Last year, millions of Americans received unemployment checks. Which makes for millions of people with some tax-free income. Congress made the first $2,400 of unemployment benefits exempt from federal income tax for last year.
President Barack Obama's push to create jobs includes a new tax credit for small businesses that add employees, an idea that has appeal as the nation struggles with an unemployment rate topping 10 percent.
Previewing key elements of his State of the Union address, President Barack Obama is announcing on Monday a series of initiatives aimed at calming some of the economic fears of struggling middle class families.
More than 40 years after her family was forced from their home because they were black, Sallie Sanders received the keys to a new house built to settle one of the longest-running cases of housing discrimination in the United States.
Magician David Copperfield made the Statue of Liberty disappear, but even he might be envious of the neat trick some mutual fund companies have recently accomplished: making poor-performing mutual funds – and their records – vanish.