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Sex, drugs and gambling capitals of America
The vice capitals of America Bloomberg
These cities won’t be adding these dubious honors to their tourism brochures.
10 countries where people smoke the most
Cody: Best marijuana stocks to buy now

Greenspan says bubbles don’t end without ‘crunch’
Alan Greenspan, former Federal Reserve chairman and president and founder of Greenspan Associates, speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, Oct. 23, 2013. "In a sense, we are actually at relatively low stock prices," Greenspan, who guided the central bank for more than 18 years, said in an interview today. Photographer: Scott Eells/Bloomberg *** Local Caption *** Alan Greenspan Bloomberg
Ex-Fed chairman says in MarketWatch interview it’s not clear how economy will weather Fed exit.
Here’s what Alan Greenspan is reading

How Apple could rebrand
a Casio as the iWatch
Casio
Apple may be navigating through a product funk, but the brand is still completely bulletproof in the eyes of the consumers, if Jimmy Kimmel's latest prank is any indication.
Best walk-up music in baseball?
Huawei's smartphone business looking brighter


Baja California becomes Mexico’s ‘Napa’
Baja California, in Mexico, is wine’s latest ‘next Napa’ Adobe Guadalupe
Lettie Teague explores the wine region of Valle de Guadalupe in Baja California to gauge its worthiness as an oenophile destination worthy of association with Napa Valley.
How you can spot fake wine
How tequila sales have doubled over decade
In defense of soda, that American tradition

Yahoo Japan offers a link from the after-life
Yahoo Japan offers a link from the after-life
Yahoo seeks to capitalize on Japan's rapidly-aging population with Yahoo Ending, which will send farewell messages to your loved ones post humusly.
McDonald's Japan drops chicken from China
Japan stocks hit six-month closing high
Need to know
Visa shares fall 5% on weaker outlook
RBS leads London stocks | 5 European moves
Russia stocks sink despite rate hike
Gold bounces off five-week low
Google’s next map: a healthy human body
Diaper price-matching creates a big stink


7 career mistakes that can hold you back
7 mistakes holding back your career
If you feel stuck in your job, you may have yourself to blame. Here's help.

Robert Klein: 6 ways a new tax law benefits a sustainable retirement
6 ways new tax law aids sustainable retirement
RetireMentors: The Treasury and IRS surprise Robert Klein with taxpayer-friendly legislation addressing one of the most anxiety-provoking subjects for retirees.
Young investors should embrace bear markets

Don’t rely on brand-name advisers alone for retirement
Making good financial decisions depends on more than just dealing with well-known and reputable firms, says Dan Moisand.
How dying too rich can hurt you and your estate

Is Aamzon spending like a drunken sailor?
Is Amazon spending like drunken sailors?
Amazon.com Inc. reported a greater-than-expected loss in the second quarter, partly due to an increase in capital spending, but a slight deceleration at its cloud services business was causing additional concern among investors.

Why you should dump Twitter shares now
Dump your Twitter shares now
Opinion: Twitter is struggling to make a profit and the shares are overvalued, writes Jeff Reeves.

Shipping news you need to read
Is the Baltic Dry Index a harbinger of a major global economic slowdown?

Scotland may need to vote ‘yes’ to stay in EU
With the U.K. looking at leaving the EU, Scotland's best chance of staying in may be to choose independence in September's referendum, writes Darrell Delamaide.

How the hammer falls in China
A Chinese website shows who’s getting nabbed for corruption. Some read it out of curiosity, others out of fear, says Caixin Online.
Chinese tycoon slammed for big Harvard gift

A bourbon worthy of John Wayne
A bourbon worthy of John Wayne
How do you put John Wayne’s gun-slinging bravado into a whiskey?
/conga/frontpage.html 315033
Meet Wal-Mart’s U.S. fix-it man
Greg Foran, the 53-year-old New Zealand native who was put in charge of Wal-Mart's top division, is a groundbreaking choice.
Wal-Mart's U.S. chief Bill Simon to leave
Get the most from back-to-school sales

Lessons from a pilot after the recent airplane crashes
What may change after recent plane crashes
Commercial pilot Patrick Smith says there may be changes in terms of sending commercial flights over war zones.
How airline tragedies change our flying habits
Poll: Will disasters make you rethink travel?

