The penalty for not buying health insurance by March 31, 2014 was $95 per adult or 1 percent of your income. The tax penalty for 2014 increases to $325 or 2 percent, whichever is higher. On Thursday, officials announced an addendum: 2 percent of your income up to $2,448 per person and $12,240 for a family of five.
'Weird Al' Yankovic, master of pop music song parodies, celebrated his first Billboard number one album this week with 'Mandatory Fun.' The success of what could be Weird Al's last studio album comes on the strength of a savvy social media campaign and the comedian's shrewd adaptation to a changing music industry.
Calculating how much capital needed for retirement can be tricky. Financial adviser Guy Baker explains the Rule of 72 and how to apply it for retirement saving.
New home sales in the US fell 8.1 percent in June, signaling that real estate is still a weak spot in the US economy. June US new home sales are also 11.5 percent below June 2013 levels.
Rules for quiet hybrid and electric cars to have alert noises aren't ready yet. Thus, automakers are urging the National Highway Traffic Safety Administration to delay the rules for quiet electric cars.
Carlos Slim, Mexican telecoms tycoon and the world's richest man, says people should work three days a week, but not retire until they are in their seventies. Others, including Google co-founder Larry Page, share Carlos Slim's vision of shorter work weeks, but is it a serious option for companies and workers?
The US's tax system is turning into a two-tier tax system, with wealth as the determining factor, writes Howard Gleckman. Many affluent and influential people and organizations have almost unlimited power when it comes to their taxes.
Self-made wealthy people are disappearing – six of today's 10 wealthiest Americans are heirs to prominent fortunes after being 'born into the right family,' writes Robert Reich. What does this mean for the rest of the US?
Gender inequality in agriculture has been analyzed by experts to find ways to help women farmers. Researchers have developed five ways that can help address gender inequalities in agriculture.