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Archive for January 5, 2012

The IRS audited one out of every 8 millionaires last year, the third year in a row the agency has ramped up its enforcement of the nation’s top earners.

Gaming in 2012 is going to be a very wild ride, with the introduction of two new consoles, a return to the “Halo” universe and the potential for even more entertainment choices.

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BYD and the State Grid Corporation of China (SGCC) have finished construction on what may be the world’s largest battery energy storage station.

BYD and the State Grid Corporation of China have finished construction on what may be the world’s largest battery energy storage station. This large utility-scale project, located in Zhangbei, Hebei Province, combines 140 MW of renewable energy generation (both wind and solar), 36 MWh of energy storage and a smart power transmission system. While there are renewable generation systems of this scale in service today, there are no battery systems of this size.

Maybe the best person to take on issue number one — the economy — should be an economist?

If Republican primary voters are inclined to reward candidates who have big, bold, game-changing plans for the tax code, Mitt Romney might be in trouble.

A day after taking over the job as the first director of the Consumer Financial Protection Bureau, Richard Cordray defended his role and says he’ll work to win Congress over.

The income divide in the U.S. is not only evident in unemployment lines and protests outside Wall Street, but also in the way consumers shopped during the holidays.

Despite the uptick in oil prices thanks to Iran’s threats last week, experts don’t foresee a major oil price spike even as evidence mounts that tougher oil sanctions against the country are beginning to bite.

The times they are a-changin’. For the first time in history, digital music sales topped the physical sale of music.

A federal district court judge in New York has delivered some more bad news to thousands of investors who lost money to Ponzi schemer Bernard Madoff.