George W. Bush

'Dow 36,000' Co-Author Says This Time, It'll Happen

With the Dow back to record highs, James K. Glassman, co-author of the most infamously wrong investment book of all time, 1999's "Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market," has resurfaced to insist that he and Kevin Hassett weren't wrong, just ahead of their time.

Pop Quiz: Fun Facts from Inauguration Days Gone By

On Monday, President Obama will be inaugurated again, and an estimated 800,000 people will descend on Washington, D.C., for the occasion. To get yourself ready for the festivities, take this little quiz that features some high and low points from America's 57 inaugurations.

Higher Taxes in 2013? You're Already Paying Them for 2012

More than 70 tax breaks enjoyed by individuals and businesses expired at the end of 2011. If Congress doesn't extend them retroactively back to the beginning of this year, a typical middle-class family could face a $4,000 tax increase when it files its 2012 return.

How Far Over the Fiscal Cliff Could Washington Go?

The dealmakers who warn that a year-end plunge off the "fiscal cliff" would be disastrous don't seem to be rushing to stop it. Why aren't they panicking? Because those master procrastinators know that Washington deadlines are rarely firm, and they know precisely how they can finagle more time.

The Surprising Facts About Mitt's 47% Who Pay No Income Tax

Mitt Romney has been taking some flak for saying the he's not going to try to win votes among the 47% of the populace that pays no federal income tax -- nor try to convince them to "take personal responsibility and care for their lives." But he should look more closely at who's in that group.

Super PACs: New Rules, But an Old Political Game

Pundits have lately focused on the growth of super PACs -- and the power of the mega-rich men who fund them -- but the current business-sponsored presidential contest isn't unusual: There's a long and rich tradition of election-buying in American history.

Lean Bonus Season Ahead for Wall Street Bankers

With unemployment still high, late mortgage payments rising, and the number of Americans in poverty at record levels, it seems that Main Street is headed for a hard, cold holiday season. But, somewhat surprisingly, so too are the fat cats of Wall Street -- relatively speaking.

9/11 Survivor Finds 'Purpose' by Helping Others

In 2001, Nicole B. Simpson was just another Morgan Stanley financial planner on the 73rd floor when the 9/11 attacks struck. She survived, but the emotional trauma left her old life in the wreckage. Eventually, though, she found a new purpose in helping others through traumas of their own.

How Rich Is Rich? Where We Draw the Wealth Line

America has always had a love/hate relationship with its wealthiest citizens, and the Great Recession has only made it worse. The trouble is, while everybody knows that "the rich" are the enemy, it's hard to determine where exactly the line lies between salt-of-the-earth members of the middle class and the bloated plutocrats.

Obama to Work With Congress on Tax-Cut Agreement

President Barack Obama, who has disagreed with Republican Congress members on whether to extend George W. Bush-era tax cuts for wealthier Americans beyond this year, said Tuesday that he will work with U.S. senators on finding some sort of tax-policy agreement by the end of the year.

Obama Administration to Install Solar Panels on White House

Next spring, the First Family will begin to receive solar electricity and solar-heated water from a new solar system that will be installed on the roof of the White House as part of the Obama administration's effort to showcase American solar power technology.

Tony Blair Stirs Big Sales -- and Big Controversy

Despite -- or probably partly because of -- a considerable public outcry, Tony Blair's memoir is doing brisk business on both sides of the Atlantic. Will George W. Bush find similar success later this fall?

Obama's Business-Friendly Proposals Aim to Quiet His Critics

Recognizing that voters are worried about the economy, President Obama is offering an olive branch to his critics with a $50 billion infrastructure plan and a deal to make the R&D tax credit permanent. Conservatives say it's too little too late, but the game is far from over for the Democrats.

Selling Education Short: For-Profit School Stocks May Be Ripe for a Fall

Since George W. Bush gutted regulations on the for-profit education industry, it has experienced huge profit growth, while appalling percentages of its students drop out with no degrees and big debts. But if the government restores consumer protection regulations, look for those profits to plummet.

One Year Later: Are we socialist yet?

Of all the effects of 2008's economic meltdown, the most significant might be the growing belief that the country is now on the road to socialism....