MoneyNews
July 13, 2008
Jim Cramer, the often loud and always bullish host of a popular CNBC show, is now bearish.
Cramer frequently tells his audience that he believes there is always a bull market somewhere, and it’s his goal to help them find it.
“But this time is different; it’s doom itself,” Cramer recently wrote in New York […]
Capital Gains Rates
The maximum federal tax rate on capital gains is 15%, whereas wage income is taxed at 35%. Then Wisconsin income taxes are added on top of that - up to an additional 6.75%. A total of over 40%. In all the dreaded capital gains tax that haunts many a new investor is […]
US foreclosure filings surge 53 percent in June
Thursday July 10, 10:36 am ET
By Alan Zibel, AP Business Writer
Foreclosure filings continue to rise as US housing crisis drags on WASHINGTON (AP) — The number of homeowners stung by the rout in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 […]
08:11 AM CDT on Monday, July 7, 2008
By STEVE BROWN / The Dallas Morning News
The mortgage meltdown that started out with mostly moderate- and low-income borrowers has spread to more affluent homeowners.
Foreclosures of million-dollar-plus houses are the fastest-growing segment of the Dallas-Fort Worth distressed home market, according to a new study.
More than 70 residences that […]
BY SUSAN GALLAGHER
THE ASSOCIATED PRESS
ASPEN, CO
HELENA, Mont. — The Forest Service has rejected a plan for a proposed resort just south of Missoula, but the developers say they are undeterred and will revise their proposal to the agency’s satisfaction.
The plan for Bitterroot Resort is unacceptable because of potential effects on wildlife, soil, water and scenery, […]