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It's All Politics
Looming Spending Cuts Would Hit Hard All Over
December 5, 2012 If Congress fails to reach an agreement on tax increases and spending cuts this year, it will mean sharp reductions in a broad swath of federal spending, from defense and Medicare to education and unemployment benefits. Economists say the cuts would be a serious setback for the economy as a whole.
More Large Retailers Ease Customers' Path To Credit
December 5, 2012 Faced with customers who can't use banks, or want to avoid them altogether, big-box stores like Costco and Wal-Mart are offering access to everything from insurance policies to home mortgages.
Politics
Social Security's COLA At Stake In 'Fiscal Cliff' Talks?
December 4, 2012 The Republican plan to avert the "fiscal cliff" includes a proposal that would change the way inflation is calculated. The change could result in savings of billions, but its getting pushback from Democrats and groups like AARP.
What's Next For The Daily Deal Business Model?
December 4, 2012 Are the days of "daily deal" coupons about to expire? Shares of email coupon company Groupon are down nearly 80 percent since going public last year. And its smaller rival, Living Social, plans to lay off as many as 400 employees, after reporting a net loss of more than $560 million in the third quarter.
It's All Politics
Raising Taxes On The Rich: Canny Or Counterproductive?
November 30, 2012 Increasing tax rates for the well-off has become a sticking point in negotiations over avoiding the combination of tax hikes and spending cuts scheduled to take effect Jan. 1. Business experts disagree about how much of an effect it would have on economic growth.
Business
A Bet Or A Prediction? Intrade's Purpose Is Debated
November 29, 2012 The "prediction market" site Intrade's decision to close in the U.S. highlights how the company exists in a regulatory gray area, somewhere between trading and betting. Intrade says it hopes to operate legally in the U.S. eventually. In the meantime, American users must close their accounts by year's end.
It's All Politics
Why Dividends, Capital Gains Are Big Part Of Fiscal Cliff Talks
November 29, 2012 The tax code has long favored investment income over the money you get in your paycheck. But today's rates on dividends and capital gains are especially low, dating to tax cuts installed under President George W. Bush. And they're one target in the talks to avert a so-called fiscal cliff.
Companies That Were 'Naughty And Nice' In 2012
November 27, 2012 For holiday shoppers, retailers' approach to fees, returns and other practices can bring praise or anger. And when customers rant or rave, Consumer Reports takes note — and compiles them into its annual "Naughty and Nice" list of companies.
Business
A Jolly Christmas? Retailers Count The Extra Days
November 26, 2012 Thanksgiving weekend spending shot up nearly 13 percent from last year, and there's more time between Thanksgiving and Christmas this year for people to shop. And if a deal to avoid the fiscal cliff comes just before Christmas, as some expect, it could brighten the economic mood of last-minute shoppers.
U.S.
'Giving Tuesday': The Start Of A Holiday Tradition?
November 26, 2012 A coalition of more than 1,400 charities is launching Giving Tuesday to jump-start end-of-year giving. They're taking off on Black Friday and Cyber Monday to motivate donors at a time when the outlook for giving remains lackluster.
Business
Shopping? Small Retailers Want Your Business, Too
November 24, 2012 The idea behind Small Business Saturday is to direct consumers to mom-and-pop stores that probably didn't get swamped by the Black Friday bonanza. These small businesses might not have the best deal on a TV, but experts say they are an important factor in overall economic recovery.
