fiscal cliff


As fiscal cliff approaches, businesses start to prepare

Oct 24, 2012
The prospect of automatic tax increases and budget cuts creates uncertainty, holding back investment and hiring. Companies also are preparing to make their case to Congress for how to avoid the fiscal cliff entirely.
Posted In: fiscal cliff, hiring, whiteboard

Goldman CEO Blankfein warns 'fiscal cliff' threatens confidence in U.S. economy

Oct 2, 2012
Lloyd Blankfein, chairman and CEO of Goldman Sachs, says the U.S. risks a ratings downgrade and a hit to its reputation as a global business leader as legislators battle over the upcoming 'fiscal cliff.'
Posted In: Goldman Sachs, Lloyd Blankfein, Dodd-Frank law, fiscal cliff

The fiscal cliff explained (with help from Hollywood)

Sep 28, 2012
You've heard warnings about the economic disaster that could happen if Congress fails to avoid a fiscal cliff. But what is the fiscal cliff anyway? Sr. Producer Paddy Hirsch enlists the support of his friends Thelma and Louise in this three-minute explanation.
Posted In: fiscal cliff, Economy, defense, Bush tax cuts, whiteboard

Defense layoffs or bluff?

Sep 27, 2012
Contractors say 'fiscal cliff' could force layoffs; legal deadline for pink slips looms
Posted In: fiscal cliff, defense contractors

IMF's Christine Lagarde urges action on fiscal cliff, euro crisis

Sep 24, 2012
In an exclusive broadcast interview, the International Monetary Fund chief urged U.S. leaders to take swift action on the so-called fiscal cliff, and called for European leaders to continue vetting the region's debt crisis.
Posted In: IMF, Europe debt crisis, fiscal cliff

Bob Woodward on America heading for a fiscal cliff

Sep 11, 2012
Bob Woodward has been writing about politics and power since the '70s when he and Carl Bernstein broke the Watergate story. His latest book takes the reader inside the Obama White House during last summer's debt ceiling crisis.
Posted In: fiscal cliff

Tepid news in jobs, construction, retail

Aug 16, 2012
Today starts with some more tepid economic news. The number of people applying for unemployment benefits ticked up slightly to 366,000 last week.
Posted In: Housing, Federal Reserve, fiscal cliff

What the fiscal cliff could mean for individual taxpayers

Aug 9, 2012
We've talked about the possible effects of the fiscal cliff on the economy, but there will be immediate and duplicate consequences for individuals too.
Posted In: Money Matters, fiscal cliff

Preparing for a trip to the fiscal cliff

Aug 6, 2012
Lawmakers have left Washington for the August recess without taking action on the so-called fiscal cliff. Businesses and investors are trying to prepare as best they can, but what can the rest of us do?
Posted In: Bush tax cuts, fiscal cliff

Analysts expect dismal earnings season ahead

Jul 9, 2012
Today the aluminum company Alcoa kicks off America's quarterly corporate earnings season. Markets are bracing for disappointing numbers which may last through the Summer and Fall.
Posted In: Earnings, fiscal cliff