There was indication that the trading among the US stocks would be a bit choppy on Monday in the wake of the global growth concerns which are keeping the investors at bay. Due to the current economic downfall globally, investors are pretty wary and are withholding themselves of outing money into the market.
As per the IRS report, it has been revealed that numbers of millionaires who have received tax audit have doubled this year in comparison to 2011. The IRS said that in 2010 and in 2011, overall 1% of taxpayers were audited, but the percentage has jumped to 12% in 2012 for millionaires, who earn between $1 million and $5 million.
It has been recently revealed in a report that the oil industry has planned to decrease the prices of gas. This means that there can be more oil production in the time to come, on a domestic basis. There shall be no extra taxes to be borne by the refineries and this is sure to help the price of oil to come down in the near future.
As per recent information, it has been revealed that on Thursday, the euro slammed down and it was highly susceptible to more and more loss following a fragile euro zone data which, as per the majority of market experts, resulted in adding worries regarding a deepening hold up in the area while below-forecast information out of China eventually dented the Australian dollar which had long been h
As per reports, it has been revealed that General Mills Inclusive is under pressure of rising cost and it has made them struggle to earn desired profits. The Minneapolis-based company which makes Cheerios cereal, Natural Valley granola bars and Hamburger Helper, said that like their peers, they are also struggling with increased costs, like labor price and increased ingredients cost.
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