washington

6 Strange New Taxes That May Be Headed Your Way

With both the sequester and tax filing season under way, most people thinking about taxes have their minds on Washington, D.C. But a new Time article points out six new, and frankly strange, state taxes that may be coming your way in the near future.

Tax Bills for the Rich Approach 30-Year High

With Washington gridlocked again over whether to raise their taxes, it turns out wealthy families already are paying some of their biggest federal tax bills in decades even as the rest of the population continues to pay at historically low rates.

Obama Agenda Will Confront GOP On Debt

Deficit spending got just a single mention in President Obama's inaugural address. But the outcome of the the long-running conflict with Republicans over his tax-and-spend policies will help shape the government's role in coming years, not to mention Obama's legacy.

The 6 Biggest Busted Bets of 2012

As pundits and politicians rush to sew the year up into a neat little bundle, we decided to look at 2012 from a slightly different angle. Here is our list of the year's worst bets -- six developments that seemed like sure things in January, but were bust by December.

Marijuana Legalization: 3 Legit Angles to Profit From Pot

When talking about the groundbreaking pot legalization propositions that passed this month, news anchors can't seem to get through a sentence without giggling. But this is a serious issue, and presents investors with a serious chance to profit from the change in America's drug laws.

Five Takeaways from the Debt Debate

As the debt-ceiling discussion winds down in Washington and everyone laments over the meaning and mutual downside of compromise, the economy is still in trouble. But we learned some lessons along the way. Here are some key points from the debacle.

'Sesame Street' Coming to New Children's Museum

"Sesame Street" will soon have a place in the National Children's Museum. The creators of the long-running children's show are developing an interactive area at the facility, slated to open near Washington D.C. in 2013.

20 Metro Areas With the Worst Credit Card Debt

Equifax has ranked the U.S. metropolitan areas that are still suffering the most from high credit card debt, and found the majority of the areas with the highest debt-to-income ratios are located in six states. But the six might not be the ones you'd guess.

Rising Suburban Poverty Challenges the Safety Net

While the Great Recession caused the U.S. poverty rate to hit a 15-year peak, a longer trend has seen suburban poverty increasing. According to a new report, the recession only exacerbated the problem, with social safety nets providing fewer services to meet the rising need.

Court Ruling Pressures Stem Cell Stocks

Companies involved in researching medical techniques using stem cells saw shares tumble across the board Tuesday, a day after a federal court ruled to block government funding for stem cell research.