Even as the U.S. economy seems to be picking up steam when it comes to jobs and housing, many economists are projecting moderate growth in 2013.
Congress this week is considering a $60 billion bill to pay for damages inflicted by Superstorm Sandy across three Northeastern states in late October. Though some Republican congressional members are balking at the sum, which the White House is requesting, New York, New Jersey and Connecticut say the damage is even greater, closer to $82 billion.
President Obama and House Speaker John Boehner are one step closer to reaching an agreement on the so-called fiscal cliff — the $600 billion in government spending cuts and tax increases that will affect all Americans in January. Over the weekend Boehner reportedly lowered his resistance to raising new revenue by agreeing to increase taxes on incomes over $1 million.
The highly anticipated "The Hobbit: An Unexpected Journey" opened around the globe this weekend to record breaking ticket sales and lukewarm reviews.
Last summer, Apple (AAPL) was the hottest stock on earth.
Pretty much every analyst on Wall Street loved it.
The end of the year is two weeks away and the so-called "fiscal cliff" still looms. At the turn of the New Year, $600 billion in automatic spending cuts and tax hikes are set to take effect if Democrats and Republicans in Congress cannot come together over a fiscal deficit reduction deal.
For most of 2012, the financial headlines were dominated by news about Europe, concerns about China's economy and, of course, the U.S. election and fiscal cliff.
All of November and half of December have now gone by, and our government still hasn't reached a deal to avoid the "fiscal cliff."
On Wednesday night Google's new iOS 6 map application was released for the iPhone. It has become the most downloaded free application in the Apple app store.
Rumors about Apple TV have been circulating for two years. Will the third year be the charm?