U.S. consumer bankruptcies up 24 percent in August: Bankruptcy filings by U.S. consumers rose 24 percent in August compared with a year earlier and could reach 1.4 million this year, according to an American Bankruptcy Institute and National Bankruptcy Research Center report released on Wednesday. Even higher taxes coming for Californians: For only the second time in 30 years, the tax board is lowering the point where each tax bracket begins, bumping many people into a higher category. At the same time, officials are cutting back some deductions. Everyone will pay more, even people whose bracket or income doesn't change. Crooks, Computers, and the Coming Crash: As stocks continued to rally into September, one has to ask one’s self, “just who’s buying this rally?” The answer? Computers and no one else.
Friday, 4 September 2009
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