Experts expect compromise to avoid fallout from the 'fiscal cliff'

(Phys.org)—The image of a "fiscal cliff" may give the wrong impression of the potential fallout should Congress fail to take action by the end of the year on the Budget Control Act. Iowa State economist Dave Swenson described ...

Thanksgiving steals sales from Black Friday

Thanksgiving shopping on Thursday took a noticeable bite out of Black Friday's start to the holiday season, as the latest survey found retail sales in stores fell slightly from last year.

Groupon's shares fall below IPO price in 3 weeks

Groupon Inc.'s stock fell below its initial public offering price for the first time Wednesday as investors reassess the challenges facing the still-unprofitable online deals company in a shaky economy.

Americans moderate views in deliberative democracy experiment

(PhysOrg.com) -- Liberal and conservative citizens weighing options for reducing the national debt moderated their views as a result of deliberation in the largest experiment in deliberative democracy ever. They also made ...

Only tax increase can cure Illinois budget woes, study says

Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nation's most financially troubled states, a soon-to-be-released report by a team of University of Illinois ...

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