Finance

The steady increase in the rise of the price of gold faltered on Tuesday during intense trading before Christmas. At the Comex division of the New York Mercantile Exchange, Gold for delivery in February dropped by $2.70 to a total of $1,383.40 for an ounce. It has traded as high as $1,393 and as...
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On January 4th, 2011 The Internal Revenue Service announced an extension of the deadline for filing federal taxes for the 2010 year of income. The new filing deadline was given as Monday, April 18th, 2011 for filing and paying taxes owed for that year of income. This change was made because the District of...
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It is usually the last step in the downward financial spiral of an individual or business. When it seems impossible or highly improbably that a debtor can repay their creditors, bankruptcy offers a final chance to address the problem. A few years ago, laws were changed. New requirements including a means test and taking...
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The Obama Administration has given the green signal to 13 oil companies to resume deep water drilling for oil off the Gulf of Mexico. The approval comes more than seven months after a moratorium on such drilling was put in place following the explosion on British Petroleum’s Deepwater Horizon drilling rig last April. The...
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On Tuesday, oil prices began to drop after reaching their twenty-six month high recently. This was the result of investors second guessing themselves, believing that the cost of oil had risen too steeply, and too fast. The benchmark oil for February dropped by $2.55, which was about three percent. On the New York Mercantile...
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When looked at overall, 2010 appeared to provide decent returns for those invested in the stock market throughout the year. While the end of year returns were very nice, almost all of the return for the year occurred in the last quarter, fueled by a large push higher into the end of the year....
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The Obama Administration has given the green signal to 13 oil companies to resume deep water drilling for oil off the Gulf of Mexico. The approval comes more than seven months after a moratorium on such drilling was put in place following the explosion on British Petroleum’s Deepwater Horizon drilling rig last April. The...
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Recently, AM Best Co confirmed its debt and credit ratings for insurance giant American International Group Inc, better known as AIG. The ratings spread to its many subsidiaries as well, including US property-casualty and life-health insurance companies. These included AIU Insurance Co, American General Property Insurance Co, Chartis US Insurance Group, and SunAmerica Financial...
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The steady increase in the rise of the price of gold faltered on Tuesday during intense trading before Christmas. At the Comex division of the New York Mercantile Exchange, Gold for delivery in February dropped by $2.70 to a total of $1,383.40 for an ounce. It has traded as high as $1,393 and as...
Read More »

Is now the time to buy gold? This week, gold prices fell slightly as investors sought to take profits over the Christmas holiday. Gold prices have skyrocketed in the past decade, setting a record high of $1,432.50 on December 7. The precious metal is set to make its tenth straight annual gain this year....
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