Upscale shoppers regain confidence as sales rise
Wealthy customers resume spending amid stock gains and Iraq war resolution. Ellen Harris and Demni Podes buy expensive items at Bergdorf Goodman while Barneys New York and Nordstrom report solid rises. Lower income retailers like Wal Mart and Kohl’s still lag, with May sales missing expectations.
MENTIONED IN THIS ARTICLE
New York
Bergdorf Goodman
Bill Blass
Ellen Harris
Madison, N.J
Iraq
Wal-Mart
West Little Rock
Ark
Vanessa Wilson
Benton, Ark
Neiman Marcus
Nordstrom
Barneys New York
Louis Feraud
Demni Podes
Red Bank
N.J
Kohl’s Corp
Family Dollar Stores Inc
Big Lots Inc
Wall Street
Tom Williams
Dean Taylor
Robert Burke
Veronica Goodrich
New York City
Iowa farmers eyed by California firm for tax savvy estate plan
A California firm Argus Realty Investments markets tenant in common real estate investments under IRS Section 1031 to Iowa farmers nearing retirement. The plan defers capital gains tax on sale proceeds by reinvesting in income property within 45 days and 180 days. Investors gain proportional shares of income and appreciation, with Argus arranging financing and management.
MENTIONED IN THIS ARTICLE
Gazette
Cedar Rapids
California
Iowa
Argus Realty Investments LLP
Trevor Gordon
Argus
San Juan Capistrano
Calif
Gordon
Midwest
Timothy Snodgrass
Berthel Fisher & Co
Money fund yields ease in latest week
Money market funds show a small pullback with seven day yields at 0.67 percent from 0.68, and 30 day yields steady at 0.69. Bankrate surveys indicate lower money market and CD yields across major banks, with total retail assets slipping to about 2.177 trillion for the week.
MENTIONED IN THIS ARTICLE
New York
Money Market
Money Fund Report
iMoneyNet Inc
Westboro
Mass
Money Funds
Money Fund
Bankrate.com
North Palm Beach, Fla
Investment Company Institute
Debit cards rise in use for security and speed
Consumers favor debit and other electronic payments for daily purchases and bill pay. Studies show 70 percent of check card users track spending better, 66 percent feel safer carrying less cash, and 76 percent save time. Technology expands pay options with swipes and contactless tests while consumer protections boost confidence. Susan Bondy invites reader questions via mail or email.
Also Mentioned on This Page
By Dave DeWitte
Carl Johnson
Berthel Fisher
Clive
Johnson
Creston
Arizona
Bankrate .Com
Credit Repair Service
FDIC
Susan Bondy
Susan
Askbondy
Bondy
the Gazette
Sylvia Brim
CPA
CFP
CSA
Realty
Skogman Realty
Call Holly
Pat Murphy
Collins Community 2D Credit Union
Lel
Collinscu.org
Renee
Teverson
Peo Bae Banker
Hedges Realty
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