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What the Fiscal Cliff Really Is

The term: “Fiscal cliff” sounds dire, but it describes a combination of old tax breaks expiring, new tax increases and federal cutbacks that all take effect by January, 2013. President Obama or Governor Romney can’t steer us away from the...

Must read, watch, think & talk about

Legal trouble. Since it acquired Merrill Lynch in 2008, Bank of America has been entangled in a series of pricey legal battles. A high note, literally, was last week's $2.43 billion payout to settle a class-action lawsuit in which plaintiffs...

Hot Topics for Today

You’ve heard about the attacks on U.S. embassies in Egypt and Libya yesterday. The U.S. Ambassador to Libya, Christopher Stevens, and three staff members, were killed. That the violence happened on 9/11 casts a deeper shadow over these terrible...

Economy uptick! ... Bus monitor fights bullying... and more

Welcome to Wednesday, and everything you need to know, outside of the Republican and Democratic National Infomer—er, Conventions. Homes, sweet homes. It could be the first rosy glimmer of light at the end of this stupid downturn: housing prices...

What We’re Talking About Today

Hello, it’s MONDAY. What do you need most? Here's today's must-know events in the economy and elsewhere. Time to forgive people’s debts? Economists just released a provocative study arguing that forgiving and restructuring private debt could...

What We’re Talking About Today

Hello, it’s MONDAY. What do you need most? Here's today's must-know events in the economy and elsewhere. Time to forgive people’s debts? Economists just released a provocative study arguing that forgiving and restructuring private debt could...

Flat Taxes: For Better or Worse?

Perry and Romney are headed for a confrontation on tax policy. (STEVE MARCUS - REUTERS) By now you’ve figured out that a flat tax is pretty much what it sounds like. In the case of Republican candidate Herman Cain, who is proposing the 9-9-9...

Women, Power & Appearance

Do people like you more when you wear makeup? A study released this month, by researchers at Harvard and Boston University, supposedly says yes. And people will see you as more trustworthy and competent too. What a sham—and a shame. Yes, the...

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