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Sequester 2013: Obama Asks Congress to Delay Automatic Cuts
Alex Marin in Budget 4 months ago
President Barack Obama will ask Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to avoid the across the board cuts scheduled for March 1.
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U.S. Debt Crisis 2013: Budet Deficit Estimated At $845 Billion, Says CBO
Alex Marin in Budget 4 months ago
The Congressional Budget Office says the budget deficit will drop below $1 trillion for the first time in President Barack Obama took office.
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With 1 Out Of 6 Millennials Jobless, Here is How We Create Opportunity For This Generation
Terence Grado in Jobs 4 months ago
Every month when unemployment numbers are released, we are reminded of the awful youth unemployment situation. For January, it's an astounding 13.1% ... and maybe even higher.
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Paul Krugman: 'Death Panels and Sales Taxes is How We Do This'
Joel Griffith in National Debt 4 months ago
Paul Krugman says “death panels and sales taxes” are the way out of the debt crisis. The mantra is at odds with a nation founded on the rights of “life, liberty, and the pursuit of happiness."
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Temp Agencies Don't Work: 1 in 4 American Jobs Pays Less Than $23,050 a Year
Anjana Sreedhar in Jobs 4 months ago
Although the jobs reports suggests economic growth and an increase in employment, it's time for us to take a closer look at the temp industry to understand where the jobs are really coming from.
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Was the 'Got Milk?' 2013 Super Bowl Commercial a Violation Of Free Speech?
Michael Nathan Magan in Markets 4 months ago
The "Got Milk?" ads synonymous with milk mustaches had a 1-minute-long commercial during the Super Bowl on CBS. The government paid for this commercial without some milk producers' consent.
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Dow Jones 14,000 is Economic Illusion Created By the Federal Reserve
Remberto Latorre Artus in Monetary Policy 4 months ago
The Dow Jones hit 14,000 on Friday for the first time in five years. Unfortunately this latest rally has been driven by cheap money more than anything else.
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Sears Holdings: Will Sears and Kmart Be the Next Hostess Brand?
Jeanne Vickery in Markets 4 months ago
Will the hedge fund billionaire turned retailer wannabe, Edward Lampert, save Sears Holdings? Or, will the company go the way of the Twinkie?
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