Bill preventing big tax hikes heads to Obama

House Speaker Nancy Pelosi of Calif., heads into a Democratic Caucus on Capitol Hill in Washington, Thursday, Dec. 16, 2010. Rep. Barney Frank, D-Mass. is at left, Rep. Bob Etheridge, D-N.C. is at center. (AP Photo/Harry Hamburg) WASHINGTON (AP) — A massive bipartisan tax package preventing a big New Year’s Day tax hike for millions […]

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Will the Dow hit a record high in 2011?

NEW YORK (AP) — Could the Dow set a record high next year? That question would have seemed crazy early last year when fear and panic enveloped the stock market and the Dow Jones industrial average plunged to 6,547 on March 9. Many investors thought it would take a decade or longer to get back […]

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Madoff trustee gets ‘game changing’ $7B settlement

FILE – In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York. The trustee recovering money for Bernard Madoff’s burned investors has reached a settlement with the estate of a Florida philanthropist and businessman who made billions of dollars off the fraud. Court-appointed trustee Irving Picard planned an announcement […]

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Arabs Vandalize Joshuas Tomb

More than a thousand Jewish worshippers from all over Israel who went up on Thursday to Joshua’s Tomb in the Samaria village of Timnat Heres were shocked to find that Arabs had vandalized the area with Arabic graffiti. This was not the first time that Arabs have vandalized the compound, but this time was particularly […]

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Accountants on edge waiting for tax-cut changes

SymbolPriceChangeHRB12.97-0.07{“s” : “hrb”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} WASHINGTON (AP) — The year’s end is always a frantic time for tax preparers. This year, it’s more frenetic than usual. The tax-cut bill emerging in Congress, coming so late in the year, has whipped up a mild panic for accountants, payroll staffs and anyone else […]

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EA app sale: Most iOS games just 99 cents

EA’s Battlefield: Bad Company 2, which just launched today, is one of 70+ games on sale for 99 cents. (Credit: EA) I’ve often felt that 99 cents is the magic number for iOS games. At that price, it’s an impulse buy; I’ll grab it without a second thought. Even if I wind up not liking […]

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Mike Evans: American Christians Support Israel

Award-winning American journalist Dr. Mike Evans, one of the world’s leading experts on the Middle East and author of the book Game Changer, visited Israel’s Knesset on Thursday. During the visit, Evans told Israel National News TV’s Hezki Ezra that he wrote Game Changer after President Barack Obama said that nuclear weapons in the hands […]

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Fed proposes 12-cent cap on merchant debit fees

SymbolPriceChangeMA223.49-25.73V67.19-9.75{“s” : “ma,v”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} NEW YORK (AP) — The Federal Reserve on Thursday proposed a 12-cent cap on the fees banks would be allowed to charge merchants for debit card transactions, a limit some estimated could cut up to 90 percent of the revenue collected through such fees. Capping debit […]

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Congress sends tax legislation to White House

Sen. Kirsten Gillibrand, D-N.Y., walks near the Senate floor on Capitol Hill in Washington Thursday, Dec. 16, 2010.(AP Photo/Alex Brandon) WASHINGTON (AP) — Acting with uncommon speed, Congress sent President Barack Obama sweeping, bipartisan legislation late Thursday night to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims […]

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109 MKs Sign Pleading Letter to US on Behalf of Pollard

Knesset Speaker Ruby Rivlin has sent a letter from the Knesset to U.S. President Barack Obama, Congress, and the U.S. District Attorney, pleading for the release of Jonathan Pollard. The letter was signed by a leader in every party except for those known as Arab parties, representing a total of 109 out of the 120 […]

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More arrests made in insider trading crackdown

SymbolPriceChangeAMD8.06+0.04DELL13.37+0.08TSM12.25+0.13{“s” : “amd,dell,tsm”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} NEW YORK (AP) — Three employees at public companies and a sales executive at a California expert-networking firm on Thursday became the latest to be arrested in a wide-ranging Wall Street insider trading probe that has now resulted in charges against six people. James Fleishman, 41, […]

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