New Jersey Lawmakers Pass Minimum Wage Hike
Also approve pegging future increases to the U.S. Consumer Price Index
Economics
Boehner Says There is No Progress on Fiscal Cliff Negotiations
Latest proposal rejected by Republicans
LA Tickets 12,000 Drivers over New Toll Lanes
Wanting more than $18,000 from those who drove in lanes without paying
Charities Fight to Keep Tax Deductions
Worry they'll be thrown off the fiscal cliff to keep the wolves at bay
ObamaCare Patients Discover Health Care Not Actually Free
Many will still be unable to afford it
Municipal Governments in Michigan Reject Marijuana Decriminalization--and Democracy
Flint and Detroit voters approve marijuana decriminalization, their city governments ignore them.
Strike Shuts Down LA Port for Second Day
Because of 70 clerical workers who want job security
Gallup: Democrats, Republicans Disagree on Capitalism, Federal Government
Not really a surprise
Panama Canal Expansion Fueling Port Upgrades; Some U.S. Ports Burdened by Security, Environmental Regulations
Panama Canal set to double capacity by 2015
How the Consumer Became King
Stores don't open on Thanksgiving because they want to; they open because shoppers reward those that do.
Bankruptcy, Dissolution Options Considered For Troubled Detroit
Motor city running out of gas
Speaker Boehner: No Tax Hikes, Focus On Spending
You can hold your breath till your skin turns orange
Clerical Workers Strike at LA Area Ports
Demand protection against outsourcing that isn't actually happening
Argentina May Abandon International Court, Treaties Over Debt Rulings
The country's government doesn't like being told to meet its obligations
French Nationalization Threat Puts Government on the Defensive
Almost nobody thinks the threat is credible or wise
Washington's Phantom Austerity
Fiscal Cliff negotiators will means-test everything except government.
Costco Plans $3B Special Dividend To Escape Anticipated Tax Hike
That will save shareholders a mint
American States Want a Piece of the LIBOR Scandal
They could potentially nab hundreds of millions in fines
Medical Device Companies Want Device Tax Eliminated As Part of Fiscal Cliff
Job cuts and reductions in R&D budgets have already been announced in advance of the 2.3 percent tax
Will the Supreme Court Kill Used Bookstores?
The ruling in Kirtsaeng v. Wiley & Sons just may do that.
How on Earth Is a 401(k) a Government Subsidy?
A journalist proposes taxing the money people set aside for savings and then forcing them to save money via the government instead
John Boehner Rejects Proposal by Fellow Republican to Yield on Bush Tax Cuts
Rep. Tom Cole of Oklahoma previously suggested uncoupling the tax cuts for those making under $250,000
Legalize Insider Trading
Prohibiting people from profiting from their access to information makes the economy less fair and less free.
Court Orders Tobacco Companies to Come Clean About How Addictive Their Products Are
Ruling requires additional health warnings
French Wine Consumption is Down
Another indication that something is seriously wrong in Europe
Why the Sequestration Cuts Shouldn't Be Part of Any Larger Fiscal Cliff Deal-Making.
So we're facing a "fiscal cliff," Ben Bernanke's term for the following things scheduled to take place on January 1, 2013.
Two-Thirds of Millionaires Left the UK to Avoid 50 Percent Income Tax
Unsurprisingly, tax revenue went down
