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IRS Writes New Accounting Rules for Asset Repairs

The Internal Revenue Service issued new rules to clarify the difference between a business expense that is a repair and tax-deductible and one that is an improvement but not deductible right away.
Best Deals in Post-Holiday Sales Season

After Christmas Sales 2011: Best Deals at Walmart, Costco and More

From great shopping deals at Walmart, Lowes and Best Buy to post-holiday savings at stores like JC Penney, Target and CVS, here are some of the best after Christmas sales of 2011, with up to 80 percent off items before the New Year. Check out the best of the post-holiday season here, before the deals end!
Europe's Markets

Europe's Markets Inch Higher Tuesday at Mid-Day

European stocks crept higher on Tuesday, catching the tailwind of a pre-holiday U.S. rally, while the euro was hamstrung by the prospect of a large Italian debt auction later in the week.
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Greek retail sees worst Christmas sales in decades

Greece's stores had their worst Christmas in decades, with retail sales dropping by 30 percent compared with the same period last year as the economic crisis shattered consumer confidence, the ESEE retail federation said on Tuesday.
Best Deals in Post-Holiday Sales Season

U.S. stores hope Mega Monday led to brisk sales

Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season.

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