From a tax standpoint, dumping losing-money security prior a year end is not a bad idea. The tax advantages of setting your gains against your losses can be enormous as long as you follow all the rules and implement a few tricks of the trade.

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Historically stocks of small-cap companies had seasonal tendency of outperforming the large-caps around the turn of the year, specifically during January. The existence of this January Effect of stock market return has been widely known. In back testing, [More...]

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Investors are cautious as stock markets are entering their seasonal, puzzling September. It has been known that September is historically the worst month for stocks. Lehman collapse in September last year is still fresh in investors’ memory. The collapse [More...]

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The revised reading on gross domestic product (GDP) showed the economy from January through March didn't fall as deeply as the 5.7 percent annualized decline reported a month ago. Instead, the economy tumbled at a 5.5 percent pace in the first quarter.

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Loan delinquency rate of U.S. banks stood at 4.6 percent in the last quarter 2008. That's the highest delinquency rate since 1992 in the aftermath of the savings & loan crisis.

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The Bank of England cut its key rate by an unexpected 1.5 percentage points Thursday to 3 percent, its lowest since 1955, in anticipation of deep recession.

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As shoppers cut back, U.S. retail sales fell 1.2 percent in September. The 1.2 percent decline was the biggest in three years and was the first time sales had fallen three months in a row since early 1991.

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The world’s major central banks joined together to cut interest rates Wednesday to fight a spreading panic, which is endangering the flow of credit and the world’s economies

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U.S. weekly jobless claims remained at their highest level in seven years

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Credit-card issuers have been decreasing credit limits, hiking rates, and tightening credit card standards in the current credit crunch following the sub-prime meltdown.

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U.S. stocks tumbled on Wednesday, July 09, sending Standard & Poor's 500 Index into its first bear market territory since 2002. The slump was led by financial and technology stocks facing escalating fears about the impact of the slowing economy, the [More...]

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It’s never too late to start saving for your future. You should begin set aside your cash for retirement as early as possible. You can’t rationally anticipate retiring in comfort unless you save.

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Wouldn't it be great if, after attending an event -- like a wedding -- at which friends and family took digital photos and videos, everyone could contribute to the same online album? It would be even better if everyone could access the album through a [More...]

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June 2 (Bloomberg) -- Leave it to Wall Street to profit from its own distress. Merrill Lynch & Co., Citigroup Inc. and four other U.S. financial companies have used an accounting rule adopted last year to book almost $12 billion of revenue after a [More...]

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Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.

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