Business » Finance

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It May Be Time to Stop Itemizing Your Taxes

It May Be Time to Stop Itemizing Your Taxes

By Tina Orem | Dec 9
Around this time of year, many taxpayers begin the annual ritual of pondering The Big Question: Do I take the standard deduction or spend time hunting for receipts and filling out extra forms to itemize?

Income and Compatibility are Strongly Linked, Study Finds

Income and Compatibility are Strongly Linked, Study Finds

By Tyler Schmall, SWNS Digital | Dec 9
Before getting serious with a new partner, you may want to check their paystubs. According to new research, relationships are incompatible if there's a $36,000 disparity in salary.

Supplies Low for Shelters Helping Migrants As Holidays Near

Supplies Low for Shelters Helping Migrants As Holidays Near

By Russell Contreras | Dec 8
Nonprofit groups and churches — especially along the U.S.-Mexico border — are racing to get donated clothes, diapers, cots and meals for Central American migrants as the holidays approach and resources begin to dwindle.

Liz Weston: New Scoring Could Help Credit-Shy Millennials

Liz Weston: New Scoring Could Help Credit-Shy Millennials

By Liz Weston | Dec 6
Millennials' aversion to credit cards can make it hard for them to build good credit scores. A recently announced scoring system, the UltraFICO, may someday help them and other consumers get loans and credit.

Trump Task Force Recommends Ways to Boost Postal Service

Trump Task Force Recommends Ways to Boost Postal Service

By Martin Crutsinger | Dec 6
The report recommended that the Postal Service develop a new pricing model that would remove current price caps and charge market-based prices for mail and packages that were not deemed to be "essential postal services."

Trump's Push for Tariffs Squeezes A Weakening Global Economy

Trump's Push for Tariffs Squeezes A Weakening Global Economy

By Josh Boak | Dec 6
The global economy was already showing signs of a slowdown when President Donald Trump reminded the world of his love of tariffs and sent a chill through financial markets.

Paris Riots Show Difficulty of Fighting Warming with Taxes

Paris Riots Show Difficulty of Fighting Warming with Taxes

By Seth Borenstein and Angela Charlton | Dec 6
Economists, policymakers and politicians have long said the best way to fight climate change is to put a higher price on the fuels that acre causing it - but it's not so easy for financially pressed people.

Eurozone Ministers Reach Compromise Deal on Reform Package

Eurozone Ministers Reach Compromise Deal on Reform Package

Dec 5
Eurozone finance ministers have agreed to strengthen the single currency bloc's defenses against any future financial crisis.

AP Fact 'Check: 'Tariff Man' Trump Wrong on Import Taxes

AP Fact 'Check: 'Tariff Man' Trump Wrong on Import Taxes

By Josh Boak | Dec 5
President Donald Trump promised on Twitter that tariffs would maximize the country's economic heft and "MAKE AMERICA RICH AGAIN." Almost all economists say the president is wrong. That's because tariffs are taxes on imports. They can cause higher prices.

Bezos' Preschools Come As Rich Get Richer, More Generous

Bezos' Preschools Come As Rich Get Richer, More Generous

By Sally Ho | Dec 4
With such high-profile giving fueled by both capitalism and poverty, critics have thrust that dichotomy into the spotlight, challenging how the system that allowed these philanthropists to amass their fortunes ultimately contributes to social problems.

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