You might not be Buffett, but you can be a better investor
Commentary: You can’t be Warren Buffett, but, by understanding behavior, you can better the odds of achieving your goals, writes Cullen Roche.

What are chances of Facebook hitting $100?
Here's what the options market is saying.
Where have all the iPad buyers gone?
Why Apple may never top the iPhone
Apple investors should prepare for iBummer

Chinese
real estate and the ‘murder house’

Chinese real-estate firms are setting up databases on local “murder houses,” residences where a suicide, murder or other violent death took place.
/conga/today.html 315029

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The Tax Blog
The latest news, insights and tips about taxes

Tax Evasion - All posts in category Tax Evasion

  • Feb 13, 2012
    2:32 PM ET

    IRS May Get Help Catching Tax Cheats

    One revenue-raising strategy unveiled in President Barack Obama’s budget proposal on Monday calls for beefing up the Internal Revenue Service’s enforcement efforts. That could mean increased scrutiny on individual tax returns, especially for small business owners.

    iStockPhoto

    The president’s budget plan would increase the IRS’s budget next year to $12.8 billion, about $950 million more than the 2012 budget, with the goal of ramping up collections from individuals and business that are behind on federal and state taxes or that owe government loans. The bulk of this money would be part of a program to prevent tax evasion and cheating and to update the IRS’s data system, according to the proposal. The reforms call for increasing collection by more than $2 billion over the next 10 years, much of that owed to states. The enforcement program should return $5 for each additional IRS dollar spent, according to the proposal. The IRS did not respond to requests for comment.

  • Sep 7, 2011
    3:44 PM ET

    Why Tax Cheats Face More Heat

    Weekend Investor’s recent “IRS Whistleblower” feature story, about how to turn in a tax cheat to the Internal Revenue Service and collect part of the proceeds, drew a host of reader comments. Reaction ranged from enthusiastic support of the program—“White-collar crime detection deserves the help of citizens”—to outright condemnation of it, with detractors comparing the IRS’s efforts to police-state tactics.

    Getty Images

    Tax cheats have more to worry about than just whistleblowers. According to recent report from a governmental watchdog, the criminal division of the IRS is getting more efficient. The study was issued by the Treasury Inspector General for Tax Administration, known as TIGTA, which closely monitors the IRS and often issues assessments critical of it.

    This TIGTA report was unusually positive. It praised IRS agents  for taking an average of 365 days to complete a case vs. 401 days in 2009.  The agency spent about $660 million on criminal tax cases during the 2010 fiscal year.

    Overall, the IRS criminal division initiated some 4,700 investigations and completed 4,300 during the same period, exceeding preset goals in both categories.

    Most important, say outside experts, is that the IRS continues to make progress on initiating “pure” criminal tax cases. These are cases in which the tax charges are central to the case, instead of simply an add-on to a long list of more important charges, such as drug running or money laundering. The agency calls these cases “legal-source investigations.”

  • Jul 18, 2011
    3:02 PM ET

    Rapper Sentenced in Tax Case

    Rapper and actor Ja Rule was sentenced Monday to 28-months in federal prison and was ordered to pay $1.1 million in unpaid taxes for not filing income tax returns.

    iStockphoto

    The multi-platinum-selling artist, whose real name is Jeffrey Atkins, admitted in March that he hadn’t paid taxes on more than $3 million he earned between 2004 and 2006 while living in Saddle River, N.J.

    According to the Associated Press, before his sentencing at a New Jersey federal court, he blamed “youthful inexperience, bad advice and the inability to manage fame” for his mistakes.

    Last month, he was sentenced in New York to up to two years in prison after he pleaded guilty to attempted criminal weapon possession. That case stems from an incident in 2007 when authorities found a semi-automatic gun in his luxury sports car.

  • Jun 6, 2011
    3:11 PM ET

    Wesley Snipes Appeal Rejected

    Actor Wesley Snipes isn’t getting a new day in court, at least not this time.

    Istockphoto

    The Supreme Court announced Monday that it wouldn’t consider his appeal for a 3-year-prison term for tax evasion.

    The Hollywood star is serving his sentence in Pennsylvania and not scheduled for release until 2013. He was convicted in 2008 of three misdemeanor charges of willful failure to file income tax returns.

