Lifestyle and Budget

Still a Recession for Typical American Family?

It’s Fed day, finally! And the government released bleak statistics this week on household income. Plus, don’t tell Versace that home prices are rising. Here is the morning business outlook for Wednesday.

New $100 Bills Start Circulating Today

Nearly 100 years after first going into circulation, the one-hundred-dollar bill is debuting a high-tech makeover complete with enhanced security features and new paper. 

IRS Gets New Powers to Revoke Passports

Submarined deep in the transportation bill passed by Congress last December was a new power given to the IRS to collect taxes. If you have a federal tax debt of $50,000 or more, the IRS can get your passport cancelled. 

Details of the Military Force Reduction

As part of an overall force reduction due to federal budget constraints, the U.S. military has been forced to cut members. Here’s what you need to know about the Reduction in Force.