Recent Posts

Attack Drives Up Oil Prices

LONDON – Oil climbed more than 3 percent Friday as rocket attacks in the Middle East and protests in Ecuador reminded the market how vulnerable supply lines are. Oil tumbled earlier this week on signs record crude prices were firing inflation and dampening company earnings. But news Friday that at …

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Tsunami Survivors Empathize

BANDA ACEH, Indonesia – For Nimal Premasiri, televised images of water surging into New Orleans (search) triggered painful memories. He lost his wife and daughter just eight months ago when waves “big as elephants” crashed into a packed commuter train in Sri Lanka. “God has made us equals in birth, …

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Uncle Sam Wants His Share

I’d like to sell one mutual fund and buy another. Will there be any penalties or tax implications? QUESTION: I want to sell one mutual fund and use the money to buy another. What process do I need to follow? Will there be penalties or tax implications? ANSWER: If you’ve …

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