The typical American worker's paycheck will drop this week because his or her Social Security tax will rise, from 4.2 percent to 6.2 percent. That's nonsensical. We need to put more money into the pockets of average workers, not less.
Today's employment report shows steady employment growth, fast enough to keep the jobless rate from rising, but not fast enough to knock it down much. The main, first-take point here is that this is a glass-half-full, glass-half-empty jobs report, and more broadly speaking, job market. In the near term, market and political volatility over the recent fiscal craziness is not particularly evident in the job market, which has been moving along at about a trend growth rate. Uninspiring -- and not fast enough to provide the opportunities we need, but steady and pretty resilient to everything from Congressional wound-infliction to hurricanes. Still, we're growing at a steady pace and the last thing we'd want to do is screw around with the debt ceiling... right?
Are you shopped out yet? You might want to catch a second wind -- the great sales don't stop just because the holidays do. From a new set of towels to a new set of abs, January's got you covered with some unexpected deals to steal.
Despite opinions on whether the bill is good or bad, the American Tax Relief Act of 2012 truly is a very good thing for most taxpayers. Here's why, if we look at the bill from a taxpayer's perspective.
With all the media chatter about "Kim-YE" I thought it appropriate to discuss our own personal relationships. Yes... we all know that Kim and Kanye West are both multimillionaires, but do you know the financial picture of the person you are dating?
2012 was a relatively quiet year for the credit card industry. However, there were a number of developments that may have a far-reaching impact in the years to come. Here are the top ten credit card stories of 2012.
We like to put people into buckets so we can think about more of them at the same time, and one of the biggest buckets we use is "consumer." Ironically enough, people are "better consumers" when they're treated like anything but.
In many of his Rich Dad Poor Dad books, Robert Kiyosaki mocks self-employment as a choice that makes sole proprietors even poorer than employees. He's right, but not for the reason he thinks.
Among caregivers, some of the biggest complaints are loneliness and isolation. You may be taking care of your parents or spouse, but who is taking care of you?
The negotiations over the fiscal cliff involve more than the Democrats, Republicans, the middle class and the wealthy. The corporate sector is here in force as well.
It's extremely difficult to change the behaviors that got you into debt. Here are three of the psychological reasons why getting out of debt is so difficult -- and what you can do to combat your wiring.
While CNBC's fear of engaging in balanced financial reporting is understandable, because of its reliance on the securities industry for advertising revenues, its lack of ethics is indefensible.
If you're among the 17 million investors using accounts at the popular online brokers Schwab, TD Ameritrade, and E-trade, you are collectively throwing away over $1.8 billion a year in unnecessary fees, according to a recent NerdWallet study.
For those who've put off home improvement projects like a kitchen remodel because of the recession, key economic indicators are saying the time is right to start them.
I used to wonder why Dad would wear the same Lacoste shirt for a decade or two when he was in a position to buy four new ones, but now I know. He buys high quality and does not look at purchases as disposable like Lena and I do.
Many of you are unable to move forward financially, not because you don't make enough money, not because you don't have the resources, and not because your situation is un-repairable. The truth is, you have yet to forgive yourself for your financial mistakes.