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A new "emergency" law backed by right-wing think tanks is turning Michigan cities over to powerful managers who can sell off city hall, break union contracts, privatize services—and even fire elected officials.
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DRIVING THROUGH JANESVILLE, WISCONSIN, IN A DOWNPOUR, looking past the wipers and through windows fogged up with cigarette smoke, Main Street appears to be melting away.
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The BEA announced today that GDP in the fourth quarter of 2011 went up 3.0%, not 2.8%. That's good news, but nothing super special. It's a pretty small correction, really.
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The picturesque marina on the San Joaquin Delta, the gleaming waterfront sports arena, and the handsome high-rise meant to house city hall are now bitter reminders of how bad things are as this city of 300,000 moved closer to becoming the largest to
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The End of Money, a new book from Wired contributing editor David Wolman, is ostensibly about the twilight of cash and its replacement with a panoply of more efficient means of exchange.
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Fed Chairman Ben Bernanke had an interesting morning over on Capitol Hill, facing the ire of Ron Paul and receiving Democratic praise from Barney Frank.
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In line with much of Hofmeister's worries about unstable geopolitics, GasBuddy analyst Gregg Laskoski tells CultureMap that the current strife in the Middle East could push gasoline prices considerably higher than $5 a gallon.
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Bernanke said the job market is still "far from normal" and may require the Fed to launch more stimulus measures, in his semi-annual monetary policy report to Congress.
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Gulf station on Northern Boulevard in Great Neck really does say a gallon of regular will cost $4.99.9. Unless you have a spare 1/10th of a penny lying around, for all intents and purposes, that’s a $5 gallon of gasoline — $5.09 if you use a credit c
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While President Obama may not be Wall Street's ideal candidate, stock prices are rising on growing expectations he will be re-elected this November.
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Behind the mainstream Wall Street happy talk about more stable financial markets and an improving economy are grim warnings of tough times ahead from a small cadre of doomsayers who warn that the worst of the financial crisis is still to come.
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The Occupy movement may be able to forge a powerful alliance with millions of working men and women around a national call to raise the minimum wage to $10 an hour.
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Would you rather live in the America of 1950 or the America of 2012?
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How is the U.S. economy doing in 2012? Unfortunately, it is not doing nearly as well as the mainstream media would have you believe.
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A new federal rule aimed at limiting the freewheeling trading of banks is prompting protests from local and foreign governments alike
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Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.
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When New York State officials agreed to allow local governments to use an unusual borrowing plan to put off a portion of their pension obligations, fiscal watchdogs scoffed at the arrangement, calling it irresponsible and unwise.
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First high gas prices, now water. A shocking new report about the nation's crumbling drinking water system says that Americans should expect their bills to double or triple to cover repairs just to keep their faucets pouring.
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More American households are falling back into the debt hole, this time without the safety net of home values to help bail them out, the New York Post reported Sunday.
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Behind the mainstream Wall Street happy talk about more stable financial markets and an improving economy are grim warnings of tough times ahead from a small cadre of doomsayers who warn that the worst of the financial crisis is still to come.
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Seventeen states have now introduced bills for state-owned banks, and others are in the works.
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US stocks sank Monday as traders worried about the high price of oil and after the Group of 20 major economies snubbed Europe’s call for more aid to fight the eurozone debt crisis.
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TransCanada Corp announced Monday it would go ahead with construction of part of its Keystone XL oil pipeline that does not require US presidential approval, a stretch from the state of Oklahoma to the US Gulf Coast.
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Global research company J.D. Power & Associates found that almost 10 percent of bank customers switched to another financial outlet in 2011, thanks in large part to increased fees.
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The burgeoning private space industry continues to grow and based on hiring needs. Three of the leaders representing both commercial orbital and sub-orbital missions have busy human resource departments trying fill dozens of openings.
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Congresswoman Barbara Lee, co-chair of the Congressional Out of Poverty Caucus, voted against the recent extension of unemployment benefits because it shortened the maximum number of weeks a jobless worker could qualify.
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On July 21, 2011, the Financial Crimes Enforcement Network (FinCEN) published in the Federal Register a final rule on definitions and other regulations relating to money services businesses (Final Rule).1
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Wall Street stocks rose on Thursday after data showed the U.S. labor market remained on the mend,
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Bailed-out insurer American International Group reported a $19.8 billion profit for the fourth quarter
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Facing a financial crisis, the United States Postal Service announced that 223 processing facilities have been "found feasible for consolidation, all or in part."
