Tag Archives: Recession

Deseret Morning News, Lee Davidson: Hatch seeks higher deduction for investment losses

Lee Davidson raises many interesting points.

Amid the recession’s body-slam on stock-market prices, Sen. Orrin Hatch has introduced a bill to increase significantly the amount of capital losses that individual taxpayers may deduct in a year.

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Interesting Inflation News Links (May 02, 2009)

* Beware Bursting Fitness Balls (Miranda Hitti, CBS News)

Beware Bursting Fitness Balls If Fitness Balls Are Overinflated, They Can Explode; EB Brands Issues New Inflation Instructions

* Why Manchester United’s justification for ticket price rises is an insult (Ian Winwood, Mirror)

One of the few silver linings in the grey cloud of a recession is that you can at least be sure that the cost of living will not rise.

* Five financial decisions all retirees must make (Maggie Shoobridge, Mooresville Tribune)

When you’re working, you have a financial strategy that is largely based on one goal: saving money for a comfortable retirement. You’ll likely have to make many adjustments over several decades to ensure that you stay on track saving and investing. But once you retire, a new goal arises � investing so you can remain retired. To help yourself achieve this goal, you will need to make a number of…

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Interesting Inflation News Links (April 04, 2009)

* Inflation-proof your portfolio (Jon Birger, Money)

(Fortune) — With the economy mired in deep recession, inflation isn’t exactly a top-of-mind concern for most investors. After all, it’s hard to see how prices are going to get pushed up when consumers aren’t buying anything. Indeed, for many Wall Street economists, deflation seems to be the more immediate concern.

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Interesting Inflation News Links (April 03, 2009)

* Tax cut (Pam Boyd, Eagle Valley Enterprise)

The final numbers are in and 2008 wasnt quite as bad for sales tax collection in Eagle as feared.

* Inflation-proof your portfolio (Jon Birger, Money)

(Fortune) — With the economy mired in deep recession, inflation isn’t exactly a top-of-mind concern for most investors. After all, it’s hard to see how prices are going to get pushed up when consumers aren’t buying anything. Indeed, for many Wall Street economists, deflation seems to be the more immediate concern.

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Productivity falls while wage pressures increase (Martin Crutsinger)

Here is today’s article from Martin Crutsinger on Worse-than-expected.

The government says the deepening recession caused worker productivity to slide by a worse-than-expected amount in the fourth quarter while wage pressures shot up at the fastest clip in two years.The Labor Department said Thursday productivity, the amount of output per hour of work, fell at an annual rate of 0.4 percent in the October-December period. At the same time, unit labor costs w…

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Adam Thomson: Mexican economy heads for recession

Another good piece of writing by Adam Thomson of the The Financial Times.

Mexicos government confirmed on Friday that the country was heading towards recession after it announced a 1.6 per cent contraction of the economy in the last quarter of 2008.

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Interesting Inflation News Links (February 20, 2009)

* Construction Spending Decline Accelerates (Construction Equipment)

Construction spending declined 1.4% in December from a downward revised November total. Current spending is 3.4% below a year ago and projected to decline 5-6% more by the end of the summer. Lower residential spending accounts for all the 11% decline since early 2006 but will contribute only one-third of the further decline in the next three quarters. Most of the projected spending decline in 2…

* Consumer Price Index shows slight uptick in January (Houston Business Journal)

Consumer prices were up in January for the first time in seven months, but inflation was flat in 2008 for the first time in more than 50 years.

* Honolulu prices rose 4.3% in 2008 (Washington Business Journal)

Prices in Honolulu rose 4.3 percent in 2008, lower than recent years but above the national average.

* Despite rise in prices, inflation at half-century low (Bloomberg News)

WASHINGTON Consumer prices rose modestly in January, propelled by higher energy costs, but economists said they remain more concerned about the threat of price declines throughout the economy.

* Don’t Blame the Students, Blame the Trustees (Michelle Cottle, New Republic)

In response to my post about college students’ having been deluded into thinking that high grades should require little more than doing what’s expected of them, David

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