If there’s one thing this cantankerous nation can seem to agree on these days, it’s our hatred of too-big-to-fail banks and their well-compensated, if less-than-fearless, leaders. Likewise, the American media is rarely …
Warren Buffett revealed to Berkshire Hathaway shareholders in a letter yesterday that he has been diagnosed with stage 1 prostate cancer. Buffett assured shareholders that the condition was not “life threatening or even …
Since the financial crisis, American taxpayers have collectively made all sorts of investments that would have been unthinkable ten years ago. We bought stakes in the auto and insurance industries and, perhaps most significantly, …
Ed DeMarco, acting head of the Federal Housing Finance Agency (FHFA), doesn’t have the look of a comic-book super-villain, but if you listen to some of the barbs his critics hurl at him, DeMarco is more dastardly than The Joker …
Market observers are worrying about a new obstacle in the path of economic recovery: America’s impending “fiscal cliff.” Economists from Fed Chairman Ben Bernanke to Alan Blinder have been warning of the $600 billion that …
Tomorrow the Labor Department will release its monthly Employment Situation Report, which estimates the number of jobs the U.S. economy added in March as well as the new official unemployment rate.
According to Bloomberg News, economists predict that the report will show the economy gained 205,000 jobs in March, roughly in line with a …
If you spend any time reading about economics on the internet, you’re aware of the many virtual pamphleteers who loudly portend the impending downfall of the American government and global financial system in general. It’s …
The private sector added 209,000 jobs in March, according to an analysis from the payroll services firm ADP. The report also noted that the economy added 23,000 more jobs in the first two months of 2012 than ADP had previously …
Americans are infatuated with the superlative. We are constitutionally drawn to the best, the biggest, the most. But few of us rejoiced at the news that as of April 1st, the United States had assumed the title of having the …
The U.S. economy has finally started to see some steady, robust job growth — adding more than 220,000 jobs each of the past three months. This is surely good news for the country, but we all know that America is anything but a …
Wall Street has been plagued with stories of large investment banks bilking their clients with complicated products. Former Goldman executive Greg Smith just inked a million dollar book deal to spill his guts about the chicanery …
