DOJ blocks AT&T offer for T-Mobile
The Department of Justice filed an anti-trust challenge in court today blocking a $39 billion deal by communications giant AT&T to acquire wireless giant T-Mobile. The move is part of…
FED stands ready, but does not make a change
In a closely watched speech in Jackson Hole, WY this morning, FED Chairman Ben Bernanke tried to boost investor confidence without announcing a new round of anticipated “quantitative easing” (QE).…
The Golden State’s Tarnished Anti-Tax Image
According to the U.S. Labor Department’s monthly household survey released today, unemployment and joblessness in California officially stands at 12 percent. That number is, of course, an underrepresented sample. It…
In debt ceiling compromise, we are all losers
Negotiations to raise the debt ceiling came down to the wire Monday night with the winners and losers striking a compromise deal. President Obama proved he can “kind of” stand…