Originally posted on CNNMoney

 

  Related Posts

The end of more than two years of job losses can’t come soon enough for most Americans.  Read More →

Of all the things keeping bankers up at night these days, the direction of interest rates may soon rank up there with loan losses and the heavy hand of the government.  Read More →

A new report warns the economic outlook “is likely to deteriorate progressively starting sometime next summer.” Over the shorter run, the paper argues the odds of falling into recession are relatively low. But over the next two years it appears the odds are only slightly better than even that an already-tepid recovery will continue.  Read More →

Changes in the tax law allow taxpayers to carry back losses up to five years if they elect to do so.  Read More →

The scope of the damage from the Gulf Coast oil spill is still hard to calculate, but here’s a grim tally: More than 23,000 workers and business owners along the Gulf Coast have filed claims so far for lost income.  Read More →

Weekly wages rose by just $6 in the past year, failing to keep up with the rise in inflation, according to a Labor Department report on second quarter earnings.  Read More →

The Federal Reserve predicts unemployment will stay high over the next two years because recession-scarred Americans are likely …  Read More →

Only half of workers who lost jobs during the recession found new ones. And in most cases those jobs paid less.  Read More →

Stocks cut losses but finished in the red Friday, ending a dismal month that saw the Dow Jones industrials suffer their worst May in 70 years, after a downgrade of Spain’s debt reminded investors that Europe’s economic woes continue.  Read More →

Losses occurring in a retirement account like an IRA are not considered capital losses.  Read More →

  Related Tweets from Twitter

  Related News from Digg