What the New Tax Bill Deal Means for You

After a revolt by unhappy Democrats, the tax bill has finally passed. Obama’s compromise deal extends Bush-era tax reductions on income, capital gains and dividends through 2012. But there were also some changes. Here’s how the…

Obama Meeting With 20 Top CEOs

President Barack Obama is meeting with 20 top CEOs today as he seeks to improve relations with the business community.

The invitation list largely shuns Wall Street in favor of high-flying tech companies. Eric Schmidt of Google (GOOG) will be there, …

The Tax-Cut Vote: Economic vs. Political Victories

Obama’s tax-cut package gets bipartisan approval in the Senate. But the eventual economic victory may come at a great political cost.
Continue reading The Tax-Cut Vote: Economic vs. Political Victories

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Congress Again Postpones Medicare Pay Cuts for Doctors

For the fifth time this year, Congress has voted to postpone steep Medicare pay cuts for doctors. The latest vote gives doctors a year’s reprieve from the 25% pay cut, which some have said would keep them from accepting new Med…

The Risks of the Coming Tax-Cut Stock Rally

If the extension of the Bush tax cuts triggers a market rally, as many expect, investors will likely rush in. But caution is advised: High prices can also mean high risk. Here are some tips from Alan Lancz, director of research…