The Senate passed a bipartisan budget deal two hours after income tax cuts expired, reaching an after-deadline agreement to undo the potential economic harm of $600 billion in tax increases and spending cuts.
Advisers taking Washington's inaction in stride.
The Senate worked all weekend on proposals to avert the so-called fiscal cliff only to come closer than ever to the precipice by Sunday night. The mad dash to the edge undermines what is known as "regular order," or the Schoolhouse-Rock image of Congress.
Republican McConnell senses lack of urgency; Reid says to 'hang loose'.
If John Boehner makes small concessions to seal a last-minute deal with Democrats, it could cement his political legacy. It could also cost him his job as House speaker.
Agency wants funds using commodities to register with it.
Brokers allowed to trade as principals in certain accounts.
Rep. Frank's parting gift won't assuage Senate, Ag Committees' doubts
Market share down, says Advizent boss, but Wall Street brokerages embracing RIA concepts
Raising of estate tax exemption to $5M lessens need for policies that shield assets.
Federal court rules in favor of agent who maintained sites critical of insurer, but who will get paid?
Meaningful compromise in Washington highly unlikely before deadline; will small deals avert the cliff?
Some expect a fiscal deal only after new Congress comes to town.
Ameriprise workers filed suit in 2011, claiming firm profited from costly plan options
The fiscal cliff has given way to a ping-pong match. The volleys will occur between the House and Senate, as each chamber tries to settle on one palatable measure. While the ball goes back and forth over the net, it's becoming clear how investment taxes may fare.
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Parties need to solve fiscal cliff dilemma before leaving town.
