Today’s News

Today's Federal Register. You can read about a report, published by the Economic and Social Research Council, which describes the pension crisis facing Britain as taking a particularly harsh toll on women, in an article entitled: "Babies or Pension choice…

Today’s Federal Register.

You can read about a report, published by the Economic and Social Research Council, which describes the pension crisis facing Britain as taking a particularly harsh toll on women, in an article entitled: “Babies or Pension choice for women.”

Mark Schwanhausser for the Mercury News has this article–“Market rally breathes new life into stock options.”

Tax Cut Benefits: Fuzzy–It’s not yet clear whether President Bush’s $330-billion tax cut will stimulate the economy — or drag it down. Plus: The IRS shutters a stock option tax shelter“: Marie Leone and Kris Frieswick for CFO.com report. Also, at CFO.com–“ ESOPs: Split Personality: An ESOP is a retirement plan. No, it’s an ownership investment. Wait — it’s neither one” by Kris Frieswick.

The front page of today’s edition of the Wall Street Journal has this report by Kelly Greene: “As Fed Cuts Rates, Retirees are Forced to Pinch Pennies.” The article discusses the “dark side of falling interest rates” and details how those retirees relying on interest income to make ends meet are really hurting financially. The article states: “These are the people who tried to do everything conservatively with their money. For the most part, they didn’t chase Internet stocks, and they didn’t load up on debt. They sacrificed to pay off the mortgage while building nest eggs to leave their kids.”

Today’s Wall Street Journal also contains the 2003 Quarterly Review for Mutual Funds.

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