Shares in chip maker AMD dipped this morning in the US after their CEO, Dirk Meyers announced that he was resigning from the company effective immediately. Meyers departure from the company caused shares in AMD to dip sharply during early trading, as many investors have started to question the strategy of the chip producer. The […]
US banks are on the losing end after yesterday’s ruling in an US federal court regarding ownership proof for home foreclosures. The ruling stems from a lawsuit filed in federal court challenging the right of banks who no longer hold the title to a property to foreclose. Under the terms of the new federal mortgage […]
Independent advocates released a report this morning that shows the Internal Revenue Service is overusing tax liens against US taxpayers. According to the report released by the advocates, the IRS filed 168,000 tax liens in 2009 but they filed over 1 million tax liens in 2010. This number, according to the advocates, is significant enough […]