Business
Stocks fall on concern about US credit rating...
NEW YORK (AP) - Concerns about China's economy and a warning about the U.S. credit rating sent stocks modestly lower. ...
Left likely to be let down by Dodd bill
3.14.10 - Senate Banking Chairman Chris Dodd will unveil a revised financial reform bill Monday that seeks to find a middle ground between the skeptical Republicans he left at the negotiating table last week and the unhappy left wing of the Democratic caucus. ...
The Star Players in the ShoreBank Storyby Central Illinois 9/12 Project
3.13.10 - The Shorebank story is quite complicated and filled with literally hundreds – if not thousands — of individuals who have been in some way involved in the unfolding of an intriguing saga. It has been difficult to narrow down the field of characters ...
The End of an Era in Finance
CAMBRIDGE - In the world of economics and finance, revolutions occur rarely and are often detected only in hindsight. But what happened on February 19 can safely be called the end of an era in global finance. On that day, the International Monetary F... ...
UBS says IRS has 20 Swiss banks in its sights
GENEVA — UBS AG says the U.S. Internal Revenue Service has collected information on the cross-border activities of about 20 Swiss banks... ...
Unemployment rises in 30 states in January...
WASHINGTON (AP) - Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country....
Are unemployment benefits no longer temporary?
Millions of Americans have been forced to rely on unemployment payments for extended periods as the nation struggles through its longest period of high joblessness in a generation, and critics are taking aim, saying that the Depression-era program created as a temporary bridge for laid-off workers is turning into an expensive entitlement. ...Lack of bank accounts in Bronx spawns SafeStart program
Nearly 270,000 Bronx residents - 29% of the boro's population - don't have bank accounts, according to a study that also found many of them distrust banks....
Polk Public Employees Outearn Private Sector
3.7.10 - A review of The Ledger's database and federal labor statistics shows that, in general, Polk's public workers are outearning their private counterparts....
On the Credit Problem... Do we even have a prayer?
3.6.10 - Peter Stern - On your monthly credit card statement, credit card companies via Congress made it easier to see how much we owe on our credit cards and it now it is easier to see that we will not be able to pay off our balance within our lifetime, at the minimum payment because we will NEVER...
Meet the fat cats' defender: Josef Ackermann
The chairman of Deutsche Bank wants politicians to "stop the bank bashing." ...
Dallas Fed President Urges New Pact To Break Up Big Banks
We've cited Thomas Hoenig, president of the Kansas City Fed, a number of times on this blog for his calls to be tougher on rescued banks and to break up banks that are too big to fail. This has been a bit unfair to Richard Fisher, president of the Dallas Fed, who has been equally outspoken on the TBTF issue (although we do cite him a couple of times in our book)....
AMERICAN PARASITES
Payday Lending Industry Profits From Recession, Spends Record Cash Lobbying Against Reform ...
Economists Warn Another Financial Crisis On the Way...
Even as many Americans still struggle to recover from the country's worst economic downturn since the Great Depression, another crisis – one that will be even worse than the current one – is looming, according to a new report from a group of leading economists, financiers, and former federal regulators. ...
FORD sales jump; outsells GM...
DETROIT (AP) - Ford Motor Co. outsold General Motors Co. in February for the first time in more than a decade....
GM sales up as industry wobbles
DETROIT (Reuters) - General Motors Co on Tuesday posted a nearly 12 percent gain in U.S. February sales, boosted by a doubling in sales to fleet operators and relatively strong demand for newer crossovers like the Chevy Equinox....
NYTimes shares jump on takeover rumors
Shares of New York Times Co. jumped on Monday on market rumors that Mexican billionaire Carlos Slim will seek to acquire the company. The company's shares rose 7.4 percent to close at $11.75 after being up as high as 10 percent earlier in the day.... ...
German Minister Warns Against the Power of Internet Giants
German Consumer Protection Minister Ilse Aigner has launched an attack on the Internet economy, warning that the likes of Google, Microsoft and Apple store vast amounts of personal information on Web users that can be used for financial gain, and can hurt people's chances of getting jobs or bank loans ...
OBAMA ADVISER WARNS WINTER TO 'DISTORT' UNEMPLOYMENT FIGURES
WASHINGTON, March 1 (Reuters) - White House economic adviser Larry Summers said on Monday winter blizzards were likely to distort U.S. February jobless figures, which are due to be released on Friday....- Lessons learned from Greece for Michigan
- Are we into hard times?
- Ask the Chamber of Commerce: Why Is Too Much Not Enough?
- The self-created myth of the need for bonuses in the financial sector
- Mike Flynn: The Little Fed Report that Could…and Did Create a Housing Bubble
- Beyond Sovereignty: Money and its Future
- Big Think in the Boardroom
- Inflation Ponzi Scheme
- The ‘Black Farmer’ Shakedown: Round Two
- Big Business Is, Simply, Vampiric
An Interview with Diane Ravitch: Reforms and Reforms Everywhere; And No Improvement Forthcoming
Latest comments
Darleen
on
2010-03-16 16:31:51
I agree an early warning system is crucial to preventing the problem before it happens. It much tougher to get a student reengaged after once ...
everyonesfacts
on
2010-03-16 15:47:01
This reads as if it was from the Onion.
Is this a serious column or a joke?
As to the TX SBOE, is there a major historian ...
Doug Little
on
2010-03-16 15:39:54
America has a dropout crisis. Standardized tests increase the dropout rate, (see the research from University of Texas at Austin and Univerity of Michigan). It ...
Concerned Teacher
on
2010-03-16 14:26:20
Too bad hardly anyone is listening to the "choir." Thanks, David, well written.
Spanish to English translation
on
2010-03-16 12:14:48
I frequently find myself having to translate things from Spanish to English. This can be quite time consuming for me since although I speak some ...
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Featured author
Delia Stafford
Ms. Stafford-Johnson is the President & CEO of The Haberman Educational Foundation, Inc. In Houston (TX).
Ms. Stafford-Johnson is the President & CEO of The Haberman Educational Foundation, Inc. In Houston (TX).
