All the latest finance news from the USA:
- IRS to go easier on tax settlements
IRS Internal Revenue Service agents will be more flexible with taxpayers who have seen their incomes drop during the recession.
- Lower credit card debt traced mainly to charge-offs
Consumers fell further behind on bills in 2009, causing a surge in debt charge-offs, says Odysseas Papadimitriou, CEO of CardHub.com.
- Airlines launch 2-day summer airfare sale
Steep discounts are available to fliers in the next two days in what one industry analyst calls “the first big summer fare sale” …
- Once-fading MySpace undergoes youthful reincarnation
MySpace thinks it can survive even thrive as a repository for all things music, Avatar and Twilight for the under-35 crowd.
- Bank of America to deny debit card overdrafts
Bank of America plans to stop letting consumers overdraw checking accounts with one-time debit card transactions that also trigger …
- Stock market: Stocks rise on anniversary of bear-market low
Stocks advance in a tight range Tuesday, a year after major market indexes hit 12-year lows.
- ‘Country Driving’ takes readers on a journey through China
In contemporary China, the business of the country is business, and no Western writer captures the atmosphere quite like Peter …
- Job openings rise the most since March 2007
The economy generated jobs at a noticeably faster pace in January, the government said Tuesday.
- Chevron to cut 2,000 jobs, sell some overseas assets
Chevron said Tuesday it will cut 2,000 jobs this year and sell some overseas operations as it revamps its struggling refinery, …
- Class-action lawsuits could cost Toyota $3B-plus
Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 …
- EU urges U.S. to join in action against speculators
European officials urged the U.S. to join in a crackdown on speculators who bet against Europe’s currency union, warning they …
- Merkel says EU bailout fund would halt speculators
German Chancellor Angela Merkel said Tuesday that a European monetary fund to bail out eurozone nations in need would send a …
- Publix Super Markets recalls some seasoning mixes
Publix Super Markets, which has more than 1,000 stores in five Southern states, has voluntarily recalled four kinds of seasoning …
- For bond investors, it’s all about yield; how to find it
Q: Is there a good way to compare the yields being paid on different government securities, such as two-year and 10-year Treasuries? …
- Close to home: Knoxville’s housing market is picking up
The real estate market in Knoxville, Tenn., has weathered recent storms: those that dropped snow throughout the winter, and those …