    Snipes said his constitutional rights were violated because he should have been impaneled where the crime allegedly occurred. The actor wanted his 2008 tax trial to be held in New York City, where he lived, but the charges were brought in Florida, where he held a driver’s license, according to Fox News.

  • Apr 4, 2011
    3:57 PM ET

    Why the Rich Should Be Ready For IRS Scrutiny

    Whoever says the rich suffer less than the rest of us hasn’t seen the most recent Internal Revenue Service audit numbers. In recent years, the agency has ramped up its scrutiny of wealthy taxpayers – especially those earning more than $500,000 annually, according to a Wall Street Journal story by Laura Saunders, who writes the Tax Report.

    Getty Images

    Accountants and tax preparers say the heightened analysis is significantly different from the audit practices of the previous decade. While the percentage of taxpayers who were audited increased in every income category in 2010, there was much more scrutiny of the very rich. More than 18% of those with adjusted gross incomes of at least $10 million were audited in 2010, up from 10.6 in fiscal 2009.  About 11.5% of those earning $5 million to $10 million were audited in fiscal 2010 compared to about 7.5% a year earlier. In contrast, fewer than 2% of those earning between $200,000 and $500,000 and less than 1% for those earning $100,000 to $200,000 got the extra attention.

  • Apr 4, 2011
    11:31 AM ET

    How to Avoid Jail Time for Tax Blunders

    It’s easy to slip up on a tax return. An honest mistake could cost you a penalty; an intentional violation of the law is another matter. That could send you to prison.

    Getty Images

    And when the government seeks jail time for tax cheats, it gets it nearly 90% of the time.  Most people got into trouble because they failed to report income from a cash business, property sales or foreign earnings. Many also intentionally claimed wrong deductions.

    The best way to avoid trouble – besides not engaging in fraud  -  is to keep track of cash receipts and employers. That way you can prove your case if you’re audited. And ignorance isn’t a defense. For example, someone who doesn’t  get a Form 1099 from an employer still has to report the income that would have been on it.

    Right now, the IRS is paying close attention to Americans with money in Swiss and other foreign bank accounts. The tax authority is looking over many of these cases with a fine-tooth comb because of the heightened attention to the issue of offshore tax evasion. But generally, in cases like these, common sense has come into play in the past. A person who reported a lot of income in the U.S. but failed to report on a small foreign account would not have been at risk criminally.

    A consultant providing services to Wall Street firms recently came to George M. Clarke, a partner at law firm Miller Chevalier in Washington, D.C. Clarke, worried about not having reported $60,000 of income after a customer didn’t send a 1099. The IRS, says Clarke, will want to know if the misstep is the only one he made and what kind of accounting system he uses. This kind of situation is common and not likely to lead to jail.

    By contrast, Robert E. McKenzie, an attorney in the Chicago law firm Arnstein & Lehr LLP, recently helped two clients plead guilty to skimming money from their plumbing business to the tune of more than $100,000 a year. Each of the men will spend ten months in jail. They had been cashing some checks at a local check cashing store where the IRS had a sting operation set up.

  • Feb 10, 2011
    1:06 PM ET

    Lights, Camera, Tax Scandal: Iowa Trial Begins

    The trial of filmmaker Wendy Weiner Runge has all the flair of a Hollywood drama: a tax scandal in the millions of dollars, the silver screen, the toppling of a pyramid of insiders. But the venue—Des Moines, Iowa—is about as far from Tinseltown a film can get.

    Getty Images

    Runge, charged with first-degree theft among other counts, faces the music this week as her trial unfolds and with it, the details of a scandal that prompted the state to suspend its film-incentive program until 2013. The filmmaker could be on the hook for $1.85 million in transferable tax credits applied to, what the prosecution argues to be, sham production expenses for science-fiction film “The Scientist.” The 45-year-old mother of four faces a maximum penalty of 25 years behind bars.

    A number of states have paid billions of dollars in tax incentives to lure an industry formerly locked down by California studios. Governors of states like Michigan, Ohio and Texas—among many others—lobbied hard to encourage film production on their turf. Forty-four states offered movie-production incentives and 28 offered film tax credits in 2009, according to a Tax Foundation report. Last year saw the first dip in state participants over the past decade when four states suspended or terminated their programs completely.

