The latest data on the economy are grim to say the least. It had previously been reported that the GDP declined by 1 percent in the first quarter of the year. That was bad enough, but now we are told it actually fell by 2.9 percent. That is scary enough to send investors running for the hills, or at least it should be.
Do oil companies really care about vulnerable populations like low income people and communities of color? Could it be that they are using these families as a smokescreen for killing environmental protections and protecting their profits?
America loves an underdog, a scrappy competitor who manages to beat the odds. By staying so low for so long, interest rates have not only beaten the odds in recent years, they've laughed right in their face. The question is, how long can interest rates keep doing it?
Latvia, a country Paul Krugman loves to hate, takes the prize for the least miserable of the former Soviet Union countries in this sub-ranking.
I got my annual dose of humility this week when I attended the Fortune Brainstorm Tech conference in Aspen, an event that brings Wall Street and Silicon Valley elite together for three days of talks and networking. I've been to it four years in a row now, and it's always a good ego check for me.
Rarely do a man, moment, mission and election come together as perfectly as the opportunity for Bill Clinton to save the Democratic Party in the 2014 midterm elections.
Policymakers should approve legislation that strengthens the bipartisan response from a decade ago -- and soon. Waiting for corporate or international tax reform will only invite more tax avoidance-driven corporate exits.
On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act became law. As with human 4-year-olds, the party parents throw may be a little duller than on the first birthday, but the toddler now appreciates the present in the box more than the box itself. Let's look at what's in the box.
Rural electric co-ops got their start more than 70 years ago thanks to a smart piece of public policy -- the New Deal.
There's a proverb that says that the real measure of your wealth is how much you'd be worth if you lost all your money. And for me, no truer words have ever been spoken!
If GDP growth is that dependent on workforce growth, and 1990s growth repeats itself -- which was the longest uninterrupted economic expansion in our history that also gave us four years of budget surpluses -- then we may see the next generation about to take charge. They could turn out to be much more industrious than we know!
The ideal way to implement change is to wait for Congress to change the laws. The most efficient way for an American citizen to make their anger felt is by boycotting Walgreens.
Bloggers and reporters alike are responding to post-recession America with a similar refrain: the traditional 9-5 job is dead. If you listen, you can hear the bagpipes playing an accompaniment to the doom and gloom future painted for the j-o-b.
Abundance, to me, is a way of living, not something you own or have. It's about who I am as a person, what values I have. And most of all it's about being thankful for the things and benefits I have, and the life I'm living.
Barack Obama's Justice Department on Monday announced that Citigroup would pay $7 billion in fines, a move that will avoid a humiliating trial dealing with the seamy financial products the bank had marketed to an unsuspecting public, causing vast damage to the economy.
It is striking to see how the establishment types are willing to throw out all their rules and principles in order to secure re-authorization. Given their power, they will almost certainly win, but the rest of us should at least enjoy the show.