Fresh on the heels of the largest stimulus in history, House Democrats and government agencies are already compiling their lists with what they say they need from the next package.
Until recently, funds that imposed redemption "gates" on their investors were those who had suffered a substantial mismatch between the illiquidity of their investments and the liquidity preference of their investors (which tends to be instantaneous)
Historians of the future, pan-roasting fresh-caught June bugs over their campfires, may wonder when, exactly, was the moment when the financial world broke with reality.
The U.S. government is enacting measures to save the airlines, Boeing, and similarly affected corporations.
A favorite phrase of Bank of America's chief investment strategist, and certainly an accurate one, is that "Markets stop panicking when policy makers start panicking."
Stocks tumbled into the bell after Sen. Bernie Sanders (I-VT) became the latest lawmaker to threaten to hold up the coronavirus stimulus package "until stronger conditions are imposed on the $500 billion corporate welfare fund."
The Wisconsin Department of Natural Resources approved a request to divert 7 million gallons of water a day to the area where Foxconn is building its new plant.
The other day a friend contacted me, looking for an article that explained why centralization is bad. At first I was sure there had to be many, but I came up dry. Hence today's article.
LAS VEGAS - Local for-hire private "guardians" including Jared E. Shafer, April Parks, and Patience Bristol (currently serving 5-8 years in the Nevada State Prison for elder exploitation) used Wells Fargo Trust Department as their personal ATM to loo
The Agriculture Department program, which seizes excess raisins from producers in order to prop up market prices during bumper crop years, amounted to an unconstitutional government "taking." But they limited their verdict to raisins, lest
American taxpayers are on the hook for the Ivanpah solar project out in the California Mojave Desert close to the border of Nevada. The massive plant received $1.6 billion in loan guarantees from the Department of Energy to build it,
Congress is gearing up for another government shutdown, this time over a minor federal agency that most Americans have never heard of: the Export-Import Bank.
86,429,000. That is the number of Americans who in 2012 got up every morning and went to work — in the private sector — and did it week after week after week. These are the people who built America,
A Utah county, angry over the destruction of federal rangeland that ranchers use to graze cattle, has started a bid to round up federally protected wild horses it blames for the problem in the latest dustup over land management in the U.S. West.
The federal government pays for a $15 million 'wool trust fund,' runs a $170 million program to protect catfish growers from overseas competition, sets aside $3 million to promote Christmas trees, funds another $2 million to help farmers sell
On February 7, President Obama signed a farm bill that has an estimated cost of $954.6 billion. The President and other supporters claim the bill will reduce the deficit by $23 billion over the next ten years, though the National Taxpayers Union poin
The U.S. government sold its last shares of General Motors Co (GM.N) on Monday, leaving taxpayers saddled with a total shortfall of about $10 billion on the automaker's 2009 bailout.
It was also unwelcome news to farmers, who noted that the decision came at a time when a record corn crop is expected, and the price of a bushel has fallen almost to the cost of production.
A state board on Wednesday unanimously gave the go-ahead for a new Red Wings hockey arena in downtown Detroit to be paid for in part with $284 million in tax dollars even as the broke city works through bankruptcy proceedings.
The legislation would cost roughly $955 billion over 10 years and includes significant cuts in direct subsidies to farmers — some of whom receive aid even if they don’t farm — and $4 billion cut in the $80 billion federal food stamp program
Government subsidies of gasoline, electricity and other energy sources amount to about $1.9 trillion a year and should be ended or offset with taxes used to battle climate change and pay for social programs, the International Monetary Fund said
So why would farmers plow up such risky land? Simple: Federal policy has made it a high-reward, tiny-risk proposition. Prices for corn and soy doubled in real terms, driven up by federal corn-ethanol mandates and relentless Wall Street speculation.
A federal judge has overturned an Arizona law that sought to block funding through the state for Planned Parenthood's healthcare clinics because the group also performs abortions.
It took up just 3 lines in the appropriations bill. But it is a legend, a wonk’s campfire story. The government spending that nobody could kill. “For payment to the Christopher Columbus Fellowship Foundation . . . $450,000, to remain avai
The worst drought in 50 years could leave taxpayers with a record bill of nearly $16 billion in crop insurance costs because of poor yields.
And the American genocide continues, with 333,964 murders in 2011. That’s the figure proudly released by Planned Parenthood Federation of America in their report delineating how many abortions they performed in fiscal 2011.
Forget the fiscal crisis and the automatic budget cuts. Come Jan. 1, there is a threat that milk prices could rise to $6 to $8 a gallon if Congress does not pass a new farm bill that amends farm policy dating back to the Truman presidency.
With stricken budgets, many states have been cutting prison populations. But vested interests are resisting prison closures.
“Paradox” is what the New York Times called France’s ability to attract €42.5 billion in foreign investment through October this year.
The debate over using crops for fuel burst back onto the political stage on Monday as U.S. ranchers and poultry producers sought "a little help" from the government by waiving its ethanol mandate in the face of a dire drought.