Why Underwater Mortgages Don’t Kill Jobs

If you’re wondering why you can’t find a job, don’t blame your underwater mortgage.

That’s the finding of a new study by economists Colleen Donovan and Calvin Schnure, which attempts to get at the roots of our stubborn joblessness problem. There are a lot of economists speculating that homeowners who can’t afford to pay off their …

Will the U.S. Government Break Up Google?

The power of Google to determine what information we see, and when, is enormous. Apparently, the U.S. government is worried Google has abused that power.

The Federal Trade Commission is on the verge of opening a formal civil investigation to see if Google has stifled competition on the Web. The FTC has been unofficially watching …

Lawmakers Take Aim at Consumer Financial Protection Bureau

If you can’t beat ’em, starve ’em. It’s become a go-to tactic of the GOP-dominated House of Representatives, and it’s not just for Planned Parenthood anymore. Today, the House Appropriations Committee is expected to advance bank-friendly legislation created and approved by its financial services subcommittee that effectively hamstrings …

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