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Money & Markets

Sign of the times - lenient IRS

January 7, 2009

As the nation sinks deeper into recession, the IRS is offering to waive late penalties, negotiate new payment plans and postpone asset seizures for delinquent taxpayers who are financially strapped but make a good-faith effort to settle their tax debts.

State regulators sue money fund manager

January 7, 2009

Colorado securities regulators have filed a lawsuit against the manager of a money market fund that collapsed in September because of losses related to the bankruptcy of Lehman Brothers.

Social Security beefs up Web site

January 7, 2009

The Social Security Administration, envisaging the near-future prospect of 10,000 baby boomers applying for benefits every day, has put together a new online service that will allow people to get their benefits without ever traveling to a Social Security field office.

Foundations help nonprofits stung by Madoff scandal

January 7, 2009

Nonprofits that are struggling because their donors lost money with Bernard Madoff are getting a bailout - but not from the government. Richer foundations are stepping in to help.

Pending home sales hit lowest level on record

January 7, 2009

Pending U.S. home sales fell to the lowest level on record in November, as the plummeting stock market and faltering economy caused buyers to delay their purchases, the National Association of Realtors said Tuesday.

Hopes for rebound send stocks higher

January 6, 2009

Wall Street brushed off more bad economic news Tuesday to finish with a moderate advance that left broad stock indexes at their highest levels in two months.

System 'failed miserably'

System 'failed miserably'

January 6, 2009

Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the Securities and Exchange Commission. Above, Madoff, front, leaves federal court in Manhattan.

Colorado feels ripple effects of Madoff case

January 6, 2009

Neither the Fire & Police Pension Association of Colorado nor the Nurse-Family Partnership in Denver had direct ties to Bernard Madoff, but they are among the many organizations affected by his alleged scam.

Investors cash in on gains after Dow's climb on Friday

January 5, 2009

Caution returned to Wall Street Monday as investors gave back some gains from last week's rally even as they found encouragement from President-elect Barack Obama's calls for an economic stimulus package.

Scrambled nest egg? It's time for Plan B

January 3, 2009

The safety net is almost gone, the nest egg is cracking.

Wall Street starts new year with a bang

January 3, 2009

Wall Street started 2009 with a big rally Friday as investors, brushing aside a disappointing report on manufacturing, sent the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months.

Dow jumps 250 despite manufacturing blues

January 2, 2009

Wall Street began the new year optimistically today as investors brushed off a weaker-than-expected report on manufacturing and sent stocks sharply higher. The Dow Jones industrials closed up more than 250 points.

Bank of America, Wells Fargo complete mega deals

January 1, 2009

Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared and job losses mounted.

What's next for the markets in 2009?

What's next for the markets in 2009?

December 31, 2008

After all we saw in 2008, what's next for 2009? Not surprisingly, investment pros and economists contacted by the Rocky Mountain News are all over the map in forecasting what will happen to your portfolio this year. Highlights from our e-mail survey.

Some fund managers see '09 as period of opportunities

December 31, 2008

Colorado's humbled mutual fund managers, many facing losses of more than 40 percent over the past year, are looking forward to 2009 after months of Wall Street drama and severe stock market declines.

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