Feel the pinch: year of the crab set to cling on

There are two unavoidable truths. First, nobody knows the future. Second, putting your money anywhere, even under the bed, involves a risk

There are two unavoidable truths. First, nobody knows the future. Second, putting your money anywhere, even under the bed, involves a risk

There are two unavoidable truths. First, nobody knows the future. And second, putting your money anywhere, even under the bed, involves a risk

This year, courtesy of the fiscal cliff deal and the payroll tax hike that Congress passed in early January, the majority of Americans are facing higher tax bills.

A young member of the Mensa society for people with high IQs who taught herself to sew now has a clothing line at Nordstrom.  Isabella Rose Taylor is a 12-year-old college freshman from Austin, Texas. Her fashion line, which is described as "hippie-grunge, yet feminine," will launch for back-to-school later this year. 

A few year's ago, Joe's Crab Shack was in trouble.  The chain had split off from parent company Landry's Restaurant Inc. and was closing under-performing stores.  Today, Joe's Crab Shack has pulled off a big turnaround, with 18 consecutive quarters of sales growth, reports Nation's Restaurant News. 

If you're in your 40s, you could be considered either a "late baby boomer" or member of "Generation X." Either way, you're at a time in your life when you're putting youth aside and should be doing some financial planning for your future and your family's future.

By Chris Katje: IPO Terms