December 14, 2012 The Consumer Price Index is one of the most familiar measures in economics and politics. Some in Washington want to change the way the index is calculated to better reflect consumers' shopping habits. While the proposed change is described as a technical fix, it could cut the federal deficit by hundreds of billions of dollars over the next decade.
December 13, 2012 The accusations against HSBC were harsh — that the bank laundered money for Mexican drug cartels and conducted transactions on behalf of Iran and other states tied to terrorism. So, why did federal authorities fine HSBC rather than pursue criminal charges?
December 13, 2012 If the tax rate rises for the top 2 percent of wage earners, business owners would generally react by hiring fewer new workers, according to a fundamental Republican argument. But the actual outcome might be a bit murkier, and — in some instances — counterintuitive.
December 13, 2012 The pace of applications for unemployment insurance had accelerated after Superstorm Sandy, which threw many out of work. Now, the trend is back to a rate that signals a slowly improving labor market.
December 13, 2012 Of the 535 members of Congress, not many are in the loop about negotiations to avoid automatic spending cuts and tax increases in the new year. Lawmakers are waiting to see what President Obama and House Speaker John Boehner come up with — and some are nervous about having to quickly vote on a bill despite misgivings.
December 13, 2012 Etsy began as a place for home crafters and small businesses to sell their goods, but it has experienced growing pains as it surpasses 800,000 sellers. Some sellers are actually fronts for factories, while other sellers have left because the site isn't designed to handle volume.