Allow Tax Cuts For "95 Percent Of Taxpayers" But Not For The Wealthiest Few: Geithner
Letting Bush tax breaks expire would save $900 billion, says Treasury Secretary
| Published on 06 August 2010 |
by James McKinnon
(WireNews+Co)
Toronto, Canada
Demand for gold expanding in China, likely to double in decade
China's moves to free up its gold market open the way for foreign players and local banks to tap growing demand for the precious metal. Read more
US mortgage rates drop to record lows
Mortgage rates fell in the past week to the latest in a series of record lows amid concerns about the state of the economy, according to a survey released on Thursday by Freddie Mac. Read more
Geithner: Extending tax cuts for wealthy a mistake
Treasury Secretary Timothy Geithner said Wednesday that extending the Bush-era tax cuts for the wealthy would be a $700 billion mistake. Read more
Stocks fall after spike in US jobless benefits claims
Stocks are falling after first-time claims for jobless benefits rose unexpectedly last week. High unemployment in the U.S. remains one of the biggest worries for investors. Read more
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Posted 2010-08-06 07:13:00