  • Feb 8, 2011
    5:00 AM ET

    Celebrity Tax-Dodgers Keep the IRS Busy

    Roll out the red carpet. The 2010 tax season will probably introduce a star-studded cast of tax evaders, many of whom are already on the IRS’s blacklist.

    Reuters

    These celeb tax dodgers help contribute (at least in a small way) to what the IRS estimates to be a $290 billion tax gap—the difference between what’s reported and what’s owed, according to latest data.

    Check out who among the elite of the silver screen, television screen and radio waves is hiding from Uncle Sam in the limelight.

    Val Kilmer: Even Iceman can’t outmaneuver the IRS. The actor, whose mug has been on the screens with Top Gun, Batman and Heat, among other Hollywood blockbusters, faces a $500,000 lien against his 6,000-acre New Mexico ranch for unpaid 2008 taxes. That comes less than a year after Kilmer settled another $538,858 of owed taxes. To help square away his latest debt, Kilmer discounted the price tag on his ranch to $18.5 million from $23 million (and from an original asking price of $33 million).

    Richard Hatch: Federal prosecutors in Rhode Island want to throw the former “Survivor” winner back behind bars for allegedly violating the terms of his three-year supervised release when he refused to file amended tax returns for 2000 and 2001.

    Associated Press

    Hatch, convicted in 2006 for failing to pay taxes on the $1 million in the show’s prize money, already spent three years in jail from 2006 to 2009, and he still owes about $1.7 million in back taxes. The reality-TV star claims he didn’t re-file because he has an appeal pending in the U.S. Tax Court. The argument apparently doesn’t hold water for the Assistant U.S. Attorney, whose directive could leave Hatch serving up to two more years in the hole. Suddenly, those long-ago trials on that tiny Malaysian island are looking like a walk in the park.

    Nas: The IRS hopes the latest $6.46 million lien against the hip-hop star will put a wrap on his deadbeat filing habits. Beyond the bad blood he’s established with the IRS, the rapper is widely known for his years-long feud with rival hip-hop artist Jay-Z.

About Tax

  • The Tax Blog brings together a team of award-winning tax journalists from the Dow Jones network and around the web to examine the tax issues, changes and legislation that affect families, investors and small business owners. Our contributors include Tax Report columnist Laura Saunders (WSJ), Tax Guy columnist Bill Bischoff and senior reporter Jilian Mincer (SmartMoney.com), retirement-focused reporter Anne Tergesen (WSJ), wealth management writer Arden Dale (Dow Jones Newswires), TaxWatch columnist Eva Rosenberg and personal finance reporter Andrea Coombes (MarketWatch), and reporter Alyssa Abkowitz (SmartMoney). They’ll provide the latest news and insight, mine the tax code for tips and loopholes, and answer your questions about tricky tax situations. Contact the The Tax Blog with ideas, suggestions or tax questions at thetaxblog@dowjones.com.

MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

London Markets Close in:

Sex, drugs and gambling capitals of America
The vice capitals of America Bloomberg
These cities won’t be adding these dubious honors to their tourism brochures.
10 countries where people smoke the most
Cody: Best marijuana stocks to buy now

Greenspan says bubbles don’t end without ‘crunch’
Alan Greenspan, former Federal Reserve chairman and president and founder of Greenspan Associates, speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, Oct. 23, 2013. "In a sense, we are actually at relatively low stock prices," Greenspan, who guided the central bank for more than 18 years, said in an interview today. Photographer: Scott Eells/Bloomberg *** Local Caption *** Alan Greenspan Bloomberg
Ex-Fed chairman says in MarketWatch interview it’s not clear how economy will weather Fed exit.
Here’s what Alan Greenspan is reading

How Apple could rebrand
a Casio as the iWatch
Casio
Apple may be navigating through a product funk, but the brand is still completely bulletproof in the eyes of the consumers, if Jimmy Kimmel's latest prank is any indication.
Best walk-up music in baseball?
Huawei's smartphone business looking brighter


Baja California becomes Mexico’s ‘Napa’
Baja California, in Mexico, is wine’s latest ‘next Napa’ Adobe Guadalupe
Lettie Teague explores the wine region of Valle de Guadalupe in Baja California to gauge its worthiness as an oenophile destination worthy of association with Napa Valley.
How you can spot fake wine
How tequila sales have doubled over decade
In defense of soda, that American tradition

