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Small Talk: Economy keeps some firms from using tax break (The Salt Lake Tribune) When Congress passed the economic stimulus package back in February, the measure contained a huge tax break for small businesses, dramatically increasing a popular deduction on equipment purchases.
- biz.yahoo.com
Fed official in Ohio says nation in recession (AP via Yahoo! Finance) The president of the Federal Reserve Bank of Cleveland said Friday she believes the nation is in a recession. "Collectively, the information I have been looking at tells me that the economy is now in a recession, although the National Bureau of Economic Research, the referee in such matters, has yet to call one," Sandra Pianalto said during a speech at The City Club of Cleveland.
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