peter thiel

The 9 Most Important Financial Stories of 2012

Sometimes the most important news stories get overshadowed by short-term crises and teakettle tempests. With that in mind, we at DailyFinance decided to take a look back at the nine stories of 2012 that are likely to have the biggest impact on your wallet in the year ahead.

Did Tea Party's Top Campaign Donors Tax Themselves?

Tea Party mega-donors poured hundreds of millions into the 2012 election, and one of their key goals was to keep taxes low for the rich. Had Romney won, their investments could have paid off mightily. Here's a look at how what they donated compares with what they'd have saved under Romney.

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.

How to Go to College Without Going Broke

Between rising tuition and a weak job market, some pundits argue that higher education isn't worth the money anymore. But college grads on average earn more than twice as much as workers with only a high school diploma. So how can you get a degree without spending the rest of your life in debt?

E-Book Soundtracks: The Next Revolution in Reading?

New startup Booktracks is creating soundtracks for e-books with technology that tracks your reading speed and syncs the sound perfectly to the text. The company promises it will revolutionize reading, and authors like Salman Rushdie and Jay McInerney are giving it a try. But do books really need a Hollywood makeover?