A woman plays with an alpaca in a meadow at the Alpaca Land farm in Goeming, near Salzburg, Austria, on Friday. Eighty-seven alpacas live on the Austrian farm, forming the biggest flock in the nation.
As the controversy over Rush Limbaugh's insult enters its second week, comedian Bill Maher says it's time for liberals to accept his apology and move on. Of course that's really Sandra Fluke's call.
Don't be fooled into believing that any tax structure is truly simple until you’re intimately familiar with the details. Complicating factors can and do and will enter any tax code that is written by people, whether it’s 9-9-9, a 17% flat rate, or any number of graduated rates.
In a Rose Garden briefing, President Obama named Princeton University economist Alan Krueger as the next head of the White House Council of Economic Advisors.
Stock market gains early Friday morning were wiped out by noon, before another rally ensued. A better-than-expected jobs report gave some analysts hope that another recession could be averted.
The debt deal punts on tax reform. That's unfortunate. But when lawmakers finally get to it, this idea can garner bipartisan support and save the government serious money: Have the IRS fill out tax returns for millions of taxpayers. It's a proven concept in Scandinavia -- and California.
The GDP grew at an annual rate of only 1.3 percent in the second quarter of 2011, announces the Commerce Department, which also revised first-quarter growth down to 0.4 percent.
White House economist and longtime Obama adviser Austan Goolsbee says he's returning to academia. Considering Americans' views of the slow recovery, perhaps that helps the president.
President Obama is enjoying his best favorability ratings in months. But polls show Americans are worried and mad about the economy – a fact that's a major challenge to Obama's reelection bid.