Word: somes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Many credit BABs with reviving the muni-bond sector. Since the program was announced in mid-February, muni-bond interest rates, which are what local governments have to pay to borrow, have fallen dramatically. The typical municipality is now paying 3.7% when they issue a bond, down from as high...
It's likely however the program won't cost nearly that much. First of all, some of the people buying BABs are individuals, who will owe taxes, though not all of them are in the highest tax bracket. What's more, BABs are bringing down the yields of all muni...
"Build America Bonds are a big subsidy that is costly to the federal government," says Michael Ettlinger, a vice president for economic policy at the liberal think tank Center for American Progress. "At some point we may say this is a subsidy we can't afford, but for now this...
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...