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.
Jan 2, 2013 European stocks scored gains in early trading after the United States reached a deal to avoid the fiscal cliff, but will the optimism last?
Jan 2, 2013 After a day of wrangling, the House voted to approve a fiscal cliff deal late Tuesday night. What was the reason behind all the gridlock?
Jan 1, 2013 British worry that Americans will just keep printing money, rather than focus on our own austerity measures.
Jan 1, 2013 Fiscal cliff drama is playing out on American airwaves, but are Europeans paying attention? And what advice can the cash-strapped nations of Greece and Spain offer American lawmakers?
Jan 1, 2013 The fiscal cliff was hardly the only important deadline today in Washington. Today's the day for the Secretary of Health and Human Services to tell states whether their plans for health insurance exchanges pass muster.
Jan 1, 2013 The Senate deal permanently raises income taxes for individuals making more than $400,000 a year. It delays -- for just two months -- most of those automatic spending cuts that were set to kick in. And it includes a number of other provisions to stave off the most pressing aspects of the fiscal cliff.
Jan 2, 2013 The IRS faces a ton of decisions, changes and updates in the fiscal cliff deals. But until there is a deal, the federal agency is as uncertain about the future as everyone else.
Dec 31, 2012 Defense contractors are already cutting back as the war in Afghanistan winds down.