With the first presidential debate behind us, and the election just a month away, we have come upon that magical time of the …
2012 election
Bain Capital, Private Equity Firms Accused of Price Fixing in Lawsuit
Mitt Romney’s presidential run has had the ancillary effect of increasing scrutiny of the private equity industry. After all, Romney founded the private equity outfit Bain Capital, and has built his case for the presidency in …
Payroll Day Blues: Economy Adds Just 96,000 Jobs in August
The Democratic party spent all week (and millions of dollars) trying to convince voters to return President Obama to office in November. But perhaps the most important set piece — the August employment situation report — was …
Amid Public Backlash, Bankers Maintain Influence in Washington
Wall Street isn’t the most popular industry in America right now. A poll conducted last fall by the Washington Post and ABC News found that 70% of the country viewed financial institutions on Wall Street unfavorably — and that …
8 Ways Washington Could Really Help Small Business
Politicians of both parties claim to support small business–but if that’s so, here’s what they should really do.
As the Fiscal Cliff Nears, Will Anyone Swerve?
U.S. Economy Adds Just 80,000 Jobs in June
The Labor Department released its monthly Employment Situation Report this morning, announcing that the economy added 80,000 new jobs in June – slightly less than what economists were predicting, and far too small a number to …
As Economic Concerns Mount, President Obama Says, ‘The Private Sector Is Doing Fine’
President Obama attempted Friday to improve his chops as an international leader working hard to protect American workers and save Europe from its own political dysfunction. But his morning appearance in the White House briefing room is likely to be remembered, instead, for a single sound bite he surely wishes he could take back: “The …
What You Need to Know About April’s Jobs Numbers
Any way you cut it, the Labor Department’s announcement that the U.S. economy added just 115,000 jobs in April is a disappointment. Economists had been expecting 160,000 new jobs, and even that number is far below the kind of …
Goldman Sachs: Best Way to Survive the ‘Fiscal Cliff’ Is Sending Obama, Republicans Back to Washington
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 …
Curious CapitalistEconomy
Will High Gas Prices Hurt Obama?
Fears over conflict in the Middle East are pushing gasoline towards the $4 per gallon mark. What will that mean for the presidential elections?