Yahoo Japan offers a link from the after-life
Yahoo Japan offers a link from the after-life
Yahoo seeks to capitalize on Japan's rapidly-aging population with Yahoo Ending, which will send farewell messages to your loved ones post humusly.
McDonald's Japan drops chicken from China
Japan stocks hit six-month closing high
Need to know
El Pollo Loco shares surge on trading debut
Visa shares fall 5% on weaker outlook
RBS leads London stocks | 5 European moves
Russia stocks sink despite rate hike
Gold bounces off five-week low
Google’s next map: a healthy human body
Diaper price-matching creates a big stink


Why you should dump Twitter shares now
Dump your Twitter shares now
Opinion: Twitter is struggling to make a profit and the shares are overvalued, writes Jeff Reeves.

7 career mistakes that can hold you back
7 career mistakes holding you back
Here’s what to do if you feel stuck in your job.

Robert Klein: 6 ways a new tax law benefits a sustainable retirement
6 ways new tax law aids sustainable retirement
RetireMentors: The Treasury and IRS surprise Robert Klein with taxpayer-friendly legislation addressing one of the most anxiety-provoking subjects for retirees.
Young investors should embrace bear markets

Don’t rely on brand-name advisers alone for retirement
Making good financial decisions depends on more than just dealing with well-known and reputable firms, says Dan Moisand.
How dying too rich can hurt you and your estate

Shipping news you need to read
Is the Baltic Dry Index a harbinger of a major global economic slowdown?

Scotland may need to vote ‘yes’ to stay in EU
With the U.K. looking at leaving the EU, Scotland's best chance of staying in may be to choose independence in September's referendum, writes Darrell Delamaide.

How the hammer falls in China
A Chinese website shows who’s getting nabbed for corruption. Some read it out of curiosity, others out of fear, says Caixin Online.
Chinese tycoon slammed for big Harvard gift

A bourbon worthy of John Wayne
A bourbon worthy of John Wayne
How do you put John Wayne’s gun-slinging bravado into a whiskey?
/conga/frontpage.html 315027
Meet Wal-Mart’s U.S. fix-it man
Greg Foran, the 53-year-old New Zealand native who was put in charge of Wal-Mart's top division, is a groundbreaking choice.
Wal-Mart's U.S. chief Bill Simon to leave
Get the most from back-to-school sales

Lessons from a pilot after the recent airplane crashes
What may change after recent plane crashes
Commercial pilot Patrick Smith says there may be changes in terms of sending commercial flights over war zones.
How airline tragedies change our flying habits
Poll: Will disasters make you rethink travel?

You might not be Buffett, but you can be a better investor
Commentary: You can’t be Warren Buffett, but, by understanding behavior, you can better the odds of achieving your goals, writes Cullen Roche.

What are chances of Facebook hitting $100?
Here's what the options market is saying.
Where have all the iPad buyers gone?
Why Apple may never top the iPhone
Apple investors should prepare for iBummer

Chinese
real estate and the ‘murder house’

Chinese real-estate firms are setting up databases on local “murder houses,” residences where a suicide, murder or other violent death took place.
/conga/today.html 315024

Markets »

