The president wants to eliminate the Advanced Earned Income Tax Credit, but he might be better off figuring out how to make it work, rather than writing it off entirely. A tax credit in the recently passed healthcare law may offer solutions.
In some cases, stadium debt outlasts the teams that play in them - and sometimes even the stadium itself.
The SEC has charged Goldman Sachs with fraud over its packaging of a subprime mortgage investment.
Gold is what investors buy when they suspect that financial policymakers are making mistakes. If we're on the road to recovery, why do they continue to buy gold?
Singapore is allowing its currency to float upward modestly, using a managed float-system that China is also likely to adopt eventually.
China's first reported trade deficit will ease international pressure to raise the value of the currency. Although some critics say China cooked the books, it's hard to lie with trade statistics.
With consumer prices down 3 percent, Ireland is seeing a tough but necessary restructuring through deflation.