Bloomberg: The Fiscal Cliff Will Drive the U.S. Into Recession

House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the "fiscal cliff." FULL STORY

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

Fiscal cliff would drive the U.S. economy back into recession.

Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs. Obama Fiscal Cliff Deal Risks Brush With Recession

First trader to be wiretapped pleads guilty in NYC

The first securities trader to be wiretapped by federal authorities in an investigation that resulted in more than two dozen arrests..

Source: www.boston.com

Man gave $200K to fake online girlfriend

Police in Illinois said a man "was in disbelief" when officers told him the online girlfriend to whom he had given $200,000 was not a real person…

Source: www.upi.com

Fed officials disagree on more easing

Federal Reserve officials on Wednesday disagreed on what should prompt more support for the economy and what impact more asset purchases could have....

IMF says risks to global growth have intensified

The International Monetary Fund said on Friday that downside risks to global recovery have intensified due to recent turbulence in sovereign debt markets...

Make More on Your Cash

Too many investors are settling for near-zero yields. Here are ways to boost returns significantly without taking on too much risks..

Stocks enjoy biggest 6 month rally since 1933

Within the last 6 months, stocks has posted their biggest rally since 1933, according to a new report released by financial reporting powerhouse, Bloomberg.com