Campaign Promises Revisited: Obama's Mixed Economic Record
A special report looks back at President Obama's campaign promises for jobs and the economy, and what he has done -- or not done -- to keep them.
fiscal cliff
What You Can Learn From an Online Poverty Game
Playing Spent forces you to make the wrenching decisions that America's poor, especially the elderly, face on a daily basis
Why the Budget Battle Stalemate? Politicians Are Too Human
Professionals who special in conflict resolution recognize in Washington's bitter budget standoff a hint of human nature as they know it, but with the crazy pumped up to absurd levels.
Walmart Blames Taxes for February Sales 'Disaster'
Walmart released its fourth-quarter results Thursday morning, reporting a mixed bag on earnings and sales. But the big story of the day was the retail giant's February sales "disaster," which it blamed largely on tax issues.
Obama Presses Congressional Republicans to Avert Sequester
President Barack Obama is urging congressional Republicans to accept more tax revenue in order to avert the sequester -- an $85 billion, across-the-board budget cut due to take effect March 1 that could derail America's still stuttering economic recovery.
Tax Law Changes You Need to Know About for 2013
Just because the IRS is left scrambling to catch up with the fiscal cliff tax regulations shouldn't stop you from preparing your income tax return. Here are some important changes to the tax code to help you get started.
Fiscal Cliff Deal Sets the Stage for Market Turmoil
When the fiscal cliff deal finally passed, the Dow Jones industrial average surged. But that doesn't mean the volatility is over. In fact, there could be more turmoil in the market soon because decisions on cutting the federal budget deficit have been put off until March, when the government will reach its borrowing limit.
Debt Crisis Looms as Congress Digs in Its Heels
Legislators show no signs they're heading toward compromise in resolving the nation's next financial crisis, with Democrats talking about further taxes hikes on the rich, and Republicans saying a crippling default on U.S. debt is possible unless they get significant cuts in government spending.
Fiscal Cliff Averted: 6 Things You Can Stop Worrying About
After months of lead-up, America finally went over the fiscal cliff -- for about 34 hours, before a bipartisan compromise was reached. So, with an eye toward the bright side, here's are six things that you no longer need to worry about now that the fiscal cliff has been averted.
8 Things That Will Cost More in 2013
Happy New Year! Your life just got more expensive. While congress frets over the looming fiscal cliff and taxpayers brace themselves for higher tax rates, consumers should prepare for certain goods to become pricier in 2013.
What History Predicts for Stocks in 2013
The race doesn't always go to the swift, goes the old saying. But that's the way to bet it, replies the savvy gambler. So it is with the old saying about the stock market. Past performance is no guarantee of future returns. But it still makes sense to look at historical data - because that's the way to bet it.
Wall Street Year in Review: A Surprisingly Good Vintage as Market Logs Gains
If you'd told investors what was going to happen in 2012 and asked how the stock market would perform, few would have predicted a good year. But that's just what they got.
Fiscal Cliff Averted: Details of the Deal
An agreement was reached late Monday between the White House and Senate Minority Leader Mitch McConnell aimed at averting the fiscal cliff. Early Tuesday morning, the Senate passed the bill, and late Tuesday night, so did the House. Let's break down the key points of the deal.