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    In its latest executive action, the White House announced new steps Thursday to spur startup businesses and help them access $2 billion in resources.

  • The change partly reflects demographics but also government cost-cutting that has resulted in less generous pay and benefits, the New York Times reports.

  • Taxes, Investments, & You - A CNBC Special Report - Sponsored by Merrill Lynch

    Few, if any, politicians like to raise taxes, and those who do often pay dearly for it.  Raising taxes, however, is sometimes a necessity evil, because there is simly no other way to increase revenue or reduce a deficit. What do you think?

  • Harrisburg, PA

    Worries about municipal bond issue defaults have been overblown, obscuring the investment advantages of a once trusted debt instrument.

  • Tax refund

    Taxpayers looking for ways to trim their 2011 tax bill, or simply to avoid unpleasant surprises when they file their returns, have a few weeks to make potentially helpful, money-saving moves.

  • Taxes, Investments, & You - A CNBC Special Report - Sponsored by Merrill Lynch

    There's nothing like taxes to start an argument. Though virtually everyone thinks they are too high in general, there's little agreement on what's fair for one group versus another.

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    Personal income taxes are likely to rise as lawmakers grapple with the country’s deficit. That's why some investors are opting for Roth IRAs and betting on paying a lower tax rate now. Not so fast, experts say.

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    You don’t have to be Warren Buffett to leave money to your family in trusts. There are tools to assist those with even modest wealth to reduce tax exposure, and protect and transfer assets.

  • Taxes, Investments, & You - A CNBC Special Report - Sponsored by Merrill Lynch

    If you're weary of focusing on holiday gifts and company parties, you may want to give some attention to another end-of-year ritual: tax-planning.

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    After struggling all year for an economic message that resonates broadly with Americans in hard times, President Obama and Congressional Democrats have settled on one they believe can carry through next year’s election as they use a fight over payroll taxes to portray Republicans as defenders of the wealthy at the expense of the middle class.  The New York Times reports.

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    The deficit-reduction super committee failed to go big or even small. But it did succeed in conducting virtually all of its negotiations in private.

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    Instead of a super tax hike from the super committee, a much better option for the economy and budget-cutting credibility would be to implement plan B, which is the automatic spending-cut trigger known as sequestration.

  • US President Barack Obama leaves the G20 Summit on November 3, 2011 in Cannes, France.

    Congress has sent President Barack Obama a bipartisan spending bill that averts a federal shutdown, but widespread Republican defections underscore rifts between the party's conservatives and pragmatists.

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    The government's mortgage insurer is coming dangerously close to holding no excess cash reserves for loan losses.

  • Candidates on stage at the CNBC GOP candidates debate.

    The SNL sketch spoofed CNBC's Republican candidates debate last week. You know, the one that highlighted three candidates: Mitt Romney, Herman Cain, and...uh...oops.

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    Workers claiming state help with childcare and housing costs will be expected to seek longer hours, or risk sanctions that could include loss of benefits or a requirement to undergo training, in a radical shift in Britain’s welfare system, the Financial Times reports.

  • Student demonstrators carry banners as they march against cuts in tuition funding in London on November 9, 2011. Thousands of students headed to London on November 9 to march against cuts to higher education funding, as a huge police operation sought to head off any repeat of violent protests one year ago.  AFP PHOTO / BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)

    If we’re not to blame capitalism for the current wave of dissatisfaction, who are we to blame? Selfish prats. They can be found across the political spectrum and in all socio-economic groups. They make poor decisions and screw stuff up for everyone else.

  • GOP symbol and cash

    We found several exaggerations and misstatements in the latest Republican presidential candidates’ debate.

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    The Republican co-chair of the so-called super committee in charge of slashing the nation's deficit on Sunday called deliberations a "rollercoaster ride," and gave no indication that a deal could be struck before the panel's Thanksgiving deadline.

  • Green - Winner & Losers - A CNBC Special Report

    Federal, state, and even local government policies have had a huge impact on the research and development of alternative fuels, but  a clear rival to fossil fuels has yet to emerge in the marketplace. Take our poll on which energy source you think will succeed over the next decade.