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Latest Category News| Web retailers, states tussle over tax rules
(AP)
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AP - In a big break for online shoppers, Web retailers generally don't have to charge sales taxes in states where they lack a store or some other physical presence.
Fri, 03 Jul 2009 01:07:58 GMT
| | Earnings to set tone for stocks in week ahead
(Reuters)
-  Reuters - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.
Thu, 02 Jul 2009 23:02:48 GMT
| | Fate of GM in hands of bankruptcy judge
(Reuters)
-  Reuters - A federal bankruptcy judge will decide the immediate fate of General Motors Corp's effort to quickly sell its best assets to a group funded by the U.S. government, after a three-day court hearing concluded on Thursday.
Thu, 02 Jul 2009 21:57:14 GMT
| | Bleak payrolls report mauls Wall St; volume thin
(Reuters)
-  Reuters - Stocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects.
Thu, 02 Jul 2009 21:47:56 GMT
| | U.S. job losses spike in June, dampen recovery hopes
(Reuters)
-  Reuters - U.S. employers cut far more jobs than expected last month and the unemployment rate hit 9.5 percent, the highest in nearly 26 years, underscoring the likelihood of a long, slow recovery from recession.
Thu, 02 Jul 2009 21:33:13 GMT
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