In a speech to journalists at the Associated Press (AP) President Obama roundly criticized the House Republican budget proposal and its economic presuppositions. The President wasted no time in taking…
Last week, Congress passed a much-weakened version of the STOCK Act banning insider trading by its members and their staffers. The law was significantly weakened by failing to place curbs…
America’s reaction to the Supreme Court’s decision in Citizens United ranges from public outrage visible in the Occupy Wall Street movement to barely concealed glee among wealthy donors who seek…
In his third State of the Union address President Obama drew a picture of cooperation between government and business for an America that is “built to last”—a phrase he repeated…
A Gallup News Poll released Monday is telling. Americans trust their bankers more than their elected officials. According to the poll, 64 percent of Americans rate the honesty and ethical…
On the growth of inequality in America: “But for most Americans, the basic bargain that made this country great has eroded. Long before the recession hit, hard work stopped paying…
The Department of Labor announced that jobless claims were down from 9 to 8.04 percent in November, the single largest decline since March 2009. The fraction translates into roughly 120,000…
In a sign that the U.S. and European Union are serious about resolving the ongoing debt crisis in the euro zone, the central banks of five countries, including the European…
The national dialogue started by Occupy Wall Street will continue, but the last of the encampments that have sprung up in big and small cities across America will be cleared…
After weeks of intense and bitter negotiation, the so-called “Supercommittee,” the special Congressional Committee charged by President Obama to find a bipartisan plan for reducing the budget deficit, has failed…