All Economy
The looming alternative minimum tax debacleTens of millions of Americans will face a huge tax increase when they file their 2012 tax returns early next year from the expiration of the temporary increase in exemption levels under the alternative minimum tax, Toder writes.
Powerball jackpot winner revealed in Arizona. How to handle winning millions.Powerball jackpot winner claiming the second half of last month's record $587.5 million prize has emerged in Phoenix, joining a Michigan couple in claiming the prize. A 2005 Powerball jackpot winner from Idaho weighs in with long-term advice for the new winners.
Fiscal cliff overshadows inequality in the heartlandAs Washington fiddles over the fiscal cliff, a larger battle over inequality is being waged all over America, Reich writes.
Virgin Atlantic Airways stake bought by Delta for $360MVirgin Atlantic Airways stake once owned by Singapore Airlines has been bought by Delta Airlines in a deal worth $360 million. The purchase gives Delta a 49 percent stake in Virgin Atlantic Airways.
HSBC to pay record $1.9 billion to settle money laundering caseHSBC avoided a damaging legal battle Tuesday by agreeing to pay $1.9 billion to settle a US money laundering probe. The HSBC settlement will be the biggest penalty ever imposed on a bank.
EPA to review 2013 Ford Fusion, C-Max fuel economy claimsThe EPA will review complaints about the 2013 Ford Fusion Hybrid and 2013 Ford C-Max hybrid, Read writes, both of which are advertised as earning a combined fuel economy of 47 mpg.
- Tax deductions in peril? Americans prefer mortgage break to item on charity.
Tax revenues are seen as one source to help cut the deficit. In a new Monitor/TIPP poll, Americans were asked which tax deduction they would be most ready to part with. The charitable deduction led the list.
Gender pay gap: Top 5 best and worst states The pay gap between men and women has steadily narrowed during the past few decades. Women earned 77 cents for every dollar men earned in 2011, compared with 59 cents in 1963. Here is a look at states with biggest and smallest gender pay gaps today.
Are moves to add jobs to US factory floors a harbinger, or outliers?Apple, Lenovo, LG Chem, and now Daimler AG have all recently said they plan to add manufacturing jobs in the US. President Obama hopes it's a sign of the times, but economists say it's, at best, a nascent trend.
4 tips for small business owners in a weak economySmall business owners are uncertain about the future of the economy, Cornwall writes, but there's opportunity even in a bad economy.
Stocks edge higher; Dow boosted by McDonald'sStocks rose Monday despite concerns about the surprise resignation of Italy's prime minister. A strong sales report from McDonald's pushed stocks higher on Wall Street.
No cheap flights? Look for train, bus tickets.A little bit of creativity with travel can save you a lot of money if you plan ahead and think outside the box when it comes to travel options, Hamm writes.
Wanxiang buys bankrupt battery maker A123Chinese auto parts maker Wanxiang Group Corp. on Sunday bought A123 Systems, the bankrupt battery maker which supplies Fisker Automotive and others.
The great (and cheap) outdoorsCamping is an incredibly inexpensive alternative to staying in hotels, once you have some basic equipment, Hamm writes.
McDonald's surprises with US sales gain; shares soarMcDonald's posted a surprise gain in a key November sales figure, sending McDonald's shares soaring 2.2 percent in premarket trading. The strong report was a pleasant surprise for McDonald's after a sales drop in October.
China's economic recovery picks up pace, but for how long?While the global recession took a toll, China's economy is now in a sweet spot that may hold through the first half of 2013, say some analysts. But worrisome longer-term trends are surfacing.
Gas prices crash? Prices drop 10 cents in three weeksGas prices crash? The average price of gasoline in the US has dropped 10 cents in the past three weeks, and it may be going lower.
Cheapest way to ship your package? Here's how to save.Post office beats UPS, FedEx on price in a head-to-head comparison, more than $50 on an overnight five-pound package. But don't go to the post office. There's a better way.
Ford hybrids fail to meet gas mileage ratings, Consumer Reports saysFord's 2013 hybrids aren't living up to their EPA fuel efficiency ratings. According to Consumer Reports, The 2013 Ford Fusion Hybrid and Ford C-Max 'have the largest discrepancy between our overall-mpg results and the estimates published by the EPA that we've seen among any current models.'
Cheap gas guzzler vs. fuel-efficient car: Which is cheaper long-term?Is it better to buy a cheap gas guzzler, or a more expensive car that sips gas? It depends on several factors.
