Credit rating agencies are likely to hold off passing judgment on the U.S. fiscal cliff deal until they have a clearer picture about the fate of the debt ceiling and longer term plans to reduce borrowing.
Everyone's paycheck is about to take a hit, and it's not the boss' fault. But some business owners say it's a tough talk to have.
Wealthy investors will have to pay a higher tax rate on their dividend income as part of the new fiscal cliff deal, but the increase isn't nearly as bad as what it could have been.
U.S. federal workers, who were bracing for furloughs, got a two-month reprieve under the deal passed by Congress to avert the fiscal cliff.
For middle class Americans, there will be no escaping higher taxes in 2013.
The fiscal cliff deal approved by Congress will increase deficits over the next decade by close to $4 trillion, according to the Congressional Budget Office.
Think the fiscal cliff caused an awful lot of uncertainty and held back the economy? How about three more cliff-like deadlines over the next three months?
The fiscal cliff compromise approved by the House late Tuesday will mute much but not all of the negative economic impact of going over the cliff.
International markets advanced Wednesday as lawmakers in the United States completed legislation that will mute much but not all of the fiscal cliff.