Word: number
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...only are tax refunds up this year; so too are the number of people receiving them. Some 82% of filers have gotten money back, up from 78% last year. Accounting for the increases, the IRS says, are more generous tax credits for things like children living at home, first-time homebuyers and late claims related to those 2008 stimulus checks. Meanwhile, the recession and slumping incomes have rendered more people eligible for such credits. The larger refunds are a welcome boost for the economy. In all, the Federal Government has cut refund checks totaling $259 billion - up 17% from...
...country's auto parts suppliers. They are facing extended plant closings at all three of the car companies and the bankruptcy filing of Chrysler. Pushing GM into court and risking an extended fight could cut the flow of orders to suppliers by enough that it would ruin a large number of the businesses. These businesses supply the assembly lines of foreign and domestic car manufacturing facilities around the country. The suspension of building vehicles will actually help The Big Three reduce inventory, but that is a short-lived benefit that ends the moment the companies need to begin to begin...
...York Times has pointed out the amount of money owed to creditors at GM, some $27 billion, is about four times the amount that Chrysler had to deal with. The paper writes "General Motors' creditors number in the tens of thousands and include pension funds that bought the company's unsecured bonds." Will a court have more pity for that multitude than it would the few large firms that were Chrysler's creditors? Probably not, if justice is blind. Still, GM's list of bondholders is long enough so it could slow the pace at which a judge would...
...government will become the largest shareholder in GM and the UAW will be the largest shareholder in Chrysler. Why would taxpayers want to have a controlling interest in a large auto company along with the portfolio of investments that their elected officials have purchased for them at a number of big banks? The issue is a red herring. In the case of Chrysler and GM, federal money is going into the companies and has to be paid back if the restructuring of the American auto industry is going to be successful. Whether that is a debt repayment at Chrysler...
...number of the large countries that make up the E.U. began to form political and military and alliances after WWII and these expanded as the Soviet Union dissolved. Through the current financial crisis there has been very little coordinated economic policy among these same counties even though some of the economically weaker ones would certainly benefit from a program to shore up the financial health of the region by providing a pool of capital for temporary...