Many Americans appear to be worried about what will happen to the economy if the federal government goes over the so-called fiscal cliff, the Conference Board reports. But there's also good news: The housing sector continues to recover.
The Federal Reserve continued to keep its foot on the accelerator in 2012, using unusual tactics to try to boost economic growth. But economists disagree about whether the Fed's policies were effective or whether the inflation risks outweighed the rewards.
As the year comes to a close, many people turn attention to giving back through charitable donations. With the economic recovery, many are seeking out more information to be sure that the donations go to the intended cause.
In the East Bay area outside of San Francisco, a community has turned against its firefighters. The Contra Costa Fire Department is set to close four firehouses after voters failed to pass a tax to keep them open. Some say they want to see changes to firefighter pensions before they give the department more money. The firefighters say they feel like they are under attack.
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