Politics
Politics Articles
House Appropriations Chairman Hal Rogers disclosed a partial list of 70 spending cuts that will be included in an upcoming Continuing Resolution bill. The CR legislation will fund the federal...
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Allied Irish Banks plc (NYSE: AIB) and The Bank of Ireland (NYSE: IRE) are both suffering today. News is out that Ireland’s Finance Minister has postponed making more capital injections into...
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In a major reversal from a policy promoted in the early 1990s, the US Defense Department is now warning defense contractors to beware of mergers and acquisitions in the defense industry. The Pentagon...
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American International Group, Inc. (NYSE: AIG) has run into a snag on its giant secondary offering. The troubled insurance giant that nearly took down the financial system before being bailed out...
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President Obama spoke to the Chamber of Commerce yesterday. What he said can be condensed easily. He will do what he can to cut unnecessary regulations and improve the corporate tax code. He...
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There are several states in the U.S. that are losing the eduction race to most of the others. In the past decade, these states have declining math and reading scores, lower numbers of people with...
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President Obama said in his weekly address that American businesses should increase their hiring and spending but did not say that the government would do anything meaningful to either stimulate the...
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The fight over the increase in the US debt ceiling is on hold for awhile. The Treasury Department said tax receipts were higher than expected so the ceiling may not be reached before the end of...
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Apache Corporation (NYSE: APA) is feeling a pinch from the riots in Egypt. The company is a very large independent oil and natural-gas producer and it has very large exposure to Egypt. The...
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There was more bad news about the view credit rating agencies have on the debt of large developed nations. Moody’s released a new Special Comment entitled “Evolution of Moody’s Perspective on...
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The 2009 National Assessment of Educational Progress report on the ability of students to understand science at three grade levels had depressing results. The data was based on a sample of the...
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If the situation around rare earth elements and rare earth oxides has not created a bubble, it is hard to at least not call it overly frothy. China’s curb of ‘rare earth’ exports was all the...
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President Barack Obama used the opinion page of The Wall Street Journal to address many of the economic needs of the United States and to provide some of his solutions. Obama has tried to build a...
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The bond market in Treasuries may be somewhat steady to firm this Thursday, but that is not the case for municipal bond funds and for the exchange-traded products behind them. The persistent call...
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The Congressional Oversight Panel is skeptical that the Treasury Department will ever recoup its investment in GM. The new report from the panels says: GM is furthest along in the process of repaying...
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