Obama may levy carbon tax to cut U.S. deficit

by -NO AUTHOR- -- (Bloomberg) Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit after winning a second term as president, according to HSBC more…

Warren Buffet shines his investment light on Poland

by -NO AUTHOR- -- (OilPrice) Poland's state-owned Grupa Lotos oil refiner is the latest to benefit from the “Buffet Effect”. Lotos received a major boost this week when investor extraordinaire Warren Buffet’s more…

Obama's 'math doesn't work'

by -NO AUTHOR- -- [ooyala code="BkbnBwNjr3FOjrLOYb9hsf-6IhADijrj"] Americans voted to re-elect President Obama and keep Republicans in control of the House of Representatives.  With myriad tax cuts ready to expire and the "fiscal more…

GOP to be blamed for plunging off 'fiscal cliff'

by Joe Kovacs -- [caption id="attachment_303851" align="aligncenter" width="600" caption="U.S. Rep. Chris Van Hollen, D-Md."][/caption] If Republicans don't go along with calls by President Obama for higher taxes and the nation goes off more…

Post-election retreat: Dow plummets

by -NO AUTHOR- -- FOX Business: Capitalism Lives Here Equities, commodities and other risky assets tumbled on Wednesday after U.S. elections left Washington, D.C. as sharply divided as before as the fiscal more…

Treasury quietly warns on debt limit

by -NO AUTHOR- -- (CNS News) The U.S. Treasury quietly warned at the end of a statement issued last Wednesday that it expects the federal government to hit its legal debt limit more…