Q: I am 68 years old and getting Social Security. I recently took a job and was shocked to learn they are taking Social Security taxes out of my paycheck. I thought once you are getting Social Security, you no longer have to pay taxes into the system. Am I right?
NEW YORK (AP) - A Florida billionaire awarded $12 million Friday by a Manhattan jury in his dispute over phony vintage wine vowed to do more to expose wine frauds. The energy maven and yachtsman also proclaimed it his happiest day since winning the America's Cup in 1992.
NEW YORK (AP) - Verizon Wireless, the country's largest cellphone carrier, on Friday said that it is extending the time it takes to earn a subsidized phone upgrade from 20 months on contract to 24 months.
WASHINGTON (AP) - President Barack Obama's plan to raise Medicare premiums for upper-income seniors would create five new income brackets to squeeze more revenue for the government from the top tiers of retirees, the administration revealed Friday.
DETROIT (AP) - Six automakers, including Toyota, Honda and Nissan, are recalling nearly 3.4 million older-model vehicles worldwide because of defective air bags that can send shrapnel flying into the passenger compartment.
LAS VEGAS (AP) - As the federal government tries to encourage companies like AT&T and Verizon to create bigger, faster mobile networks, TV broadcasters are feeling like the farmers of yesteryear who were asked to sell their land to make way for the nation's highways.
SAN FRANCISCO (AP) - If fewer people are interested in buying a new personal computer, then fewer investors want to own stakes in companies whose fortunes are tied to the sales of laptop and desktop machines.
SAN FRANCISCO (AP) - Three influential venture capital firms are teaming to find and finance entrepreneurs who want to create applications and other accessories for Google Glass. That's an Internet-connected device that is setting out to turn wearable computing into the latest fashion trend.