Category: Economy

The  Tax Justice Campaign Falls Flat On Its Face. You’d Need A Heart Of Stone Not To Laugh

The Tax Justice Campaign Falls Flat On Its Face. You’d Need A Heart Of Stone Not To Laugh

I’m sorry but I just couldn’t help but burst out laughing when I saw this story this morning. So is one of the more po-faced and puritan campaigns of recent times forced to face...

U.S. Economy Adds 195K jobs, Jobless Rate 7.6%

U.S. Economy Adds 195K jobs, Jobless Rate 7.6%

U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth raises hopes for a stronger economy in the second half of 2013....

U.S. Unemployment Benefit Applications Fall to 343K

U.S. Unemployment Benefit Applications Fall to 343K

The number of Americans applying for unemployment benefits fell 5,000 to a  seasonally adjusted 343,000 last week, a sign that employers are adding jobs at  modest pace. The less volatile four-week average dipped 750...

July 4 Fireworks Spending Explodes Thanks to Wetter Weather Around U.S.

July 4 Fireworks Spending Explodes Thanks to Wetter Weather Around U.S.

Want a sign the economy is heading in a better direction this summer? Americans says they’ll spend 60% more than last year on travel, BBQs and fireworks this July 4. According to Visa’s annual...

SF Bay Area Braces for First Day of Transit Strike

SF Bay Area Braces for First Day of Transit Strike

Commuters braced for traffic snarls Monday morning as two of San Francisco Bay Area Rapid Transit’s largest unions went on strike, halting train service for the first time in 16 years. The walkout promised...

Atlantic City’s Next Big Bet: Legalized Online Gambling

Atlantic City’s Next Big Bet: Legalized Online Gambling

Business has been on the decline in Atlantic City casinos for six years and running. To stop the bleeding, casinos are betting big on online gaming—an option that, of course, gives gamblers an easy...

Bond Markets to the Fed: We Don’t Believe You!

Bond Markets to the Fed: We Don’t Believe You!

The stock market may steal the headlines, but in many ways its the bond market — be it mortgage-backed securities, government bonds, or corporate debt — that is the real star of the economic...

How the DOMA Ruling Will Affect Gay Couples’ Finances

How the DOMA Ruling Will Affect Gay Couples’ Finances

Yesterday’s historic Supreme Court rulings will have a ripple effect on the lives and futures of gay couples, especially when it comes to their personal finances. The Court’s decision on the Defense of Marriage...

U.S. Unemployment Benefit Applications Fall to 346K

U.S. Unemployment Benefit Applications Fall to 346K

The number of Americans seeking unemployment benefits fell 9,000 to a seasonally adjusted 346,000 last week, evidence that the job market is still improving modestly, despite signs of slower growth. The Labor Department says...

Why Temp Agencies Are Learning to Love the Affordable Care Act

Why Temp Agencies Are Learning to Love the Affordable Care Act

Whatever your opinion of Obamacare, there’s no denying that its full implementation next year presents a major challenge for many businesses across the country. Starting in 2014, firms of more than 50 employees will be required...