Senate negotiators reached a tentative deal this morning to address the student loan interest rate crisis. There now appears to be sufficient bipartisan support to pass legislation similar to a…
Recent public disclosures of the minutes from the Federal Reserve’s board meetings indicate a growing rift between proponents of a gradual withdrawal of the Fed’s stimulus policy of “quantitative easing”…
The coming student loan debt crisis has been widely discussed but it remains low on the list of problems facing Congress and the priorities of the American people. In fact,…
The Labor Department is reporting that the economy added 200,000 jobs in June, beating the expectations of analysts by about 35,000 jobs. The effective rate of unemployment remained the same…
In a landmark but mixed decision the US Supreme Court struck down a key provision of the Defense of Marriage Act that prohibited federal recognition of gay and lesbian couples.…
Benjamin Ginsberg, a political science professor at Johns Hopkins University, has recently proposed an innovative idea for college’s and universities to save money during this austere budget climate. Following the…
Thomas Edsall, a professor of journalism at Columbia University and author of The Age of Austerity, has an interesting discussion in the New York Times “Opinionator” section today in which…
Despite weak economic growth and dim forecasts for more robust growth in the future, large corporations are taking advantage of weak sales and declining profits to make big on mergers…
This week the Justice Department announced a civil lawsuit against the credit rating agency Standard & Poor’s after a lengthy investigation. The suit alleges that the agency issued faulty credit…
The U.S. economy contracted by a fraction of a percent in the final quarter of last year, catching investors off guard. According to a Commerce Department report released yesterday GDP…