Fiscal cliff

The Senate deal permanently raises income taxes for individuals making more than $400,000 a year. It delays -- for just two months -- most of those automatic spending cuts that were set to kick in. And it includes a number of other provisions to stave off the most pressing aspects of the fiscal cliff.

The IRS faces a ton of decisions, changes and updates in the fiscal cliff deals. But until there is a deal, the federal agency is as uncertain about the future as everyone else.

Defense contractors are already cutting back as the war in Afghanistan winds down.

All eyes on are on Washington as the deadline to the fiscal cliff is just hours away.

Come Monday, if there’s no fiscal cliff deal, the best way for people to indicate their unhappiness is the markets.

Among the tax cuts set to expire if Congress rolls over the fiscal cliff is the federal estate tax. Some states are looking forward to the old law, which gave them a slice of the tax revenue.

As the drama unfolds here at home, it is important to see how the fiscal cliff is affecting economies elsewhere in the world -- like Asia.

For weeks now the major indexes have jumped on days when a fiscal cliff deal seemed possible. What might investors realistically hope for at this point as the deadline draws near?

The President is back in Washington today to deal with the Fiscal Cliff. A long-term deal is unlikely at this late date. Now the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts.