Critics of a new intellectual property proposal circulating on Capitol Hill worry that it could inadvertently wreak havoc on legitimate e-commerce websites by suspending their ability to accept credit cards. Sponsors of HR 3261, the Stop Online Privacy Act, proposed new rules that would exempt credit card processors, ISPs, and other third-party technology vendors from [...]

Michael Jackson’s former GM under Probation for Non-filing of Taxes Michael Jackson’s former general manager, Raymone Bain was put under probation by a judge for failing to file her income tax for the years 2006 to 2008. US Magistrate judge Alan Kay sentenced Bain to five years’ probation and fined her $202,422 in back taxes [...]

Readers Comment on UK National Debt – What we are doing now is not dissimilar to Roy Jenkins’ cuts in the late 60?s he brought us out of an £800m deficit into a £387m surplus, toughen up and let the economy settle. There are several examples of where governments have been able to transform public [...]

There are a number of technical indicators that can help you predict a market reversal either large or small. Understanding patterns on technical analysis charts is the first step in anticipating a market reversal and being ready to trade at the right moment. It makes no difference if you are going to be buying stocks, [...]

Citigroup reports an increase in the number of defaulted credit card payments in August 2011, the second month in a row that Citibank has seen this figure rise. At the same time, the rate of late payments to Citibank credit cards fell. Citibank defaults on the rise Citibank is known for its range of credit [...]

In what is shaping up to be the biggest tax refund fraud case in Missouri, 14 individuals from across the country have been indicted for allegedly cheating the IRS of millions of dollars in false tax claims. In her comments on the case, US Attorney Beth Philips said, “Kansas City was the hub of a [...]

Definition Net Saving Rates = Gross saving rates – depreciation (consumption of fixed capital) (OECD pdf). Net saving is also definited as net disposable income less final consumption expenditure. Some countries measure net saving rates. Others like the UK give stats for gross saving rates. Typically gross saving rates will be higher. It shows there [...]