Seven Ways Americans Pay Taxes
Thinkstock As Americans across the country rang in the new year, many were unaware that, at midnight, more than 50 different tax breaks expired. According to the Tax Foundation, among them were credits for everything…
Thinkstock As Americans across the country rang in the new year, many were unaware that, at midnight, more than 50 different tax breaks expired. According to the Tax Foundation, among them were credits for everything…
ThinkstockA federal judge granted Detroit’s Chapter 9 bankruptcy filing earlier this month, making it the largest municipal bankruptcy in U.S. history. Bankruptcy is frequently the product of a history of problems. The unrelenting decline…
Last week, after years of partisan fighting, Congress approved a two-year budget deal. Not included in the measure were any plans to extend the federal Emergency Unemployment Compensation (EUC) program, which provides additional unemployment…
The editors at 24/7 Wall St. reviewed products and redesigns that were launched with high expectations this year but that have flopped catastrophically. These are the worst product flops of 2013.
ThinkstockAAA estimates that during this Christmas and New Year’s season, nearly 95 million Americans will hit the road, traveling long distances to visit friends and family. Unfortunately, during the end-of-year holiday travel period, nearly…
ThinkstockSome of the country’s once iconic brands — in retail, consumer products and beer — are now shells of their former selves. Some of America’s restaurants, too, are not what they used to be.…
ThinkstockU.S. payrolls rose by more than 200,000 in November as employers continued to hire at a steady pace. Meanwhile, the unemployment rate dropped to 7.0%, the lowest it has been since late 2008. While…
ThinkstockCEO compensation, relative to the amount the average american is paid, has skyrocketed in the past few decades. In 1965, the average CEO pay was 18.3 times the average worker pay. By 2012, CEOs…
ThinkstockBeer is not selling the way it used to. U.S. sales of the beverage declined in four of the past five years. Between 2007 and 2012, beer sales fell by 2.3%, or more than…
ThinkstockDespite signs of economic recovery, the number of U.S. residents living in poverty remains stubbornly high. An average of 15.7% of the U.S. population lived below the poverty line during the three-year period of…
Thinkstock During the global financial crisis, suffering increased globally. According to a survey recently published by Gallup, 14% of the world’s population was suffering in 2012, compared to 11% on average before the recession…
ThinkstockThe White House recently announced President Barack Obama’s support for a Senate bill that would increase the federal minimum wage to $10.10 an hour. While it remains to be seen whether the bill will…
Life expectancy in the United States has risen in the past few decades. Based on data recently published in the OECD’s report Health at a Glance 2013, these are the 10 nations with the…
Each year, 24/7 Wall St. identifies 10 well-known brands sold in America that we predict will disappear before the end of 2014. This year’s list reflects the brutally competitive nature of certain industries and…
In September, major U.S. pork producer Smithfield Foods was purchased by Chinese holding company Shanghui International Holdings, Ltd for $4.7 billion. The deal represents the largest purchase of a U.S. company by a Chinese…