Social Security Disability Fund Teeters on Brink of Broke
Social Security's chief actuary warned senators that the disability trust fund needs help "soon" or reserves will run out in 2016.
10 Worst Districts for Women’s Pay Revealed; Senators Push Paycheck Fairness Act
Senate democrats gathered on Capitol Hill Wednesday to push for passage of the Paycheck Fairness Act, legislation that would help close the pay gap between women and men working equivalent jobs.
Fiscal Cliff Deal Extends Tax Break for ‘Underwater’ Homeowners
The fiscal cliff deal extends the Mortgage Forgiveness Tax Relief Act for one more year, stopping the IRS from taxing mortgage forgiveness as income in the case of a short sale, refinancing or foreclosure.
PFGBest Collapse Leads to CFTC, FBI Inquiries
The CFTC and FBI have taken action against a Cedar Falls, Iowa-based broker after the discovery that $220 million was missing out of $225 million in customer funds. PFGBest founder Russell Wasendorf attempts suicide outside the firm’s offices.
Senate Sets Monday Vote on Banning Insider Trading by Congress
Senate Democrats lobby in support of STOCK Act, say lawmakers 'should not be above the law.'
Sens. Landrieu, Baucus Introduce Bill to Repeal Form 1099 Small Business Requirement
The Small Business Administration: the cost of tax compliance for small firms is 67% higher than for their larger counterparts.