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Archive for January 3, 2012

Investing experts may be predicting a modest rise for stocks in 2012, but it will be far from smooth sailing.

Three Swiss bankers have been charged with helping American taxpayers hide more than $1.2 billion from the Internal Revenue Service, the U.S. Attorney’s Office in Manhattan announced Tuesday.

Shares of Warren Buffett’s Berkshire Hathaway had a rare down year in 2011, even as the broader market stayed mostly flat. Berkshire shares dropped 4.7% on the year, while the S&P 500 Index closed out 2011 essentially unchanged, just 0.003% from where it started.

What, exactly, does Mitt Romney have against Big Bird?

The top lobbyists representing Greek bondholders said Tuesday that progress has been made in negotiations over an agreement to cut the nation’s crushing debt load.

The Federal Reserve is about to give even more detailed forecasts about where it expects its key interest rate to be years from now.

Much has been made of the grave risks the world faces in 2012. The Euro seems bound to collapse. China’s overheated real estate market may lead to a massive slowdown in that country. Iran is threatening to close the Strait of Hormuz.

Big bank stocks ushered in the New Year by doing something they rarely did in 2011 … leading the market higher.

Super Bowl 2012′s ad spots have sold out at record high prices, according to NBC Sports, which is broadcasting the event from Indianapolis on Feb. 5.

Concerns are growing that the Federal Housing Administration will need to be bailed out by taxpayers.