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News & Updates

November 13, 2012 "Fiscal cliff" standoff keeps Wall Street subdued

Source: CNBC

NEW YORK - Stocks were little changed in a lightly traded session on Monday, with investors limiting bets ahead of what could be a drawn-out battle over the "fiscal cliff."

November 13, 2012 It's a Bad Time To Be Rich

Source: US News and World Report

Everywhere you look, fair-weather tax haters are abandoning the wealthy. Republican House Speaker John Boehner, champion of "job creators," now says he's open to "new tax revenue" to help balance the federal budget. The...

November 13, 2012 Europe Gives Greece 2 More Years to Reach Deficit, Debt Targets

Source: Bloomberg

European governments gave Greece two extra years to wrestle down its budget deficit, pledging to plug the resulting financing gaps in order to keep the country in the euro and prevent a renewed flareup of the debt crisis.

November 12, 2012 Veterans Day 2012: Remember 'the freedoms that veterans fought for'

Source: Green Bay Press

Americans should not lose sight of the sacrifices veterans have made — and continue to make — for their liberties, those attending a local Veterans Day ceremony said. “We don’t want anyone to forget the freedoms that veterans...

November 12, 2012 5 fiscal cliff scenarios

Source: Politico

President Barack Obama and congressional Republican leaders are finally prepared to open negotiations this week on the fiscal cliff — an all-important legislative riddle with no easy answers. Democrats want to increase tax rates;...

November 12, 2012 Power restored to most left in dark by Superstorm Sandy

Source: LA Times

Although the Northeast is far from back to normal, officials in New York and New Jersey are nudging areas afflicted by Superstorm Sandy back to livability. The number of customers without electricity in the region had dropped...

November 12, 2012 Euro steady before Eurogroup, Greece checks gains

Source: Reuters

The euro held steady just above a recent two-month low on Monday after Greece's ruling coalition secured enough votes in parliament to approve a tough 2013 budget.

November 12, 2012 With ‘fiscal cliff’ looming, carbon tax getting closer look

Source: Washington Post

A relatively moderate-sized carbon tax could raise $1.25 trillion over the next decade, a huge chunk of the money needed to bring the federal budget deficit under control. And the idea is getting a closer look now that the...

November 12, 2012 Health care reform: Next steps

Source: Star Tribune

The Affordable Care Act has survived a U.S. Supreme Court challenge and a tight presidential election. What's next?

November 12, 2012 Fannie, Freddie report profitable quarter

Source: Washington Post

Mortgage finance giants Fannie Mae and Freddie Mac reported billions of dollars in profits during the third quarter as improvements in the country’s housing market helped boost home prices and cut down on delinquent loans.

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