Tue, August 23, 2011
Today’s earthquake centered near Mineral, Virginia caught New Englanders by surprise as its shock wave rumbled through the area. Although we tend to think of earthquakes as a west coast phenomenon, today’s tremor reminded easterners that we get them sometimes too. How much does a standard homeowner’s policy cover in the event of an earthquake? Read the full article
Thu, August 11, 2011
This week, a friend expressed concern to me about the safety of his bank. So today I'm addressing two questions: how can you find out whether your bank is in good financial shape, and just how strong is the FDIC's insurance fund? Read the full article
Wed, August 10, 2011
Now that Standard and Poor’s has lowered the US debt rating to AA+, only sixteen nations have the highest rating from all three major ratings agencies (S&P, Moody’s and Fitch). Read the full article
Wed, August 10, 2011
Boston Restaurant Week, now in its 11th year, starts next week. For two weeks, August 14-19 and 21-26, fine restaurants in the Greater Boston area will offer discounted fixed-price menus to draw customers in during a traditionally slow month. Over 200 restaurants will offer 2-course lunches for $15.11, 3-course lunches for $20.11 and 3-course dinners for $33.11. Boston holds Restaurant Week twice a year, in August and March. Read the full article
Fri, August 05, 2011
Today is the 150th anniversary of the US income tax. Originally established to fund the Civil War, the Federal income tax underwent various changes, with the basic system we have today being established in 1913. It seems appropriate, on this anniversary, to note that we can expect to see some significant changes in the structure of the income tax code later this year.
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