Greg Menses

Are we facing a double-dip recession?

Are we going to double-dip into another recession or not? That seems to be the question on everyone’s minds these days. The talking heads on the news channels will confuse even the smartest on Wall Street. No...

Child care expenses during the summer may qualify for a tax credit

School is out and anyone with school age kids has their hands full keeping the kids busy during the summer. The IRS wants you to know that there may be some relief when it comes tax time. Your summer day...

Payrolls in U.S. increase in May less than forecast

In May there were fewer workers hired than what economist forecasted showing that there is a lack of confidence in the economic recovery which may mean slower growth. Even though the payroll rose by 431,000 last month, it was...

Jobless claims rise 25,000 last week to 471,000

Hi all. Here is my take on all of this. The market is clearly in a down trend. We continue to break key support levels and bonds are not attractive unless you hold them to maturity. I will not be...

Initial jobless claims fell by 4,000 to 444,000 in the week ended May 8, higher than the median fore

Initial jobless claims fell by 4,000 to 444,000 in the week ended May 8, 2010. The Labor Department figures showed the number of people receiving unemployment insurance increased and those getting extended payments fell. New claims for unemployment...

Feds leave interest rates unchanged

As widely expected, today April 28, 2010, the Federal Reserve left the benchmark interest rates unchanged at 0-.25% and said that the rates will stay low for an “extended period”. In the statement today the Fed...

Initial Jobless Claims in U.S. Declined Last Week to 456,000

As the economy in the United States continues to rebound the number of Americans filing claims for unemployment benefits fell last week. Today, the Labor Department reported that the initial jobless claims dropped by 24,000 to 456,000 in...

Tax deadline extension for many locals

As the April 15 tax filling day looms, many Massachusetts taxpayers are getting a break in the form of a May 11 tax deadline extension for both their federal and state tax returns. The Internal Revenue Service granted the May...

Jobless claims fall

Fewer Americans filed claims for jobless benefits last week, according to the Labor Department in Washington. Initial jobless applications dropped by 6,000 to 439,000 in the week ended March 27. The average number of claims during the last...

Fed holds rates at record lows

On Tuesday March 16, 2010 The Federal Reserve said it will leave its benchmark interest rate near zero for an extended period to safeguard the economic recovery. The Federal Reserve repeats its pledge to keep interest rates at record lows...

Are we facing a double-dip recession?

Child care expenses during the summer may qualify for a tax credit

Payrolls in U.S. increase in May less than forecast

Jobless claims rise 25,000 last week to 471,000

Initial jobless claims fell by 4,000 to 444,000 in the week ended May 8, higher than the median fore

Feds leave interest rates unchanged

Initial Jobless Claims in U.S. Declined Last Week to 456,000

Tax deadline extension for many locals

Jobless claims fall

Fed holds rates at record lows

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