archive
Crisis In The Housing Market
New Mortgage Rules Would Limit Risky Lending
January 10, 2013 The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.
Havens Are Turning Hellish For Tax Avoiders
January 8, 2013 The U.S. and other countries are cracking down on banks that are known to help clients hide their assets, and the international push is beginning to have a major effect.
U.S.
The Phantom Tax That Made The Deficit Look Better
January 3, 2013 Congress finally made a permanent fix to the alternative minimum tax, which threatened to boost the tax bills of millions of Americans each year. But the AMT also created a "useful fiction," as one analyst says, by appearing to shrink future budget deficits.
The Two-Way
Inside The Fiscal Cliff Budget Compromise Bill: Tax Cuts and Tax Hikes
January 1, 2013 The Senate-approved budget compromise that is meant to allow the U.S. government to avoid higher tax rates and austere budget cuts has tax rates as its central issue. We list some of the bill's effects, from tax credits to rising rates.
The Salt
Drought, Economics And Your Holiday Feast
December 21, 2012 The Great Drought of 2012 dominated headlines this summer, but so far, it has not had a major impact on the prices of food on your holiday table, except the dairy products. That prime rib is more expensive for other reasons.
Business
From Shoes To M&M's, Custom-Made Products Take Off Online
December 20, 2012 The ability to customize products began with computers more than a decade ago. Now, you can create your own T-shirts, jeans, custom-blend cosmetics and candy. Even luxury brands like Burberry, Prada and Louis Vuitton now let customers design their own looks.
It's All Politics
Democrats Dig In Their Heels On Entitlement Cuts
December 15, 2012 Republicans are insisting on more austere entitlement programs as leaders negotiate a deal to keep the nation from going over the "fiscal cliff" in the new year. But many Democrats are wary of including any far-reaching and long-lasting entitlement reforms in a hastily thrown-together deal.
