| Nov 21, 2012
| 5:01 AM
It would be bad enough if the purveyors of economic and fiscal misdirection had done no more than describe a certain event looming at the end of this year as the "fiscal cliff."
The imagery evokes an elemental crisis that can be avoided only by the...
| Nov 25, 2012
Dear Liz: My wife and her brother are selling their parents' home. The parents transferred the deed to their children's names years ago. My wife should receive about $85,000 from the sale. Our yearly income (one salary; she's a stay-at-home mom) is around...
| Nov 14, 2012
| 3:28 PM
Fears are growing that the nation is hurtling toward the so-called "fiscal cliff" -- a combination of expiring tax cuts and automatic federal spending reductions that would take effect at the start of the new year unless Congress acts to stop it. Most...
| Nov 7, 2012
| 12:18 AM
WASHINGTON — For almost a generation, America's two major political parties have fought for supremacy in a fundamental debate over the size and scope of government. They have battled to a draw.
On such questions as whether Americans should pay...
| Feb 27, 2013
| 5:00 AM
The delusions of tea party Republicans are about to create a lot of misery for America. The "sequester" -- the drastic set of budget cuts formerly known as the "fiscal cliff" -- seems very likely to go into effect at the end of this week due in no small...
| 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...
| 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 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...
| Feb 14, 2013
| 11:04 AM
Small investors should beware of rising interest rates, a regulatory group warned Thursday.
The Financial Industry Regulatory Authority issued an “investor alert” warning individuals that their fixed-income holdings could lose value if...
| Feb 15, 2013
| 8:09 AM
Consumer sentiment rebounded solidly early in February after a disappointing showing the previous two months, according to a survey released Friday.
The monthly Thomson Reuters/University of Michigan consumer sentiment index rose to 76.3, up from 73.8...
| 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....