Post Office's Saturday Cut: Too Little, Too Late
The delivery reduction is a step in the right direction, but experts say the business can’t simply rely on cost cutting measures in order to survive.
View ArticleForget Wall Street Investors, Local Residents Fund Neighborhood Development
Two Washington D.C. developers are changing the way neighborhood projects are developed and funded and his putting the power in the hands of the people who actually live in the area.
View ArticleBusiness World to Obama: Talk to Us
The business community will be listening intently to what the president outlines in tonight's State of the Union address regarding taxes, job creation and spending.
View ArticleObama Focuses on Boosting Economy
President Obama introduced a plan to reignite the middle class, called for a higher minimum wage, deficit reduction and more government investment in schools and clean energy in his State of the Union...
View ArticleGrilled on the Hill: Senate Panel Questions Lew
Treasury-secretary nominee Jack Lew faced the Senate Finance Committee on Wednesday, seeking to prove that he is qualified to become one of the nation’s top policy makers.
View ArticlePublic Dollars for Box Seats?
The Tampa Bay Rays are looking for a new home -- and they want taxpayers to foot the bill.
View ArticleSequestration Imperils Obama's Infrastructure Bank
With sequestration right around the corner, the president's plan to create a national infrastructure bank might be a particularly hard sell among plans to create jobs and fix the economy.
View ArticleBernanke Defends Bond-Buying Program
Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday it is 'clear' that the benefits of aggressive monetary policy outweigh the risks.
View Article401(k): Pass or Fail?
The 401(k) started out as a tax loop hole to supplement workers' savings and has grown to become Americans’ main retirement savings tool. And if you ask any boomer, it might be time to rethink our...
View ArticleSequestration: When Will You Feel the Pain?
The administration has warned that automatic budget cuts will bring flight delays, school cancellations, furloughed government workers and meat shortages -- but is it all hype?
View ArticleA Budget that Everyone Can Dislike?
The White House budget aims to find middle ground between the dueling parties, but, at the same time, both sides will find points of contention.
View ArticleObama Has Worst Financial Year Since He was Elected
Washington was gripped by budget battles in 2012, and new documents show it wasn't the best financial year for the first family, either.
View ArticleCell Phone Bill Shock Over?
We've all heard the horror stories of unsuspecting mobile customers opening enormous bills, but those days might be over. Starting today, phone companies must send customers four types of alerts when...
View ArticleIRS to Close for 5 Days Due to Furloughs
The IRS wills send out furlough notices next week to the agency detailing five days where the agency will be shut down. Will that mean fewer audits for taxpayers?
View ArticleGold Bugs Seek New Shelters as Prices Swing
Gold used to be considered a safe haven in a volatile market, but last week’s 7% price drop has some investors fleeing the metal in search of more secure assets.
View ArticleAfter Solid Comeback, What's Next for Netflix?
In fewer than two years, Netflix recovered from a major sell off trigger by a pricing misstep to become the best-performing stock in the S&P 500 for 2013. But it's not all smooth sailing from here.
View ArticleWhy Parents Don't Talk Money, And Why it Hurts Their Kids
While it’s clear financial literacy needs to be improved, there’s debate on who should be making the lessons: teachers, parents, or a combination of both.
View ArticleSenate Passes Online Sales Tax Bill
The Senate passed the Marketplace Fairness Act Monday, giving states power to collect online sales tax from retailers outside their borders.
View ArticlePushed at an Open House
The housing market is shifting to favor sellers over buyers. These are the lessons of a first-time homebuyer.
View ArticleWhat if the Mortgage Deduction is Eliminated?
The mortgage interest rate deduction is on the chopping block on Capitol Hill as lawmakers look to reform the tax code and close the budget deficit. But would getting rid of the deduction entirely...
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