Politics
Politics Articles
The US Bureau of Labor Statistics (BLS) today released its data on state and regional unemployment for August. Compared with July 2012 data, unemployment rates rose in 26 states, with 12 states and...
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Bundesbank leader Jens Weidmann has been unhappy with the European Central Bank’s plan to buy sovereign debt in financially weak nations since the idea was first floated. Now, he has viciously...
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The price for U.S.-traded WTI crude is inching its way back to $100 a barrel today as traders respond to the civil unrest in North Africa and the Middle East following last week’s killing of four...
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One of the questions Gallup asks in its annual governance survey is whether people think that government is taking on tasks that are best left to individuals and businesses or it they think the...
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Moody’s said today that budget negotiations during the 2013 congressional legislative session likely will determine the direction of the U.S. government’s Aaa rating and negative outlook. In the...
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The United States has slipped down the rankings of the World Economic Forum’s “The Global Competitiveness Report 2012-2013” from fifth place last year to seventh. Political deadlock and...
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ECB President Mario Draghi has not backed away from his assertion that the bank can buy the short-term paper of Europe’s weakest nations. Some of his allies were worried that the resignation...
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The speculation has increased that the Federal Reserve might be owned by the Democrats or Republicans, or both if each can get a piece of policy making. The notion is flawed, as the Fed keeps its own...
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Speaking from the Federal Reserve conference in Jackson Hole, Wyoming, Fed Chairman Ben Bernanke said today that the U.S. central bank has acted decisively to mend the U.S. economy, and that it will...
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The chief of Germany’s powerful central bank may step down. German newspaper Bild reports that German Bundesbank President Jens Weidmann will resign. The reason given is his battle with ECB...
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Pew Research has released the results of a survey done last month on the differences between the rich and the rest of us. The survey results didn’t really break any new ground, but did throw some...
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French President Francois Hollande may have run out of leverage with his peers in the European Union, his political opposition and his own voters. Bloomberg reports: Hollande’s approval rating fell...
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The U.S. economy expanded “gradually” in July according to today’s release of the Federal Reserve’s Beige Book. The expansion included most regions of the country and sectors of the economy,...
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When China’s Cnooc Ltd. (NYSE: CEO) made its offer of $15.1 billion to acquire Canada-based Nexen Inc. (NYSE: NXY), the offer quickly brought to mind Cnooc’s failed 2005 $18.5 billion offer for...
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New research from MIT indicates that nearly half of Americans die with essentially no financial assets. About 46% of U.S. senior citizens hold less than $10,000 in assets at the time of their deaths...
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