Tuesday's Personal Finance stories
- Gridlock may stall key consumer, job bills
- How to lower your taxes with ETFs
- Insurance commissioner races matter this year
- More companies offering health-care benefits
- Mutual funds win gold, silver and bronze
Read Ruth Mantell's story today for a look at some of the key issues affecting consumers and workers, both employed and not, and the likelihood of Congress passing legislation to cure those ills.
And don't miss Kristen Gerencher's blog post today for why some states' votes on the post of insurance commissioner are of key importance this year.
Also on the health-care front, read how more small businesses are offering health insurance to workers. Now there's some good news.
— Andrea Coombes , personal finance editor
Gridlock may stall key consumer, job bills
Lingering high unemployment. Food that sickens thousands. Confusing credit products. As a mother (and wife, daughter, sister, friend and coworker), these are a few of the pressing issues on my radar screen as Americans head to the voting booth Tuesday.
Read more on gridlock's likely impact on key consumer and job bills.
State insurance commissioners rarely make for sexy election news, but this year may be different, thanks to the health-care reform law.
Read Kristen Gerencher's Health Matters blog for more on health reform and the insurance commissioner races.
In schools and churches, car dealerships and recreation centers across the country on Tuesday, Americans worried about jobs and the economy cast ballots in the historic midterm election with the Democratic Party's congressional majority hanging in the balance and Republicans poised to make major gains.
Read more on the GOP wave.
Thinking about selling some losing investments to offset capital gains? To get your tax deduction and potentially boost your portfolio returns at the same time, you should be thinking about exchange-traded funds as well.
Read more about how to lower your taxes with ETFs.
With the Bush-era tax cuts set to expire Dec. 31, you'd expect that the first order of business for Congress after Tuesday's election, no matter who controls the House or Senate, would be to deal with tax law.
Read more on what the election means for your taxes.
In Washington, a bipartisan panel of lawmakers is readying a deficit-reduction plan that promises to raise your taxes and cut your services.
Read more on your taxes and Wall Street.
Warm weather for much of the month of October may lead to hotter discounts for shoppers in the coming months.
Read more about bargain hunting.
The number of small businesses offering health insurance to workers is projected to increase sharply this year, recent data show, a shift that researchers attribute to a tax credit in the health law. Many small businesses, however, remain opposed to the law.
Read how more companies are offering health-care benefits.
Housing prices won't stabilize until buyers emerge, but buyers won't emerge until housing prices stabilize.
Read more about the economy's real-estate Catch-22.
As the Federal Reserve gets ready to start a program that could see the central bank snap up trillions of dollars' worth of government bonds, perhaps the most surprising reaction of economists isn't support or alarm, but indifference.
Read more on the biggest QE surprise may be nothing.
Take 19,000 different share classes of stock and bond mutual funds, keep only the ones with above-average performance and low risk and cost, and the list gets pretty thin — exactly 27 diversified stock funds and two taxable-bond funds.
Read more on the mutual funds that win gold, silver and bronze medals.
Talk about beating the odds. Not only was September one of the best months for the stock market in decades, October was no slouch, either. The 3.3% return achieved by the Dow Jones Industrial Average was far better than October's long-term average of just 0.2%.
Read more on November by the numbers.
The best way to understand Wall Street is to view it as a heist movie, like "The Sting," "The Italian Job" or "Ocean's Eleven." There's just one difference: In your traditional caper, a bunch of little guys get together to steal money from the big guys — a tycoon, big bank or major corporation.
Read more about the similarities between Wall Street and heist movies.
Warning: Fed Chairman Ben Bernanke's foolish gamble to stimulate the economy will backfire, triggering a new double-dip recession. Bernanke is "meddling" too much in the economy, say Marc Faber, Bill Gross, Jeremy Grantham, Joseph Stiglitz and others.
Read more about selling bonds in anticipation of Fed failure.