19.04MDow Volume:
Avg Vol: 80.27M
Unchanged
234
Decliners
4192
Advancers
1765
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,927 -157 0.92%
Nasdaq
/quotes/zigman/12633936/realtime 4,437 -35 0.78%
S&P 500
/quotes/zigman/3870025/realtime 1,976 -12 0.60%
GlobalDow
/quotes/zigman/629063/realtime 2,628 -16 0.61%
Gold
/quotes/zigman/635641/delayed 1,301 +8 0.60%
Oil
/quotes/zigman/2196854/delayed 102.18 +0.11 0.11%
FTSE 100
/quotes/zigman/3173262/delayed 6,796 -26 0.38%
DAX
/quotes/zigman/2380246/delayed 9,663 -131 1.34%
CAC 40
/quotes/zigman/3173214/delayed 4,336 -74 1.68%
FTSE MIB
/quotes/zigman/1482176/delayed 21,096 -160 0.75%
IBEX 35
/quotes/zigman/2759620/delayed 10,896 +36 0.33%
Stoxx 600
/quotes/zigman/2380150/delayed 342 -2 0.64%
Asia Dow
/quotes/zigman/6959860/realtime 3,325 +2 0.06%
Nikkei 225
/quotes/zigman/5986735/delayed 15,458 +173 1.13%
Hang Seng
/quotes/zigman/2622475/delayed 24,216 +75 0.31%
Shanghai
/quotes/zigman/1859015/delayed 2,127 +22 1.02%
Sensex
/quotes/zigman/1652085/delayed 26,127 -145 0.55%
Singapore
/quotes/zigman/1709939/delayed 3,350 -4 0.11%
Euro
/quotes/zigman/4867933/realtime/sampled 1.34 0.00 0.25%
Yen
/quotes/zigman/4868099/realtime/sampled 101.79 -0.03 0.03%
Pound
/quotes/zigman/4867886/realtime/sampled 1.70 0.00 0.10%
Australia$
/quotes/zigman/4867876/realtime/sampled 0.94 0.00 0.17%
DXY Index
/quotes/zigman/1652083/delayed 81.01 +0.14 0.17%
WSJ $ Idx
/quotes/zigman/9625991/realtime 73.37 +0.09 0.13%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.48 -0.03 1.08%
German 10y
/quotes/zigman/15866409/realtime 1.15 -0.03 2.40%
Italy 10yr
/quotes/zigman/15866497/realtime 2.61 -0.02 0.58%
Spain 10yr
/quotes/zigman/15866444/realtime 2.53 -0.03 1.16%
U.K. 10yr
/quotes/zigman/15866328/realtime 2.57 -0.04 1.59%
Japan 10yr
/quotes/zigman/15866525/realtime 0.53 +0.00 0.44%
Crude Oil
102 +0 0.11%
Gold
1,301 +8 0.60%
Corn
/quotes/zigman/3098927/delayed 367 -3 0.68%
DJIA F
/quotes/zigman/21588489/delayed 16,866 -132 0.78%
S&P F
/quotes/zigman/20258909/delayed 1,971 -9 0.48%
Silver
/quotes/zigman/12294966/delayed 21 +0 0.71%

Quotes

Symbol Price Change % Change
FB /quotes/nls/fb 75.32 0.34 0.45%
AAPL /quotes/nls/aapl 97.18 0.15 0.15%
GOOG /quotes/nls/goog 588.39 -4.96 -0.84%
BAC /quotes/nls/bac 15.58 -0.04 -0.25%
C /quotes/nls/c 50.04 -0.05 -0.11%
F /quotes/nls/f 17.62 -0.22 -1.23%
T /quotes/nls/t 35.58 0.08 0.23%
BP /quotes/nls/bp 50.89 -0.50 -0.97%
GE /quotes/nls/ge 25.78 -0.16 -0.62%
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Rates »

5 yr CD
1.4%
2 yr CD
0.8%
1 yr CD
0.7%
MMA $10K+
0.3%
MMA $50K+
0.6%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 10.37% 10.37% 10.46%
Balance Transfer 12.64% 12.64% 12.55%
Business 12.80% 12.80% 12.98%
Student 13.27% 13.27% 13.27%
Cash Back 14.91% 14.91% 14.62%
Reward 15.00% 15.00% 14.91%
Airline 15.46% 15.46% 14.51%
Bad Credit 22.73% 22.73% 23.48%
Instant Approval 28.00% 28.00% 28.00%
Source:CreditCards.com
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Sex, drugs and gambling capitals of America
The vice capitals of America Bloomberg
These cities won’t be adding these dubious honors to their tourism brochures.
10 countries where people smoke the most
Cody: Best marijuana stocks to buy now

Greenspan says bubbles don’t end without ‘crunch’
Alan Greenspan, former Federal Reserve chairman and president and founder of Greenspan Associates, speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, Oct. 23, 2013. "In a sense, we are actually at relatively low stock prices," Greenspan, who guided the central bank for more than 18 years, said in an interview today. Photographer: Scott Eells/Bloomberg *** Local Caption *** Alan Greenspan Bloomberg
Ex-Fed chairman says in MarketWatch interview it’s not clear how economy will weather Fed exit.
Here’s what Alan Greenspan is reading

How Apple could rebrand
a Casio as the iWatch
Casio
Apple may be navigating through a product funk, but the brand is still completely bulletproof in the eyes of the consumers, if Jimmy Kimmel's latest prank is any indication.
Best walk-up music in baseball?
Huawei's smartphone business looking brighter


