It turns out that most people, regardless of nationality or set of beliefs, share similar sentiments about how much CEOs should be paid -- and, for the most part, these estimates are markedly lower than the amounts company leaders actually earn.
The Bernanke and Yellen Feds have built a $2.7 monetary time bomb that should not be allowed to explode rapidly. The Fed should sell longer-term Treasury bonds to the public as the Fed reduces the interest they pay on the $2.7 monetary trillion time bomb.
If you want to understand the shift in global business, watch out carefully what is happening these days in New York. Alibaba Group is in for an unprecedented bonanza, launching the biggest IPO in history on Nasdaq.
Perhaps the mere threat that local and state governments might get serious about using eminent domain to seize underwater mortgages might be enough to get banks to do something they have been loathe to do from the beginning: write down principal and right-size mortgages to align them with current property values.
DOJ doesn't have to hand over huge bonuses in order to encourage whistleblowers on Wall Street to come forward, now that, as Holder admits, the Department is no longer actively policing the financial world. It ought to protect them from retaliation, though.
A London based private equity firm with the regrettable name ISIS Equity is changing its name to -- well, anything else... I don't blame them. Life ...
A yes on 4 vote will be a huge boost to the nearly one million workers in the Bay State who don't earn a single paid sick day now. It will help millions more who can't now use their time to care for a sick family member or don't get paid if they're out only one day.
Compared to the United States itself, the sum of 725 million euro is low, to which the EU had, in 2013, sentenced a German bank for cartel-like arrangements in interest rates. Seriously: This is not likely to be fined by the Financial BaFin.
We have the central bank of the US acting deliberately to keep workers from getting pay increases. They justify their actions over concerns about inflation, but we need not take these seriously. Who knows what they believe, but the real-world risk of a dangerous inflationary spiral ranks alongside the risk of attacks by Martians.
Perhaps it is the warm memories of playing with siblings that obscures what the game's objectives are, how it is played, and the lessons it imparts. For one, there is the object of the game itself, plainly stated: The winner is the last player left in the game, having driven their opponents into bankruptcy.
Now Burger King is asking us to swallow something even unhealthier than their food and lower than their pay. They are asking us to let them off from paying many of the taxes that sustain the very infrastructure, courts, education system and food safety system that enables them to stay in business.
It's time to shift the paradigm on urban development. But this is only truly possible through strong leadership and real commitments to make the change a reality. Let's hope leaders seize the opportunities today to shape more sustainable, prosperous cities of the future.
There is little doubt that lack of sufficient money constitutes a major stress and contributes to bodily ills. Our attitudes toward money undergird much of our lives, impacting our lifestyle and sense of well-being. Yet many of us ignore the task of managing our finances, often with dire consequences.
Even though the Fed is moving to reduce its purchase of bonds, it indicates it will keep interest rates at near zero indefinitely. Fed Chairman Janet Yellen is clearly more concerned about slow growth and modest labor market gains than about inflation or increased financial instability.
By exploring the lives and times of the Roosevelts, ER Burns shows that in our not-so-distant past the governing institutions of this country were actually responsive to the needs and desires of working-class Americans.
In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble. But workers who move to a place like Atlantic City for a job and invest in a home have no such protection.