You can’t turn on the television or open a magazine these days without hearing or seeing the term fiscal cliff. The media is awash with reports of President Obama and Speaker John Boehner’s negotiations over tax increases and …
The Federal Reserve is a famously inscrutable institution. Given their ability to move markets, Fed officials have long been in the habit of speaking in careful, jargon-laced language that is often constructed with the express …
The battle over the fiscal cliff so far has revolved around income taxes for the wealthy and entitlement reform. But there are many other ways the federal budget deficit could be trimmed that haven’t received much of the …
Never underestimate the importance of expectations. While most of us were bracing for a poor jobs report due to the disruptive effects of Hurricane Sandy, the headline numbers of 146,000 jobs added in November and a four-year-low …
It’s now conventional wisdom that the housing market — once the anchor that sank the American economy — is the ballast that’s keeping it afloat, however tenuously. The Case-Schiller index of home prices, released last week, …
When the Labor Department releases its November job growth estimates tomorrow, many are bracing for it to be the smallest number since June. Economists surveyed by CNNMoney predict the number will come in at a lackluster 77,000 …
While the President and Congress have seemingly made little progress in reaching a compromise that would help the country avoid the fiscal cliff, corporate America isn’t sitting idly by. Parts of the fiscal cliff are tax …
For some time during and after the financial crisis, it was fashionable to point to Canada as a paragon of fiscal and regulatory prudence. In the years leading up to the crisis, the Canadian government ran budget surpluses, which …
Over the years, Warren Buffett has gotten a lot of miles out of his folksy charm and ability to distill elaborate financial concepts into plain English. And recently, proponents of higher tax rates for the wealthy have gotten a …
Hurricane Sandy made it painfully clear how fragile a city composed mostly of low-lying islands can be, and that reality has put New Yorkers in an uncharacteristically insecure mood. The New York Times expressed these anxieties …
SEC Chairman Mary Schapiro announced yesterday that she would be stepping down from her role in December, marking the end of one of the most eventful four-year periods in the SEC’s history.
When she assumed the Chairmanship of …
The No. 1 issue on Capitol Hill these days is the so-called “fiscal cliff,” or the set of tax increases and spending cuts that will go into effect Jan. 1, 2013. A Congressional Budget Office Report issued this month projected …
