For weeks, President Obama has pressed Congress to come to an agreement to extend the payroll tax cut into 2012. This afternoon, that's exactly what happened. In a statement, the President praised the good news: For the past several weeks, I’ve stated consistently that it was critical that Congress not go home without preventing a [...]

This Week on the Economic Front in the USA December 12th, Monday Treasury Budget, November (14:00): -9.5-B expected, -0.4-B past December 13th, Tuesday Retail Sales, November (8:30): 0.6% expected, 0.5% past Retail Sales ex-auto, November (8:30): 0.5% expected, 0.6% past Business Inventories, October (10:00): 0.9% expected, 0.0% past FOMC Rate Decision, December (14:15): 0.25% expected, [...]

Bank of Canada holds lending rate at 1% The Bank of Canada kept interest rates at 1% Tuesday after warning that the recession in Europe will be worse than expected. Bank of Canada Governor Mark Carney said in a statement that monetary stimulation is needed to prevent the economic slowdown from worsening and spreading. “Uncertainty [...]

Earlier this week, I highlighted a new story from the Associated Press indicating that seniors who hit the prescription drug coverage gap known as the donut hole will save an average of 0 this year alone. Today, we got more good news for people with Medicare. Released today, a new report from the Government Accountability [...]

Nu Skin Enterprises, Inc., NYSE:NUS, Regeneca Inc , PINK:RGNA, Avon Products, Inc. NYSE:AVP Nu Skin Enterprises, Inc., NYSE:NUS Nu Skin Enterprises, Inc. updated its fourth quarter 2011 and recently issued fiscal 2012 guidance. The Company increased its fourth quarter 2011 revenue guidance to 5 to 5 million and earnings per share by .02 to .68 [...]