rates for everyone. For more on this, continue reading the article from The Street below.
|
Unacknowledged Inflation Hurts Consumers Author: Kerri Shannon
Rising prices at the pump and the grocery store are taking a toll on consumer spending. The Fed continues to ignore these rapidly rising prices and instead bases inflation on the consumer price index which excludes food and energy prices.
|
Tips on Avoiding Excessive Taxation Author: Mark Nestmann
As new taxes and mounting debt begin to add up, now more than ever is the time to evaluate how and where we hold our money. What kind of taxes you pay often depend on knowing where your money is.
|
Understanding Fear and Love in the Gold Trade Author: Frank Holmes
Gold is dominated by two main factors: the fear and love trades. The fear trade involves those concerned with a country’s real negative interest rates and deficit spending which can lead the public to flock to gold. The love trade refers to gold’s unique status worldwide as a gift and its demand in emerging economies.
|
IRS Addresses Secondary Market For Life Insurance Author: Morrison & Foerster LLP
The secondary market for life insurance has been growing rapidly, and of course the government wants its piece of the new industry.
|
Ten Things To Know Before You Sign That Contract Author: Frederic R. Abramson, P.C.
Like them or not, Contracts are an unavoidable part of doing business. One thing is for certain, though, you will like contracts a lot less if you are unfamiliar with how they work, or how to ensure that they protect you.
|
In Tough Times, Take Stock of Your Mental Health Author: Nellie Day
We’ve all been glued to our newspapers, computers and TV sets reading about the latest updates on the economy, our investments and, ultimately, our fates. News reports are riddled with foreboding phrases like “no end in sight,” “it’ll get worse before it gets better,” “the good times are over” and so on. Naturally, the current state of the economy has many people worried.
|
Prosper Returns to Peer-to-Peer Lending Marketplace...And Then Exits Again Author: Allison Landa
After a six-month quiet period, the website Prosper has returned to the peer-to-peer lending marketplace. The hiatus was due to the company’s registration with the Securities and Exchange Commission (SEC).
|
Five Things to Consider Before Consolidating Retirement Accounts Author: Hazel Becker
Consolidating your retirement money into as few accounts as possible is an admirable goal. As is often true with taxes, though, it’s not easy to accomplish unless you know the rules. Here are some things you need to know about before proceeding.
|
Settlement Offered By IRS To Owners Of Secret Offshore Accounts Author: Manatt, Phelps & Phillips, LLP
People are always looking for ways to avoid paying taxes, and one of the ways wealthy people have avoided taxes over the years is through secret offshore bank accounts. One of the most popular locations for these bank account is Switzerland — thanks to their bank secrecy laws. However, the U.S. appears to be close to retrieving the names of these account holders, and is offering one last chance for them to come clean and report their accounts — or else face criminal charges.
|
|
