| Dec 11, 2012
| 8:54 AM
American small business owners are in a sour mood, with optimism at one of its lowest levels since 1986, but don’t blame Superstorm Sandy.
It’s the fiscal cliff’s fault, according to a new report from the National Federation of...
| Dec 10, 2012
| 10:14 AM
The season of big-bellied, white-bearded old men is upon us, and there seems to be more of them this Christmas than ever before.
“Santa Claus is in high demand this year,” said Holly Valent, registrar for the Charles W. Howard Santa Claus...
| Apr 26, 2013
| 8:35 AM
WASHINGTON -- The U.S. might not hit its debt limit until October because of improved economic growth and higher tax revenue this year, according to a new estimate released Friday.
The projection by the Bipartisan Policy Center would give Congress and...
| Dec 5, 2012
| 12:42 PM
The "fiscal cliff" is looming. Talks are basically at a standstill. Fingers are being pointed. Here to weigh in: two sets of Simpsons.
One, the animated Fox TV show “The Simpsons,” gets its resident moneybags, Mr. Burns, to explain the...
| Jun 10, 2013
| 9:58 AM
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating.
The automatic federal...
| Feb 8, 2013
| 6:00 AM
Don’t worry if you haven’t received your expected IRS tax refund. Most people haven’t -- and the fiscal cliff is to blame.
The Internal Revenue Service is far behind its normal pace in processing federal tax returns and mailing...
| Jan 15, 2013
| 8:27 AM
Economic prognosticators spent the end of 2012 fretting about looming spending cuts and toxic tax increases. Consumers, however, spent it shopping.
Retail sales across the nation rose 0.5% to $415.7 billion in December as Americans put fiscal cliff...
| Feb 11, 2013
| 11:06 AM
The Securities and Exchange Commission’s revolving door is spinning as feverishly as ever.
Lawyers who leave the SEC for private law firms often immediately begin lobbying on behalf of their new corporate clients, frequently trying to weaken...
| Apr 29, 2013
| 6:36 AM
WASHINGTON -- Consumers spent more in March even as their income rose less than analysts had projected, a mixed economic message to start a week that will end with the latest government unemployment report.
Consumer spending was up 0.2% last month, down...
| Feb 8, 2013
| 8:05 AM
The beleaguered U.S. Postal Service can't seem to catch a break.
Just two days after announcing it would cease Saturday delivery of first-class mail later this year, the agency Friday announced it lost $1.3 billion during the last three months of 2012. ...
| Feb 15, 2013
| 11:41 AM
Gold still glitters, but a bit less brightly as it fell below $1,600 on Friday for the first time in six months.
In one of the contrarian ways of the financial markets, gold has weakened as evidence has mounted that the global economy is recovering....