SAN FRANCISCO (AP) - Yahoo got a little healthier during the last three months of 2012 as the long-suffering Internet company took advantage of higher ad prices and more money coming in from overseas investments to deliver numbers that exceeded analyst forecasts.
In last week's column, I reviewed the ten most common misconceptions people have about Social Security benefits. But the program side of Social Security is only half the picture. There is also the policy and political side of our nation's bedrock retirement system. In fact, because of crazy rumors spread on the Internet, far more people have been misled into believing nutty stories about Social Security policies, especially when it comes to financing the program. I've discussed these issues many times before in this column, but based on the emails I get, no one is listening!
WASHINGTON (AP) - Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year - as long as Congress avoids cutting spending too deeply in a budget deal and Europe's economy gradually improves.
NEW YORK (AP) - Passing another milestone on the nation's long journey back from the Great Recession, the Standard and Poor's 500 index closed above 1,500 for the first time in more than five years Friday after a wave of good earnings reports.