fiscal cliff

White House South Lawn, Blue Sky, Washington, DC, USA

UBS Sees Growth Outshining the American Taxpayer Relief Act

With a down to the wire timing that has become a tradition in Washington D.C., the House and the Senate approved what is being called the The American Taxpayer Relief ...
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Alternative Energy sources

Green Energy Avoids Tumble Off Fiscal Cliff

Any tax legislation worth the name carries with it a host of hangers on that represent special gifts to special interests, and the American Taxpayer Relief Act of 2012 ...
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Wednesday Faced with Fiscal Cliff and Closed European Markets

The U.S. markets are open today, December 26, 2012. This likely will be another very low volume day as European markets are closed. The lack of resolution to the coming fiscal ...
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Fitch Says U.S. Debt Downgrade Possible

In its latest review of sovereign debt, Fitch Ratings warns that continuing weakness in the developed economies and the threat that the U.S. will tumble over the fiscal cliff are ...
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Money, US, $100 bills

Business Roundtable Outlook: CEO Uncertainty Remains Into 2013

The Business Roundtable has released its last CEO Outlook of 2012, which is really a year-end guide for entering into 2013. The long and short of the matter is that ...
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The Dividend Boom Will Add to Q4 Household Income

The top 1% in the United States are about to get much richer because of the number of corporations that have accelerated dividend payments into 2012 so that their investors ...
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West side view of the United States Capitol building.

Boehner, Pelosi: He Said, She Said

House Speaker John Boehner held a press conference earlier this morning in which he declared that no progress has been made in budget talks between House Republicans and the Obama ...
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Goodbye to the Fiscal Cliff

One way or another, the fiscal cliff, but not its impact, will be gone in just three weeks. The press will miss it when the cliff cannot be kicked around ...
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White House South Lawn, Blue Sky, Washington, DC, USA

Obama’s Fiscal Cliff Interview… The Fiscal Cliff Is Coming

America needs to get ready for the politicians to go over the fiscal cliff. That is how things sound as of now at least. It is becoming more and more ...
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West side view of the United States Capitol building.

Boehner Makes New Fiscal Cliff Offer of Sorts

Speaker of the House John Boehner has sent a letter to President Obama suggesting a more balanced $4.6 trillion approach to avert the coming fiscal cliff. The letter goes mostly ...
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November ISM Bordering Recession Ahead of the Fiscal Cliff

Today's data from the Institute for Supply Management is showing that the November Manufacturing Report on Business was an utter disappointment. The ISM figure came in at 49.5%, which is ...
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Gold bars

Fiscal Cliffhanger for Gold and Silver

There are two schools of thought regarding the reaction of precious metals to the eventual resolution (or non-resolution) of the current negotiations on the U.S. fiscal cliff. If the two ...
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White House Report Warns of Coming Tax Hikes

In yet another effort by the Obama administration to put pressure on Republican Party opponents to negotiate a solution to the coming fiscal cliff, the White House today released ...
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The Global Can-Kicking Contest

The latest word out of Europe is that finance ministers and the International Monetary Fund cannot agree about a bailout of Greece. The troubles are as much political as financial, ...
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Bernanke Warns of Dire Fiscal Cliff Fallout & Unsustainable Deficits

Federal Reserve chairman Ben Bernanke is speaking at the New York Economic Club today in New York City. While Bernanke is promising to keep rates and policy easy for quite ...
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