Baja California becomes Mexico’s ‘Napa’
Baja California, in Mexico, is wine’s latest ‘next Napa’ Adobe Guadalupe
Lettie Teague explores the wine region of Valle de Guadalupe in Baja California to gauge its worthiness as an oenophile destination worthy of association with Napa Valley.
How you can spot fake wine
How tequila sales have doubled over decade
In defense of soda, that American tradition

Yahoo Japan offers a link from the after-life
Yahoo Japan offers a link from the after-life
Yahoo seeks to capitalize on Japan's rapidly-aging population with Yahoo Ending, which will send farewell messages to your loved ones post humusly.
McDonald's Japan drops chicken from China
Japan stocks hit six-month closing high
Need to know
Visa shares fall 5% on weaker outlook
RBS leads London stocks | 5 European moves
Russia stocks sink despite rate hike
Gold bounces off five-week low
Google’s next map: a healthy human body
Diaper price-matching creates a big stink


7 career mistakes that can hold you back
7 mistakes holding back your career
If you feel stuck in your job, you may have yourself to blame. Here's help.

Robert Klein: 6 ways a new tax law benefits a sustainable retirement
6 ways new tax law aids sustainable retirement
RetireMentors: The Treasury and IRS surprise Robert Klein with taxpayer-friendly legislation addressing one of the most anxiety-provoking subjects for retirees.
Young investors should embrace bear markets

Don’t rely on brand-name advisers alone for retirement
Making good financial decisions depends on more than just dealing with well-known and reputable firms, says Dan Moisand.
How dying too rich can hurt you and your estate

Is Aamzon spending like a drunken sailor?
Is Amazon spending like drunken sailors?
Amazon.com Inc. reported a greater-than-expected loss in the second quarter, partly due to an increase in capital spending, but a slight deceleration at its cloud services business was causing additional concern among investors.

Why you should dump Twitter shares now
Dump your Twitter shares now
Opinion: Twitter is struggling to make a profit and the shares are overvalued, writes Jeff Reeves.

Shipping news you need to read
Is the Baltic Dry Index a harbinger of a major global economic slowdown?

Scotland may need to vote ‘yes’ to stay in EU
With the U.K. looking at leaving the EU, Scotland's best chance of staying in may be to choose independence in September's referendum, writes Darrell Delamaide.

How the hammer falls in China
A Chinese website shows who’s getting nabbed for corruption. Some read it out of curiosity, others out of fear, says Caixin Online.
Chinese tycoon slammed for big Harvard gift

A bourbon worthy of John Wayne
A bourbon worthy of John Wayne
How do you put John Wayne’s gun-slinging bravado into a whiskey?
/conga/frontpage.html 315033
Meet Wal-Mart’s U.S. fix-it man
Greg Foran, the 53-year-old New Zealand native who was put in charge of Wal-Mart's top division, is a groundbreaking choice.
Wal-Mart's U.S. chief Bill Simon to leave
Get the most from back-to-school sales

Lessons from a pilot after the recent airplane crashes
What may change after recent plane crashes
Commercial pilot Patrick Smith says there may be changes in terms of sending commercial flights over war zones.
How airline tragedies change our flying habits
Poll: Will disasters make you rethink travel?

You might not be Buffett, but you can be a better investor
Commentary: You can’t be Warren Buffett, but, by understanding behavior, you can better the odds of achieving your goals, writes Cullen Roche.

What are chances of Facebook hitting $100?
Here's what the options market is saying.
Where have all the iPad buyers gone?
Why Apple may never top the iPhone
Apple investors should prepare for iBummer

Chinese
real estate and the ‘murder house’

Chinese real-estate firms are setting up databases on local “murder houses,” residences where a suicide, murder or other violent death took place.
/conga/today.html 315029

Markets »

