12% of taxpayers making $1 million or more were audited last year, up from 6% in 2009. Among those making less than $200,000, the audit rate stayed near 1%.
Traveleres and JC Penney are upgraded to 'outperform,' while Kohl's and Nordstrom are cut to 'hold.'
Analysis of plan says the rich would see taxes cut 15% and the middle class would see taxes fall 2.2%. The plan would increase the deficit, something the GOP candidate disputes.
Unless the company starts to serve third-party resellers better, it will begin to lose market share.
Greenbacks, scratch, rivets, frogskins. Call it what you will, it still spends.
Checks are finally being mailed to millions of credit card holders as a result of class-action settlement. Don't toss it.
Organizing your financial information at the beginning of the year will make next year's tax return easier to prepare. Brush up on tax law, too.
One-Percenter of the Week: The Senate's median net worth is $2.63 million. The House's is $756,00.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.