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RECENT FINANCE NEWS
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$2 trillion in assets, but Citi's counting its pennies
NEW YORK - Citigroup Inc. isn't just eliminating jobs to slash costs - it's also clamping down on color copying and BlackBerrys. (Boston Globe, 12 a.m.)Accountant wins tax fight against IRS
WASHINGTON - While it took seven years, Charles Ulrich did something many people dream about, but few succeed at: He beat the IRS in a tax dispute. (Boston Globe, 8/25/08)Debate rages on about interest rates vs. inflation
JACKSON HOLE, Wyo. - With the decline in oil prices, inflationary pressures are easing for the moment. The Federal Reserve's policy makers all acknowledge as much. But that has not halted their debate over whether to raise interest rates now to avoid higher inflation in the future. (Boston Globe, 8/25/08)Home sales outlook continues to be bleak
TOMORROW The National Association of Realtors posts existing home sales for July. They're expected to have teetered near a 10-year low -gaining 1 percent to a 4.9 million annual rate. (Boston Globe, 8/24/08)SEC looks at timing for accounting rules change
WASHINGTON - The Securities and Exchange Commission this week will set a time frame for letting American companies drop US accounting rules and start issuing financial statements using international provisions. (Boston Globe, 8/24/08)More Jobs in Finance | |
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