The Federal Estate Tax Survives a Near-Death Experience

A compromise on the highly contentious levy is part of the sweeping agreement between President Obama and the GOP. The tax is back for two years at a more reasonable 35% rate, with an exemption of up to $5 million for individua…

Consumer Sentiment Unexpectedly Falls to Lowest Level in a Year

While the manufacturing sector continued to expand and the U.S. budget deficit was less than expected in August, consumer sentiment unexpectedly hit a roadblock, falling 2.3 points in September to 66.6 — the index’s lowest level since August 2009.

A …