Much has been made recently of the huge valuations of Internet players like Facebook, Twitter and Zynga, but while Web 2.0 is doing well, the Silicon Valley region itself is not. A new report shows compensation and unemployment…
President Obama’s proposed spending plan seeks to slash $1.1 trillion from the deficit over the next decade. Republican House Speaker John Boehner says that’s too little. In this case, both Obama and Boehner are wrong. The nati…
The majority of jobs in the U.S. are created by small business, which are still reluctant to hire new workers. And while some of their reasons for holding back may mirror those of big businesses, local conditions like state tax…
The Internal Revenue Service announced a new disclosure initiative to encourage people to bring money held offshore back into the U.S. tax system.
Individuals can bring their money back into the U.S. system, provided they pay a penalty, back-taxes an…
The latest consumer sentiment index reading continues to show an American public that expects better days ahead, and fourth quarter GDP growth indicates a strengthening economy. But countervailing pressures remain: Initial jobl…