In this week's cover story, TIME's David Von Drehle interviews Mayor Rahm Emanuel about the enduring problems facing Chicago – school reform, gun violence, unemployment and budget shortfalls.
Government dependence in the United States has reached a level never seen before. Fifty years ago, the federal government handed out about 10 cents for every dollar that American workers earned. Now, the federal government hands out about 35 cents fo
Who writes the laws? The lobbyists.This isn’t completely true, but it is true to a very large extent as this article explains. The thicker the law, the more opaque the legislation, the more opportunities there are to make money. There’s a reason O
Just when you think Congress can't get any dumber, it crafts a $1tn farm bill that harms the poor and promotes unhealthy food
While the world's economies jockey one another for the lead in the currency devaluation derby, it's worth considering the value of the prize they are seeking.
The city of Detroit may be facing a deepening financial crisis but that hasn't stopped four trustees of its public pension funds from spending $22,000 of retirement system funds to attend a conference in Hawaii this week.
The tornado that hit Moore, Okla., on Monday (May 23) killed an estimated two dozen people and caused devastating property damage.
This morning, when New York markets opened at 9:30 AM, shares of American Electric Power and Nextera Energy, two big electric utilities, briefly plunged 54% and 62% respectively.
U.S. Treasury yields bottomed out in July 2012 after three decades of a steady grind lower.
Walter Russell Mead outlines two possible futures for middle-class Americans:
One of the hottest trades in the world this year has been Japan.
If MTV really wants to show young people coming to grips with the "Real World" after college, how about slapping them with $35,000 worth of debt and shoving them out into the job market?
We are visiting our children in the US before heading to Europe for the summer.
For those of you who are short of time and are accustomed to scrolling down to the bottom of an article to read its conclusions I’m going to save you the trouble by putting the conclusions at the start:
We have this billion trillion market under control. Don't worry.
What Warren Buffett once called "financial weapons of mass destruction" are firing again, with securitization and shadow banking at post-financial crisis highs.
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
Mr. Rawles: In every decent sized town I've lived in there has been at least one "discount" grocery store.
Doug Casey has appeared on hundreds of radio and TV shows and has been the subject of articles in People, US, Time, Forbes, The Washington Post and numerous other publications.
Gold prices are up modestly today, but continue to be near their lows of the year.
hey also betray a frightening naivete regarding corporate governance. The theory is that higher capital requirements, for example, will lower banks’ profits, which will upset shareholders, who will eventually force the board of directors to eventuall
The middle class American worker is in danger of becoming an endangered species. The politicians are not telling you the truth, and the mainstream media is certainly not telling you the truth, but the reality is that there is nothing but bad news on
Unless Gen Xers and late baby boomers are able to make big changes in their savings, spending and debt habits, they are on track to become the nation's first generations to fare more poorly than earlier groups of retirees, according to a new study fr
As the cost of education continues to rise, people are questioning the value of a degree.
The financial news is getting boring. The Dow goes only one way – up. But gold fell below $1,400 per ounce yesterday.
Well known author, and former talk show host Charles Goyette was on the show last night. Charles' special talent to explain economics with clarity and passion to people. He is a real champ for freedom.
The U.S. economy showed worrisome signs as jobless claims rose sharply last week while ground-breaking at home construction sites tumbled in April and a gauge of underlying inflation pointed to weak demand.
As the "Great Ammunition Shortage" continues, police departments across the country are struggling to supply their arsenals. One police chief turned to the community for help, and citizens stepped up.
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver.