Category: Economy

How Congress Could Cut The Charitable Deduction Without Hurting Philanthropy

How Congress Could Cut The Charitable Deduction Without Hurting Philanthropy

Howard Gleckman, Contributor       Photo credit: Wikipedia If income tax deductions are capped or limited—ideas that often come up in the debate over both the fiscal cliff and long-run tax reform—the biggest losers...

Greece In Default Once Again On Troika-Imposed Bond Buyback, S&P Says

Greece In Default Once Again On Troika-Imposed Bond Buyback, S&P Says

      Greece is in default once again – Image credit: AFP via @daylife And so it happened.  Greece is once again in selective default, at least according to Standard & Poor’s.  The...

Dollar Menu Double Down: McDonald’s Pumps Up $1 Selections

Dollar Menu Double Down: McDonald’s Pumps Up $1 Selections

It was only in March that McDonald’s revamped its Dollar Menu, removing fries and drinks for a buck with the hopes of getting diners to drop more money on each visit. Now, amid struggling...

Libor Scandal Extended To UBS: Bank Reportedly Near $450M Settlement With Regulators         (Photo credit: Wikipedia) Swiss bank UBS is reportedly near a settlement with American and British regulators over interest-rate...

Chinese Stocks Tank As Economy Recovers. What Gives?

Chinese Stocks Tank As Economy Recovers. What Gives?

      This photo taken on October 17, 2012 shows Chinese characters on a pillar warning people to be cautious when playing the stock market at a securities brokerage in Shanghai. (Image credit:...

Planning for Success in a Tough Economy

Planning for Success in a Tough Economy

With the economy mired in the slowest recovery of the post-World War II era, conserving your resources while planning for growth remains an essential part of the small business playbook. Cost-cutting is always one...

Congress Looks at Doing Away With the $1 Bill

Congress Looks at Doing Away With the $1 Bill

American consumers have shown about as much appetite for the $1 coin as kids do their spinach. They may not know what’s best for them either. Congressional auditors say doing away with dollar bills...

Is the Student Loan Debt Crisis Worse Than We Thought?

Is the Student Loan Debt Crisis Worse Than We Thought?

A new report from the Federal Reserve Bank of New York delivers generally positive news about the economy with one glaring exception: student loan debt. The amount of debt and delinquencies are climbing, and...

Lion of American labor: A final conversation with Marvin Miller

Lion of American labor: A final conversation with Marvin Miller

November 27, 2012: 1:59 PM ET   Marvin Miller, baseball legend and renowned labor organizer, died Tuesday. In his last in-depth interview, Miller spoke to Fortune last month about everything from steroids to Bud...

5 silver linings in Egypt’s turmoil

5 silver linings in Egypt’s turmoil

November 27, 2012: 9:20 AM ET   Egypt’s political and economic future is challenging, and for understandable reasons. But it is too early to give up on the country. By Mohamed A. El-Erian Egypt...