Wednesday, April 16, 2014
Inquirer Daily News

Personal Finance


  • More Top Stories
  • Latest News
The Street: It rankles. You put your money in an account at a bank, you know they use it, and still they want $10 or maybe $15 from you every month, for the privilege of parking your dough in their institution. You don't like it? The answer at Chase, Wells Fargo and the other big banks is uniform: tough.
The Street: Today is the deadline for filing your 2013 federal and state income tax returns. The envelopes must be postmarked by midnight tonight!
Michelle Singletary: You're deeply in debt to the IRS when you hear a radio ad promising to settle the bill for a fraction of what you owe.
The Street: In honor of the Colbert Report's historic run, here are seven of his best thoughts on money and finance.
The Street: It happens to the best of us: April 15 creeps up for months and sprints to the finish, leaving so little time for last-minute moves such as funding an IRA. Happily, this doesn't have to be the headache it seems.
The Street: After last week's rout, all the major indices (Dow Jones Industrial Average, S&P 500 and Nasdaq) are in negative territory for 2014. Bonds are out-performing stocks for the first time since 2011.
The Street: Pittsburgh, Tampa and Philadelphia led the list of best markets for first time home buyers in 2014.
The Street: Before you mail your finished tax returns to the IRS and the state tax agency it is very important to review them carefully – regardless of who prepared the returns. If your returns are being submitted electronically review hard copies before hitting "send."
SAN FRANCISCO (AP) - Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.
SUNNYVALE, Calif. (AP) - Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18-year absence.
NEW YORK (AP) - Online dating service Zoosk is filing for an initial public offering worth as much as $100 million.
WASHINGTON (AP) - Two House Democrats said Wednesday they are beginning their own inquiry into whether Tennessee state officials may have violated "or otherwise run afoul of" federal law by their alleged conduct ahead of a vote by workers at a Volkswagen factory in Chattanooga, Tenn., that rejected a bid to be represented by the United Auto Workers union.
WINSTON-SALEM, N.C. (AP) - Reynolds American has elected board member and former leader Susan Cameron as president and CEO of the tobacco company.
ALBANY, N.Y. (AP) - An official familiar with the investigation said the New York Attorney General's Office has issued subpoenas to six firms and sent a letter to another for details about split-second stock trading and any unfair advantages.
Stocks closed higher for the third day in a row on Wednesday as investors welcomed a crop of solid company earnings and encouraging economic news from China and the U.S. The major stock indexes hit their highest level since April 9. Yahoo and Delta Air Lines posted some of the biggest gains. For every stock that declined, nearly four rose.
MCLEAN, Va. (AP) - Capital One Financial Corp. says its first-quarter profit edged up, even as income it receives from lending slipped.
The Street: Millennials keep high balances in their checking accounts, surpassing Gen X-ers, a TD Bank survey said.

Only Dave Ramsey keeps his teeth in. Dave's done stupid with zeros on the end, and he wants you to learn from his mistakes. Read his column Tuesday, Thursday and Saturday on