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Citi's Q1 profit falls 32 percent on lower loans
17:04:43 | 18/04/2011 - Source: Seattle Post-Intelligencer
In this April 13, 2010 file photo, a branch of Citibank in... NEW YORK - Citigroup's first-quarter income fell 32 percent on lower revenue from investment banking and a decline in consumer loans.
Super rich see taxes drop while nearly half of U.S. households pay no federal income tax
13:59:45 | 18/04/2011 - Source: The Plain Dealer
Still scrambling to file your taxes? You'll probably take little consolation in hearing that the super rich pay a lot less taxes than they did a couple of decades ago.
For Super Rich, Taxes Keep Falling
10:50:06 | 18/04/2011 - Source: KBOI-AM Boise
With Monday the last day for Americans to file their tax returns, the super wealthy can look forward to paying significantly less than they would have two decades ago.
06:40:27 | 18/04/2011 - Source: EDGElosangeles.com News Feed
Today, the Department of Housing and Urban Development announced a series of ads promoting equal opportunity in housing that will run throughout the year and include Facebook ads, targeted print ads, digital videos, and podcasts as part of its new "Live Free" campaign.
Household costs hitting Aussies: survey
05:40:39 | 18/04/2011 - Source: The West Australian
The rising cost of essentials such as health care, utilities and fuel means more households are struggling to keep on top of their bills, a financial survey says.
8 ways to put your tax refund back into your home
01:31:05 | 18/04/2011 - Source: WTVF Nashville
This year, invest your tax return in your home for some long-term returns. It's tax time again and 66.2% of Americans are expecting a refund.
End of QE2 has some investors fearing fall in June
22:16:15 | 17/04/2011 - Source: Times Leader
Could the financial markets be heading for a June swoon? The answer likely hinges on what happens after the Federal Reserve's $600 billion effort to boost the economy expires.
Super rich see federal taxes drop dramatically
09:52:25 | 17/04/2011 - Source: KansasCity.com
As Monday's tax filing deadline nears, ponder this: The super rich pay a lot less taxes than they did a couple of decades ago, and nearly half of U.S. households pay no income taxes at all.The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year.
Editorial: Detroit Free Press editorial: Levin zeroes in on financial industry
21:03:46 | 16/04/2011 - Source: Detroit Free Press
A tip of the hat to Michigan's Carl Levin, who as chair of the Senate's Permanent Subcommittee on Investigations has taken one of the most thorough -- and critical -- looks at the underpinnings of the 2008 financial crisis.
Democratic budget plan includes severance tax
16:54:13 | 16/04/2011 - Source: Daily and Sunday Review
A state budget plan offered by Democratic senators last week includes a tax on Marcellus Shale gas production, but the caucus is proposing other actions to head off deep cuts in state aid for education, health care and social services.
BofA finds it hard to shake off mortgage troubles
12:44:46 | 16/04/2011 - Source: Salon.com
Bank of America Corp. is still trying to shake off troubles arising from mortgages written during the housing bubble.
U.S. bank failure tally hits 34
08:35:08 | 16/04/2011 - Source: MarketWatch
Regulators closed six U.S. banks including the principal subsidiary of Superior Bancorp.
G-20 nations reach agreement on imbalances
04:15:45 | 16/04/2011 - Source: Modesto Bee
The world's major economies reached an agreement Friday on how to measure and prevent the types of dangerous imbalances that contributed to the worst global downturn in seven decades.
Morgan Stanley fund fails to repay debt on Tokyo property
00:01:27 | 16/04/2011 - Source: WNFL-AM Green Bay
A Morgan Stanley property fund failed to make $3.3 billion in debt payments by a deadline on Friday, handing over the keys to a central Tokyo office building to Blackstone and other investors, the largest repayment failure of its kind in Japan.
BofA's income falls 39 percent, misses estimates
20:01:20 | 15/04/2011 - Source: Daily Herald
Bank of America's first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses.