Why is Wal-Mart worried? Payroll tax could cut consumer spending.-From the Christian Science Monitor – A payroll tax cut has expired and Americans making $50,000 a year will pay $80 [...]
Supercommittee failing in talks to lower U.S. debt as deadline looms
Lawmakers are in deadlock over talks to reduce spending on Medicare and Medicaid as Democrats and Republicans in congress refuse to compromise on either side.
Wealthy Opt To Rent Instead of Owning Homes
As the economy tries to recover from the recession, a sign of the times is the real estate market in New York City, home of some of the wealthiest Americans. Affluent home owners are now opting to sell their homes which have been losing value and are choosing instead to rent as the real estate market tries to recover rather than take losses.
Time For A Raise, In This Economy?
Millions of hard working Americans have had to deal without raises while the economy took a turn for the worst, but things may start to change.
CEO Of Microsoft Steve Ballmer Awarded Only Half Of Bonus, Employees Respond
Although Steve Balmer as head CEO of Microsoft raked in $26 billion pre-tax this year for the company, the companies highest sales ever, he is being awarded only half of [...]
