Personal Economics
  • Middle Class Gets ‘Cliffed’ by Huge Tax If No Deal

    By Josh Boak, The Fiscal Times

    There’s a common misperception about the fiscal cliff—that the tax increases only apply to 2013. Not true. In a cruel epilogue to 2012, roughly 28 million families would owe the IRS $84 billion more...

  • 5 Health Care Reform Changes Coming in 2013

    By Jay Macdonald, Bankrate

    Health care reform in the coming year will go on a kind of shakedown cruise to test the seaworthiness of America's evolving health care system as it becomes more cost-conscious and quality-focused...

  • The Biggest Science Breakthroughs of the Year

    By Business Insider Staff, Business Insider

    The editors of the journal Science have chosen the possible discovery of the elusive Higgs boson as the biggest breakthrough of 2012, and nine other groundbreaking achievements from 2012 were given...

  • Apple CEO's pay takes big hit vs. record 2011 package

    Apple CEO's pay takes big hit vs. record 2011 package

    By Reuters

    NEW YORK (Reuters) - Apple Inc CEO Tim Cook's 2012 compensation package of $4.17 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package...

  • New home sales climb to highest rate since April 2010

    New home sales climb to highest rate since April 2010

    By Reuters

    WASHINGTON (Reuters) - New single-family home sales accelerated in November to the fastest pace in 2 1/2 years and median sales price jumped from the same month in 2011, signs that the U.S. housing...