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The number of Americans not in the labor force grew by 169,000 in January, according to the Bureau of Labor Statistics’ latest jobs report. There were 89 million of them last month.
The ever-increasing many who are struggling cannot support a structure that favours a tiny number of the very rich
Bloomberg has reported that the US Consumer Financial Protection Bureau is considering taking a role in managing the $19.4 Trillion in American’s retirement US Consumer Financial Protection Bureau. Yes, you read that correctly, the government agency
The American economy loses $250 billion as a result of counterfeit products each year, according to a recent report. Despite the impact, only a fraction can be detected and confiscated by the government.
Higher crude oil prices and a fire that closed a refinery in Ohio are leading to gasoline price spikes in the U.S. Midwest, market analysts say.
You better get ready, because there are a whole host of signs that economic trouble is on the horizon. U.S. economic growth slipped into negative territory during the fourth quarter of 2012.
When will historians of the future date the beginning of the decline and fall of the American empire?
In December it will be 100 years since Congress authorized the creation of the Federal Reserve System.
Entering the United States, you must complete Customs Form 6059B, which explicitly asks if you are carrying more than $10,000 in cash or monetary instruments. Leaving the United States, I’ve only seen one or two warnings red-flagging this requirement
The Washington Post Co. executives are considering relocating the company from its 63-year-old headquarters in downtown Washington, exploring the sale of the building that saw the Post evolve into one of the country’s top newspapers.
Migrants working in the United States sent a staggering $120 billion back to their families last year, it was revealed today.
economy
Congress gave final approval Thursday to a plan to temporarily suspend the legal limit on the national debt, permitting the Treasury Department to keep borrowing and lifting the threat of a government default until August. The measure, approved by
People “are clueless with respect to the true state of the global economy,” with regard to inflation, fiat currencies, and specifically what will happen to the dollar. The conversation is wide-ranging and absolutely must-see as they remind market-wat
You probably haven’t heard much about it from the mainstream media, but the latest figures released by the privately-owned Federal Reserve (FED) indicate that America’s largest banks saw record cash withdrawals during the first full week of January 2
Every week the The Energy Information Administration (EIA) Natural Gas report comes out, telling traders how much natural gas is being stored in the U.S.
Apple Inc's shareholders have been hit by one of the bloodiest weeks in the history of the stock, but wider fallout from such weakness might be more important to the long-term value of their investments.
You probably haven't heard much about it from the mainstream media, but the latest figures released by the privately-owned Federal Reserve (FED) indicate that America's largest banks saw record cash withdrawals during the first full week of January .
“These are the businesses that get hurt the most by our tax code and regulations. They fall into a hole where they are too large to effectively manage their own taxes and payroll, and too small to have a full-time staff enabling them to stay in compl
The federal government helped bring the economic recovery to a virtual halt late last year as cuts in military spending and other factors overwhelmed the Federal Reserve’s expanded campaign to stimulate growth.
If you have to tell people not to panic, you've already lost half the battle. According to the feds, the US GDP shrank 0.1% (annualized) in Q4. These are preliminary figures, of course, and recent revisions have been mostly down.
Congress does not get its financial house in order by the new deadline in mid-May 2013, John Williams of Shadowstats.com contends, "It will be the end of the road . . . . They are not going to have another opportunity . . . they are pushing the limit
As workers open their W-2 forms this month, many will see a new box with information on the total cost of employer-sponsored health insurance coverage. To some, it will be a surprise, perhaps even a shock.
Morgan Stanley bank analyst Huw Van Steenis attended the World Economic Forum in Davos last week, and there was one concern he said kept coming up over and over in meetings with investors.
A warning came Saturday morning from state treasurer Dan Rutherford (R) IL State Treasurer. The Standard and Poor’s downgrade from A to A-minus puts Illinois last on the list– and means a higher cost to borrow money.
Paying by credit card could get more expensive. Under the terms of a $7.2 billion settlement between credit card companies and merchants, merchants will be free to impose a surcharge on customers paying by credit card.
Kyle Bass, who knows a thing or two about economics and finance, recently spoke to a senior member of the Obama administration about their planned solutions for fixing the U.S. economy and trade deficit. The answer shouldn’t surprise
Working at a corporate law firm can be insane and soul-crushing and depressing.
There has been an burst of exuberance as of late as the market, after four arduous years, got back to its pre-crisis levels.
Today is the last day that Tim Geithner will be Treasury Secretary.
