The Dow’s Upside: Why the Pessimists May Be Wrong
The Dow has been rising, but the pessimists point to troubling fundamentals. However, many of these economic trends could also be seen as beneficial for the stock market.
Sequester Strikes Military Families as Pentagon Makes Budget Cuts
As Congress grapples with $85 billion in sequester cuts, the Pentagon is slashing its budget, and service members and their families are making cuts of their own.
Retiree Entitlements ‘Undermine’ Everything Else: Robert Samuelson
Washington Post columnist Robert Samuelson took a scorched-earth approach on Monday to what he sees as out-of-control entitlement spending.
Limiting 401(k) Subsidies: Smart Deficit Reduction or Dumb Double Taxation?
A 28% cap on retirement deductions was just one of 15 deficit-cutting proposals of the Brookings Institution’s Hamilton Project.
Sequestration Cuts Imminent; Government Shutdown Looms
As the nation braced for the $85 billion in sequestration cuts to kick in on March 1, Joe Lieber of Washington Analysis laid out the “numerous tools available” to blunt sequestration’s impact.
House Takes Up Senate’s Fiscal Cliff Bill
Legislation to negate a fiscal cliff of across-the-board tax increases and sweeping spending cuts to the Pentagon and other government agencies is headed to the GOP-dominated House after bipartisan, middle-of-the-night approval in the Senate.
Fiscal Cliff – Bring It On: News Analysis
The issue is how Americans spend money, but rational analysis has been absent from our political discourse. Only pain will prompt appropriate aversion to consuming more than our resources allow.
Reid, Boehner Reach Short-Term Spending Deal
The top Republican and Democrat on Capitol Hill have announced an agreement to keep the government running on autopilot for six months when the current budget year ends on Sept. 30.
How Investors Should Play a War With Iran
Just as Pentagon planners are sorting out military contingencies in the event of a conflict with Iran, so too are investment planners assessing the investment risks and opportunities of war in the Persian Gulf.
The Oil Problem
The year 2012 became the second in a row to start with a run-up in oil prices.