If you're keeping on top of the stock markets this morning, Thursday, January 17, 2013...
The Nikkei was up 9 points today in Tokyo.
The Dow dropped 23 points in trading Wednesday.
But the Nasdaq was up 6
Two more big banks - Citigroup and Bank Of America release their earnings today. Wednesday, Goldman Sachs and JP Morgan Chase each reported quarterly profits that beat Wall Street's estimates. After the closing bell, EBay reported profits slightly better than expected.
Many charities and non profits are worried that new limits on tax deductions will make the wealthy feel less charitable. The limits are part of the new tax law Congress passed. They reduce the value of itemized deductions for individuals making more than $250,000 and married couples making more than $300,000.
And Moody's Investors Service is giving colleges a bad grade. The ratings agency has downgraded its outlook for the higher education sector to negative. Moody's says even prestigious, top-tier universities are now under threat from declining enrollment, federal spending cuts and even growing public doubts about the value of a college degree. The downgrade may make it more expensive for some colleges and universities to borrow money.
The Nikkei was up 9 points today in Tokyo.
The Dow dropped 23 points in trading Wednesday.
But the Nasdaq was up 6
Two more big banks - Citigroup and Bank Of America release their earnings today. Wednesday, Goldman Sachs and JP Morgan Chase each reported quarterly profits that beat Wall Street's estimates. After the closing bell, EBay reported profits slightly better than expected.
Many charities and non profits are worried that new limits on tax deductions will make the wealthy feel less charitable. The limits are part of the new tax law Congress passed. They reduce the value of itemized deductions for individuals making more than $250,000 and married couples making more than $300,000.
And Moody's Investors Service is giving colleges a bad grade. The ratings agency has downgraded its outlook for the higher education sector to negative. Moody's says even prestigious, top-tier universities are now under threat from declining enrollment, federal spending cuts and even growing public doubts about the value of a college degree. The downgrade may make it more expensive for some colleges and universities to borrow money.
