Across the board—for goods ranging from cars to books to clothes—Americans are increasingly acclimating to the idea of giving up the stability of ...
The editor-in-chief of Towson University's student paper is hoping to take legal action against those responsible for the disappearance of nearly 3,00...
Pulitzer Prize-winning journalist David Cay Johnston says it's no accident that the middle class has been shrinking. In fact, in a recent conversatio...
"It's the economy, stupid" is a phrase that has lived on longer than anyone would have expected.
In the wake of the 2008 financial meltdown and the deep, long recession that followed, the decline of America has become the preferred intellectual pr...
The Senate's passage Thursday night of extensive financial reform is being portrayed as a big loss for the financial sector. "No End to Banks' Capitol...
Investment bankers are among the least reflective of financial birds. They deal with the problem at hand without asking too many questions about how i...
What is especially disheartening in Iceland is that, not only did the bankers retain their compensation; they continue to draw salaries in their new positions of authority in the new banks and in the government.
This year, compensation will again eat up something close to a majority of Wall Street's revenues. And while Goldman and Morgan Stanley have paid back...
But the big American banks aren't nearly so independent as they would have us believe. JPMorgan Chase, Goldman Sachs, and their peers are still benefi...
While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...
Could our long national nightmare be over? The economic contraction, this Great Recession, began in December 2007, and there's no apparent end in sigh...
Contrary to what John Boehner says, a big foot needs to be placed on the financial industry to make sure that last year's near collapse can never happen again.
Investment professionals and econo-pundits claiming to speak for Wall Street have been blaming President Obama for the recent run of losses in the sto...
Last week, I wrote that the Republican claim that Obama is fighting a war against the rich was bogus. Over the weekend, I thought better of it. It tur...
Been hearing that the administration has "declared war on the rich," lately? Well, Newsweek's Daniel Gross puts our latest would-be culture warriors ...
The dumb, willfully blind optimists who dominated the late boom have been evicted--and the ardent declinists, the bears and the prophetic historians h...
The Federal Deposit Insurance Corp. on Monday agreed to sell IndyMac, a failed bank it took over last July, to a group of sharp Wall Street operators....
It's difficult to avoid the comparisons between the current sad state of financial affairs and the Great Depression. "This is not like 1987 or 1998 or...
