Money in a Minute: Headlines From Around the Web

Money in a Minute: Headlines From Around the Web

Federal budget: U.S. debt limit increase agreement may take until August, Ryan tells NBC

Congressman Paul Ryan, author of the controversial “Ryan Plan” to reduce the federal deficit, doesn’t expect a quick and peaceful vote on raising the debt ceiling. “A congressional agreement to increase the U.S. debt limit and reduce federal spending may take until August,” Bloomberg reports.

Jobs: Strapped states trying to trim jobless benefits

If you’re newly unemployed, better not to live in Michigan, Missouri, or Arkansas. Those states “recently reduced the maximum number of weeks that the jobless can get state unemployment benefits,” MSNBC reports. “Florida is on the verge of doing so.”

SMALL BUSINESS: States with worst business failure rates

Speaking of states, if you own a small business, better to live anywhere else than in California or Nevada. “California’s small business failure rate was 69 percent higher than the national average, the worst of all the states,” CNN reports. “Nevada is next, with a rate 65 percent higher than the national average.”

RECREATION: Number of Americans hitting the waterways hit record in 2010

We may be driving less, but we’re boating more. “While other industries sank as the recession took hold, recreational boating saw numbers hit a record in 2010,” USA Today reports. “32.4 percent of American adults participated in the leisure activity. That’s the highest percentage since 1999.”

TAXES: IRS snafu leaves taxpayers, refunds in limbo for months

The First Time Home Buyers Tax Credit is a great way to save a few tax dollars, but the program swamped the agency’s staff and “overwhelmed IRS systems, and an unspecified number of taxpayers have been forced to wait four months or more for their tax refunds,” MSNBC reports. “In fact, many are still waiting.”

Popular Articles

6 Tips to Age-Proof Your Resume
6 Tips to Age-Proof Your Resume

Finding a job isn’t easy — and it sometimes feels like too much experience actually counts against you. These tips will help.

How All 50 States Tax Your Retirement Income
How All 50 States Tax Your Retirement Income

Find out which states are friendly, and not-so friendly, with the money you’ll need in your later years.

7 Reasons You Should Rent a Home in Retirement
7 Reasons You Should Rent a Home in Retirement

Renting is a better fit than owning for many retirees. Here’s how it can pay off during your golden years.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Trending Stories

Comments

903 Active Deals

More Deals