Edith Windsor's tax bill led to the recognition of gay marriage, but same-sex finances are still clouded by uncertainty
History is not often made through a married couple's tax bill, but it was last week. In 2007, Edith Windsor married Thea Spyer, her partner of more than 40 years. Spyer died in 2009 and, like almost any married person, attempted to leave her property to her significant other. But it...Read more.
Edith Windsor's tax bill led to the recognition of gay marriage, but same-sex finances are still clouded by uncertainty
History is not often made through a married couple's tax bill, but it was last week. In 2007, Edith Windsor married Thea Spyer, her partner of more than 40 years. Spyer died in 2009 and, like almost any married person, attempted to leave her property to her significant other. But it...Read more.
Hyatt heiress worth $1.8bn with checkered past dealings is top pick for secretary of commerce. What was that about change?
Here's why Americans get cynical about politics: they think they are voting for hope and change and, instead, they find themselves confronted by Wednesday morning's congressional hearings starring Hyatt heiress and Chicago businesswoman Penny Pritzker, President Barack Obama's pick to be the next secretary of commerce.
Pritzker has appeared Zelig-like...Read more.
The current student loan set-up is not good for our long-term financial health, as a generation in debt weakens our economy
Last week, Senator Elizabeth Warren debuted her inaugural legislative effort, a bill intended to stop the cost of federally subsidized student loans from doubling from 3.4% to just under 7% on 1 July. Warren's solution? A one-year temporary fix that would allow students and their parents to borrow money for...Read more.