Stock rally signals potential strong year for investors
New York notes a pattern since 1973 where a big January advance predicts solid gains for the year. Monday's Dow rose 155 points and the S&P 500 gained about 1.5 percent, fueling optimism though risks like the December jobs report and rising rates remain. Analysts warn that 2009’s strong gains are unlikely to repeat, suggesting caution for a continued rally.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Schaeffer
Labor Department
S&p
IRS to require tax preparers to pass test and register
The IRS will require tax preparers to pass a competency test and register with the government to regulate a largely unregulated industry. While the rule won’t affect this filing season, the agency aims for all paid preparers to be registered by 2011 with annual training and penalties for unethical conduct. IRS will issue notices to about 10,000 preparers with frequent errors.
MENTIONED IN THIS ARTICLE
Washington
IRS
Internal Revenue Service
Doug Shulman
Shulman
Fiel Shulman
White Elephant Resale Shoppe opens in North Ridgeville
Mindy Cawley opened the White Elephant Resale Shoppe on Nov 15 to offer adult and children's clothing, toys, home decor and more. Consignments are by appointment on Mondays and Tuesdays with price reductions after 30 days if items do not sell. The shop aims to serve the south side of North Ridgeville by recycling items for new owners and features a daisied elephant sign with personal meaning.
MENTIONED IN THIS ARTICLE
North Ridgeville
Mindy Cawley
Cawley
Don Mould
New Retail Venture Opens in Ridgeville at White Elephant
The White Elephant Resale Shoppe on Lorain Road in Ridgeville opens with owner Cawley praising family support. Readers are urged to submit new business notices via ctnews chroniclet.com with contact details for coverage. Contact Rob Swindell at 329-7155 for questions.
MENTIONED IN THIS ARTICLE
Lorain County
ctnews@chroniclet.com
Rob Swindell
Chroniclet
Health spending reaches 2.3 trillion in 2008 amid recession
A federal analysis shows U S health care spending rose to 2.3 trillion in 2008 despite the recession, accounting for over 16 percent of gross domestic product. The per person cost hits 7681 as Obama pushes reform and officials warn of rising costs. CMS official Jonathan Blum calls the report both welcome and warning.
MENTIONED IN THIS ARTICLE
Washington
U.S
Barack Obama
Obama
Congress
Jonathan Blum
Centers For Medicare
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Wall Street
New York Stock Exchange
Stephen Ohlemacher
Associated Press
White Elephant
NEW Business News
Lorain Road
Ridgeville
Centers For Medicare and
Medicaid Services
Source
Centers For Medicare and Medicaid Services
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