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Samsung

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Samsung needs to reinvent itself (again)

Another quarter, another set of disappointing results for Samsung. This time, net profit fell 27% from the previous year as intense competition continued to eat away at the company's smartphone business.

The fourth quarter results are troubling, but n...

Obamacare Complaints - Generic

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Millions to owe Affordable Care Act tax penalty

Some 3 million to 6 million Americans will have to pay an Affordable Care Act tax penalty for not having health insurance last year, Treasury officials said Wednesday.

Federal Reserve building

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Fed stays 'patient,' but rate hikes are coming

The Federal Reserve said it will remain "patient" and not rush to boost interest rates. But the writing is on the wall. Rate hikes are coming sooner rather than later.

The central bank sounds very upbeat about the U.S. economy. It cited evidence that ...

Oil fracking in California

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The Obama oil boom

The greatest oil boom in this nation's history has occurred during the tenure of self-proclaimed environmentalist Barack Obama.

Blizzard Boston plow

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How much did the Northeast snowstorm cost?

The economic hit taken by the Northeast this week is kind of like the storm itself: not as bad as it could have been.

Estimates from experts vary between $500 million and a little over $1 billion.

Analyst Evan Gold of Planalytics echoed the sentiment...

IBM

Layoffs planned at Columbia IBM branch

ABC 17 News confirmed Wednesday layoffs are planned at International Business Machines, also known as IBM.

IRS

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IRS to tax cheats: Stop hiding your money offshore

The IRS has been cracking down on tax cheats trying to hide money in offshore accounts. But it's still one of the top tax scams out there.

Cash Money File 6

Dems: Koch's $889 million pledge helps Dems

The Koch brothers -- longtime Republican funders and Democratic boogeymen -- reportedly told donors at their annual retreat on Monday that they plan to spend $889 million during the 2016 election cycle.

Chevy Colorado 2015

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Kelley Blue Book lists best resale values

Depreciation: It's the biggest cost of owning an automobile. Some vehicles just hold their value better than others when you sell or trade them in. Those that don't just plain cost you more.

So, each year, analysts at Kelley Blue Book tally up the car...

Stocks tank Jan 5

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Dow falls 291 points, but it could have been worse

Forget the snow. Investors are getting a blizzard of earnings this week, and so far it's a gray mess -- the Dow shed 291 points Tuesday.

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