| Jan 16, 2012 | Economy / BusinessThe wealthiest Americans — and deep pockets everywhere else — are spending epic sums on artwork. Christie’s and Sotheby’s, the two big fine art auction houses, are reporting a 35-percent increase in the prices paid for Picassos and other blue-chippers over...
| | Economy / Business“USA: We’re No. 1!” Oh, wait — Iceland is No. 1. But we did beat out Poland and Slovakia, right? Uh…no. But go on down the rankings and there we are! No. 27, fifth from the bottom. So our new national chant is, “USA: At Least...
| Jan 9, 2012 | Economy / BusinessI’m a member of the 1 percent. I’ve watched my income tax rates fall over my lifetime, from a top rate of 91 percent under President Dwight Eisenhower to the current low rate of 35 percent. When taxes were higher, this nation built a vibrant middle-class...
| | Economy / BusinessI’m not apt to make impossible New Year’s resolutions. Gumbo and red beans and rice will be safely on my plate for another year. But at the beginning of every New Year, I do like to pause to affirm my highest intentions. The year just ended was one of the...
| Jan 4, 2012 | Economy / BusinessIn 2012, the 63 million Americans who depend on Social Security are getting their first cost-of-living adjustment (COLA) in three years: a 3.6 percent increase in benefits. In other words, one in five Americans are getting a raise. For the average beneficiary, this...