Surging stock prices will likely increase rather than decrease the costs of saving for retirement for most folks. Why? Because most people, including baby boomers who are inching closer to "retirement age", remain vastly underprepared for retirement.
The final days of the 113th Congress brought with it the end of a turbulent month -- and year -- of American politics. It also led many of us to think ahead to the coming years as Republicans assume control of the House and Senate in January and a presidential election looms on the horizon in 2016.
The Best Idea for 2014 was requiring police to wear body cameras. This idea was so good it actually cut across the lines of the protestors and the supporters of police. Many on both sides of that divide support the idea, for what boils down to the same reason: the camera doesn't lie.
No one is arguing for complete equality of income. Not even close. We celebrate the success of the One Percent, and rightly so. All we ask, especially in this time of giving, is for the compassion, the humility, the shared experience that existed only a few decades ago.
In honor of Christmas Eve, and the recent CRomnibus spending bill, a parody of "A Visit from St. Nicholas" ...
The rapid and evolving marketing landscape has assumed greater necessity for economical understanding of the decisions we make. Given its stratospheric rise in recent times, content is the forerunner.
Something is deeply awry in our nation with the world's biggest economy that lets its children be the poorest group and the younger they are the poorer they are during their years of greatest brain development. The Prince of Peace is mocked as we let a child be injured or killed by guns every thirty minutes.
The MENA region has timidly begun on a path to making its societies climate-ready and its energy policies climate-friendly. Given its resources, it can play a central role in moving to the new climate economy. And yet despite progress, there is still a long way to go.
While I do not condone Mr. Kleinman's behavior, I support Judge Wright's decision to put this young father behind bars for nearly 18 years, leaving his two young children without a father and creating a single mother, EVEN LESS.
As our nation increasingly becomes service oriented, we must ensure that "service" does not become synonymous with "enslaved." Instead we must adopt best practices and regulations that lift American workers. After all, a thriving working class is good for the nation's bottom line.
Three makes a pattern so, with inequality at the top of the news - be it about champagne wars at the House of Lords or the inherent privilege of white males on the streets of America - it is time to have a conversation about the difference between privilege and patronage.
Many orchids are now endangered or going extinct, as we destroy their special habitats. As it is, our exploding populations are changing the climate and irreversibly extinguishing much of the beautiful tapestry of life on Earth, and our mega life support systems, our ecosystems.
The midterms are behind us. In 2016, one thing any Democrat running for president must do is compare the record of Barack Obama (and Bill Clinton) to that of George W. Bush.
Millions of Americans are still filing for bankruptcy because of medical debt, even though they have insurance. In 2015, families could be on the hook for 13,200 in out-of-pocket expenses before their coverage kicks in. That's far more than many household budgets will allow.
Last week, I wrote a piece in this space lamenting the fact that so many Democrats had voted for a budget package that gutted a key provision of the Dodd-Frank Act. The so called swaps push-out provision, now repealed, required banks to separate their speculative business in derivatives from depository banking covered by government insurance and further protected by the Federal Reserve. The broader budget deal, technically a continuing resolution to keep the government funded through next September, also cut a lot of needed public spending and added several odious riders, including one that raises the ceiling on individual campaign contributions to party committees about tenfold. Had Democrats resolutely opposed the deal, I argued, it would have revealed Republicans as friends of Wall Street and enemies of Main Street -- a useful party differentiation between now and 2016.
Since many traditional Democratic constituencies strongly oppose these deals it is reasonable to ask why the Obama administration is so intent on pushing them. The answer is simple: money.