Politics
Politics Articles
courtesy U.S. Federal ReserveFed Chairman Ben Bernanke appeared this afternoon at an event at the University of Michigan’s Ford School of Public Policy that was billed as a “conversation.” He...
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ThinkstockThe U.S. federal budget nearly broke even last month. Compared with deficits of $120 billion in October and $172 billion in November, December’s $260 million is very low. For the 2013...
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ThinkstockFor its latest report on global risk, the World Economic Forum surveyed more than 1,000 experts and industry leaders, who concluded that the outlook for the next 10 years is not...
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thinkstockThe Bipartisan Policy Center (BPC) put out a nifty little analysis of when the United States should reach its debt ceiling. Sometime between February 15 and March 1, America will have no...
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ThinkstockThe government of Iran has long held that the U.S. and European sanctions being imposed on the country have had little impact on the Iranian economy. But in a report to the country’s...
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ThinkstockAll the attention paid to avoiding the fiscal cliff may have obscured an even more important legislative failure. Congress did not act to raise the U.S. debt ceiling by the end of 2012,...
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Any tax legislation worth the name carries with it a host of hangers on that represent special gifts to special interests. The American Taxpayer Relief Act of 2012 is no different. Here is a rundown...
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ThinkstockIn a new year’s message, German Chancellor Angela Merkel has warned the country that its economic climate will be “more difficult” in 2013. Her warning seems to contradict that of the...
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Following the killing of 26 people, including 20 children, in Newtown, Conn., the renewed calls for control of semiautomatic weapons known as assault rifles, and large magazines for these weapons,...
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Frank Golhen, via Wikimedia CommonsOnly a few days remain for the U.S. markets to sell off because of fiscal cliff worries. There are actually just two. Volume will be light because so many traders...
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ThinkstockMario Monti, who recently resigned his post as the prime minister of Italy, may be back again. For proponents of the current austerity plans, his return would be good news. The balance of...
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ThinkstockNow that the House of Representatives and White House have bungled fiscal cliff negotiations, some experts believe that the Senate is the only body that can reach a compromise to set new...
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Gun and ammo sales have surged, so say several surveys. This is happening at the same time as politicians start to offer gun control legislation and many Americans press for assault rifles to be...
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Wikimedia CommonsGeneral Motors Co. (NYSE: GM) announced this morning that it will purchase 200 million shares of its stock currently held by the U.S. Treasury for a total of $5.5 billion, or $27.50...
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ThinkstockAmerican International Group Inc. (NYSE: AIG) will sell its stake in Asian life insurance company AIA Group Ltd. in a block sale that is expected to occur tomorrow. AIG turned down an offer...
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