  | | | | WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the third quarter as restocking by businesses provided a big boost, but consumer and business spending were revised lower in a sobering reminder of the recovery's underlying weakness. | | |  | | | | WASHINGTON (Reuters) - Republican unity against raising tax rates for the wealthy began to show cracks on Wednesday after a conservative congressman said he would back an agreement with President Barack Obama to raise rates on the rich but extend tax cuts for income below $250,000. | | | |  | | | | WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the third quarter, but the momentum is unlikely to be sustained as the nation braces for deep cuts in government spending and tax increases early next year. | | | |  | | | | WASHINGTON (Reuters) - From where I sit, $250,000 a year - the amount President Barack Obama and other Democrats say is top-tier household income - is a substantial amount of money. But I don't sit in Manhattan or Honolulu or San Francisco, where folks say they can easily blow through that much paying rent and childcare, and not living like kings. | | | | | | NEW YORK (Reuters) - With Wednesday's announcement that it will pay a special dividend of $7 per share, Costco Wholesale Corp is the latest company to boost payouts in an attempt to get ahead of any possible tax increases next year. | | | | | | BOSTON (Reuters) - London-based insurer Old Mutual Plc is likely to follow its Dutch competitor ING Groep NV and move to take its U.S. money management unit public, analysts said, as tighter capital rules in Europe loom for the industry. | | | | | | WASHINGTON (Reuters) - U.S. securities regulators on Wednesday charged the former chief executive of Delta Petroleum Corp with leaking confidential information to a friend about an impending large investment in the company by a well-known private firm. | | | |  | | | | (Reuters) - The appointment of Elisse Walter as head of the U.S. Securities and Exchange Commission leaves financial advisers in the dark about potentially dramatic changes to the business of managing money. | | |  | | | | WASHINGTON (Reuters) - New U.S. single-family home sales fell slightly in October and sales for the prior month were revised sharply lower, casting a faint shadow over one of the brighter spots in the U.S. economy. | | | |  | | | | (Reuters) - Retailer Costco Wholesale Corp said it would pay a special dividend totaling roughly $3 billion, the largest payout so far from any company ahead of a likely increase in the U.S. dividend tax. | | | | |  |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | |  | |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | » MORE NEWSLETTERS | |
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