Bank of America Declares Preferred Dividends

CHARLOTTE, N.C.–(BUSINESS WIRE)–Jul. 3, 2012– Bank of America Corporation today announced the Board of Directors has authorized dividends on preferred stock.

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Bank of America Declares Preferred Dividends

Americans punch the clock on the Time Use Survey

Stocks were listless today after a pair of economic releases indicated a manufacturing slowdown in the U.S. and China.

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Americans punch the clock on the Time Use Survey

Should we spend money on experiences or things?

What was the first concert you ever went to? I’ll bet you don’t have to think very long – and neither do I. I went to see James Taylor play at a theater in Pittsburgh with my best friend Susan Rosenberg. Yes, I was one of those girls – and so was she – who at 14 or 15 not only knew every word to You’ve Got A Friend

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Should we spend money on experiences or things?

A tax or not a tax, that is the question

 

~ Under the Affordable Care Act (ACA), individuals who choose not to buy health insurance in 2014 or after will need to make a “shared responsibility payment,” which is called a “penalty” in the ACA.

~ While I agree with most of the Court’s holdings, I do not agree with the finding that the penalty is a tax and is therefore constitutional.

 
~ In my opinion, the Supreme Court’s ruling on the ACA is unfortunate, as it could legitimize less transparency in legislating rather than more…. Continue at source:

A tax or not a tax, that is the question

Tablets and the next tech bubble

On the last day of the second quarter, the major indexes tracked global markets sharply higher today after a two-day summit in Brussels resulted in a plan to ease borrowing costs in Europe. The Dow rose 277 points, the Nasdaq gained 85, and the S&P 500 added 33. Twenty-nine of the Dow’s 30 components gained ground, with JPMorgan Chase (JPM) the sole laggard, slipping 0.42%. Volume was moderate, and advancers led decliners by about six to one on both the NYSE and the Nasdaq. The prices of Treasuries fell, while gold futures added 3.4% to $1,604.20 an ounce. Oil futures spiked 9.3% to $84.96 a barrel.

 

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Tablets and the next tech bubble