Politics

Politics Articles

ThinkstockThe banking crisis in Cyprus has dragged on for a week now, with threat projections ranging all the way from “dire” to “who cares.” It seems reasonable to assume that whatever...
A plan to tax savings accounts, rejected by the Cypriot parliament, is again part of last-ditch discussions of how to secure an aid package from the European Union, International Monetary Fund and...
ThinkstockNorth Korean television this morning broadcast another thinly veiled threat against the United States. In a translation provided by the U.K.’s Guardian newspaper, North Korea said: The...
ThinkstockWorries have heightened again about unfriendly governments. The U.S. government has accused China of hacking American companies, and potentially parts of the federal government, as a mean...
ThinkstockThe debate over what will happen to Cyprus quickened as a rescue by the European Union, European Central Bank and International Monetary Fund appeared to fall apart after the small...
ThinkstockStandard & Poor’s Ratings Services today revised upward its outlook on the city of Detroit’s general obligation bonds, from ‘negative’ to ‘stable. The ratings upgrade affects...
ThinkstockThe U.S. Commodities Futures Trading Commission (CFTC) is examining the manner in which physical gold prices are fixed, with an eye toward whether or not the fixing is transparent. The...
Jon OggThe U.S. budget deficit is a narrower $493.95 billion for the first 5 months of the year versus $580.82 billion for the same 5-month period a year ago. The news sequestration and the...
ThinkstockU.S. sugar growers and processors have long been criticized for taking a disproportionate share of government support for sugar beet and sugar cane crops. And it appears that another...
ThinkstockThe Treasury Department continues to dump massive numbers of shares in General Motors Co. (NYSE: GM), either because it wants to show it can get some taxpayer money back from its bailout of...
ThinkstockFrom unfair trade practices to charges of currency manipulation, the government of the People’s Republic has a long-time habit of ignoring U.S. warnings about its behavior....
ThinkstockUnemployment, fighting over the federal budget, a drop in GDP growth, and slowing of the progress of corporate earnings are the most often mentioned reasons that the stock market could fall...
ThinkstockUsually when you see Securities and Exchange Commission charges it is against individuals or firms bilking individuals. That is why today’s round of SEC charges looks more than just...
thinkstockThis weekend, something new surfaced in the battle of the federal budget. President Obama suggested something that until recently was unthinkable. Cuts in entitlements, which includes...
ThinkstockGovernor Rick Snyder of Michigan said today that he will in fact appoint an emergency financial manager for the city of Detroit. He said he has a candidate in mind but did not name that...