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Obama arrived in Beijing Monday, but don't expect anything to get resolved. The U.S.-China economic relationship has become way too complicated and contradictory for simple solutions. (See pictures of Obama's trip to Asia.)
Under the program, the federal government subsidizes the bond payments that local governments make to investors, boosting the yield by 35%. So a typical muni bond that would normally pay 4.5% yields nearly 7% if it is issued through the Build America Bond program. The higher payments don't hurt...
Thanks in part to these forecasted cuts in spouse-to-spouse gifting, Beemer is predicting a 2.9% drop in holiday retail sales, compared with a 2.7% drop a year ago. "I know some analysts are predicting positive numbers, but I just don't see it working out as well," he...
Of course, attractive deals can always trump fiscal responsibility. And plenty of retailers are offering incentives for husbands and wives to stuff each other's stockings. "In general, retailers realize that shoppers don't have as much money," says John Vincent, founder of BlackFriday.info. "They know you're not going...
The meltdown in the credit markets, the housing collapse, the weak U.S. dollar and depressed consumer confidence have all taken a particularly harsh toll on small businesses. Many small companies rely on credit cards for capital because they don't have access to debt or equity capital as public companies...