By STEPHEN OHLEMACHER, Associated Press Writer WASHINGTON – Tax dodgers who hid assets overseas will get a few extra weeks to apply for an amnesty program that has been flooded with applications ahead of the Wednesday deadline. The Internal Revenue Service said Monday the deadline will be extended until Oct. 15. More than 3,000 Americans [...]

Federal Reserve Chairman Ben S. Bernanke came close to declaring the recession over Tuesday, but warned that economic growth will remain too sluggish to quickly restore the nearly 7 million jobs lost since 2007. He made the remarks as a string of positive economic news helped lift stock indexes to new highs for the year. [...]

Research indicates that humans are not naturally wired for prudent, long-term investing. Scott Bosworth, Vice President and Regional Director, describes common forms of behavioral bias and discusses how these biases influence investment decision making. He also explains how knowledge and discipline can help investors control their instincts for a better investment outcome. (Running time: 20:00) [...]

All of us who have been paying attention to the health care debate have been hearing the same arguments over and over. I believe the one value of the oft repeated protests is that  Washington does know it has a problem. Many of the voters are very  upset with what they are attempting to do. [...]

IRA accounts are designed for retirement. If a person decides they want to access their account prior to age 59 1/2, they will incur a Federal Income Tax penalty for early withdrawal of 10% of the amount withdrawn. In addition, the amount withdrawn is deemed ordinary income and taxed as such. If that weren’t bad [...]

The statement that a money manager or broker cannot, with consistency, outperform “the market” is cause for a fight with most Wall Street types. So, I guess the first thing we should do is ask and answer, “Is this true that money managers cannot consistently outperform “the market”? Let’s begin with some factual data and [...]