Mar 13, 2013 Retail sales ticked up by 1.1 percent last month according to the Commerce Department. The growth was better than expected, despite higher gas prices and the payroll tax increase that went into effect at the beginning of the year.
Feb 21, 2013 The nation's largest retailer may see slump in February sales figures.
Jan 2, 2013 Steve Presser, proprietor of Big Fun toy store in Cleveland, says although the deal to avert the fiscal cliff eases uncertainty among consumers, the payroll tax increase raises a whole other list of issues.
Jan 2, 2013 The short-term stimulus plan had pumped billions into the economy.
Jan 2, 2013 The 2 percent payroll tax rise means that a person who earns $50,000 a year will pay $1,000 more in taxes.
Dec 28, 2012 For two years, paychecks have been a little fatter thanks to a payroll-tax cut. But did it stimulate the economy, and what happens when it goes away?
Jun 13, 2012 Bankrupt Swedish carmaker Saab may have found a buyer. There are reports National Electric Vehicles Sweden, a company backed by investors in Japan and Hong Kong, may close a deal.
Feb 17, 2012 Parts of the broadcast spectrum will be auctioned off to help cover the costs of the payroll tax cut and extended long-term unemployment benefits. Even a sliver of spectrum could bring a big chunk of cash.
Heidi N. Moore
Feb 16, 2012 Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year, which means more money will go into more people's pockets and perhaps, they will go out and spend it.
Heidi N. Moore
Feb 15, 2012 A tentative deal has been reached to extend the payroll tax cut, as well as some unemployment benefits and Medicare payments. As the economy stays sluggish, we're in an era of seemingly endless government stimulus.