Category: Economy

Fiscal Cliff Tax Deal: What Does It Mean for Small Business?

Fiscal Cliff Tax Deal: What Does It Mean for Small Business?

  Money and Tax Return (Photo credit: 401(K) 2012) For small and medium sized business owners there is good news and bad news in the deal to avoid the fiscal cliff.  In addition, the...

Fiscal Cliff: With Crisis Averted For Now, Investors Can Briefly Rejoice

Fiscal Cliff: With Crisis Averted For Now, Investors Can Briefly Rejoice

  The House of Representatives late yesterday evening approved the fiscal cliff deal already passed in the Senate, meaning President Obama will soon sign the legislation into law. “Everybody worked very hard on this,”...

Senate bill stops many tax hikes, but leaves big issues pending

Senate bill stops many tax hikes, but leaves big issues pending

The fiscal cliff compromise passed by the Senate in the early morning hours Tuesday would mute much but not all of the negative economic impact of going over the cliff. Most prominently, it would...

Stocks brace for fiscal cliff reckoning

Stocks brace for fiscal cliff reckoning

Can the stock market shake off yet another punt by Congress? It just might. For weeks, many have worried that no resolution to the fiscal cliff would lead to the kind of brutal sell-off...

Surefire Ways To Get ‘Unliked’ And ‘Unfollowed’ In 2013

Surefire Ways To Get ‘Unliked’ And ‘Unfollowed’ In 2013

Baltimore based social media marketing firm SocialToaster released their Social Media Survey 2012 this weekend. And if you’re trying to build your base of followers, here’s what some 3,000 social media professionals in the business world said...

Eight Ways To Protect Your Finances From A Fiscal Cliff Fall

Eight Ways To Protect Your Finances From A Fiscal Cliff Fall

  Cliff jumping in Busan, South Korea. (Wikipedia) Even if President Barack Obama and Congressional leaders somehow manage to patch together a last minute deal to avoid going over the “fiscal cliff” on New...

Fewer US Banks Failing as Industry Strengthens

Fewer US Banks Failing as Industry Strengthens

U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They’re helping support an economy slowed by high...

How the Fiscal Cliff Will Force Big Biz to Turn Against Small Biz

How the Fiscal Cliff Will Force Big Biz to Turn Against Small Biz

By now, of course, you’ve heard all about the “fiscal cliff.” But in addition to the across-the-board tax hikes that many pundits are talking about, there are implications for small and mid-sized businesses that...

Washington Killed Christmas for Retailers (Or So I Like to Say)

Washington Killed Christmas for Retailers (Or So I Like to Say)

From all accounts this was supposed to be a very merry Christmas for retailers, with projections of year over year sales growth ranging between 3 to 4%. Instead, electronics, clothing, jewelry and home goods...

Fiscal Cliff Update: Obama Smartly Shortens Vacation To Resume Talks

Fiscal Cliff Update: Obama Smartly Shortens Vacation To Resume Talks

President Obama will soon renew work on a fiscal cliff resolution, cutting short the first family’s trip to Hawaii, commander in chief’s birthplace. The president may leave as early as this morning. Congress, meanwhile, is...