21.03MDow Volume:
Avg Vol: 80.27M
Unchanged
229
Decliners
4175
Advancers
1841
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,943 -140 0.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,439 -33 0.74%
S&P 500
/quotes/zigman/3870025/realtime 1,977 -11 0.54%
GlobalDow
/quotes/zigman/629063/realtime 2,630 -14 0.54%
Gold
/quotes/zigman/635641/delayed 1,301 +8 0.62%
Oil
/quotes/zigman/2196854/delayed 102.16 +0.09 0.09%
FTSE 100
/quotes/zigman/3173262/delayed 6,788 -34 0.49%
DAX
/quotes/zigman/2380246/delayed 9,639 -155 1.58%
CAC 40
/quotes/zigman/3173214/delayed 4,325 -86 1.94%
FTSE MIB
/quotes/zigman/1482176/delayed 21,030 -225 1.06%
IBEX 35
/quotes/zigman/2759620/delayed 10,877 +17 0.15%
Stoxx 600
/quotes/zigman/2380150/delayed 342 -3 0.76%
Asia Dow
/quotes/zigman/6959860/realtime 3,325 +2 0.06%
Nikkei 225
/quotes/zigman/5986735/delayed 15,458 +173 1.13%
Hang Seng
/quotes/zigman/2622475/delayed 24,216 +75 0.31%
Shanghai
/quotes/zigman/1859015/delayed 2,127 +22 1.02%
Sensex
/quotes/zigman/1652085/delayed 26,127 -145 0.55%
Singapore
/quotes/zigman/1709939/delayed 3,350 -4 0.11%
Euro
/quotes/zigman/4867933/realtime/sampled 1.34 0.00 0.24%
Yen
/quotes/zigman/4868099/realtime/sampled 101.77 -0.04 0.04%
Pound
/quotes/zigman/4867886/realtime/sampled 1.70 0.00 0.09%
Australia$
/quotes/zigman/4867876/realtime/sampled 0.94 0.00 0.15%
DXY Index
/quotes/zigman/1652083/delayed 81.02 +0.15 0.18%
WSJ $ Idx
/quotes/zigman/9625991/realtime 73.36 +0.08 0.11%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.48 -0.03 1.15%
German 10y
/quotes/zigman/15866409/realtime 1.15 -0.03 2.55%
Italy 10yr
/quotes/zigman/15866497/realtime 2.62 -0.01 0.30%
Spain 10yr
/quotes/zigman/15866444/realtime 2.53 -0.03 1.16%
U.K. 10yr
/quotes/zigman/15866328/realtime 2.57 -0.04 1.63%
Japan 10yr
/quotes/zigman/15866525/realtime 0.53 +0.00 0.44%
Crude Oil
102 +0 0.09%
Gold
1,301 +8 0.62%
Corn
/quotes/zigman/3098927/delayed 369 -1 0.27%
DJIA F
/quotes/zigman/21588489/delayed 16,880 -118 0.69%
S&P F
/quotes/zigman/20258909/delayed 1,971 -9 0.48%
Silver
/quotes/zigman/12294966/delayed 21 +0 0.76%

Markets News

Quotes

Symbol Price Change % Change
FB /quotes/nls/fb 75.46 0.48 0.64%
AAPL /quotes/nls/aapl 97.07 0.04 0.04%
GOOG /quotes/nls/goog 587.65 -5.70 -0.96%
BAC /quotes/nls/bac 15.57 -0.05 -0.32%
C /quotes/nls/c 50.10 0.0050 0.0100%
F /quotes/nls/f 17.67 -0.18 -0.98%
T /quotes/nls/t 35.54 0.04 0.11%
BP /quotes/nls/bp 50.90 -0.49 -0.95%
GE /quotes/nls/ge 25.80 -0.15 -0.56%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist

Rates »

5 yr CD
1.4%
2 yr CD
0.8%
1 yr CD
0.7%
MMA $10K+
0.3%
MMA $50K+
0.6%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 10.37% 10.37% 10.46%
Balance Transfer 12.64% 12.64% 12.55%
Business 12.80% 12.80% 12.98%
Student 13.27% 13.27% 13.27%
Cash Back 14.91% 14.91% 14.62%
Reward 15.00% 15.00% 14.91%
Airline 15.46% 15.46% 14.51%
Bad Credit 22.73% 22.73% 23.48%
Instant Approval 28.00% 28.00% 28.00%
Source:CreditCards.com
Trending Tickers
  • /quotes/nls/amzn AMZN-11.22%
  • /quotes/nls/acrx ACRX+10.27%
  • /quotes/nls/wlt WLT-0.08%
  • /quotes/nls/bidu BIDU+9.34%
  • /quotes/nls/p P-13.63%
  • /quotes/nls/z Z+4.82%
X
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  • Personalized news and quote email alerts
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