Economy

DOL Axes Rules to Regulate Child Farm Labor

Farmers are celebrating the defeat of a proposed federal law that would have barred children from operating power equipment on private land, which...

Brian Koenig July 11, 2012

Monsanto Promises Pain to EU, Assault Underway

John Larabell July 11, 2012

Biotech companies such as Monsanto, with help from the U.S. government, are starting to overcome the EU's resistance to Genetically Modified crops. However,...

Economy Tipping Over Into Recession, Again

Bob Adelmann July 4, 2012

When shipping and supply managers were quizzed about their current outlooks by two separate reporting agencies, their answers were the same: Orders are...

Harvard Senior Fellow: Peak Oil Is History

Bob Adelmann July 3, 2012

International energy economist Leonardo Maugeri says that technology and new discoveries will increase crude oil production in the United States by 50 percent...

JP Morgan Trading Loss Balloons to $9 Billion

Bob Adelmann June 28, 2012

When the New York Times reported that the losses resulting from the failed trade made by JP Morgan Chase (JPM) earlier this year...

More Banks — 11 in Brazil — Face Credit Downgrades

Bruce Walker June 28, 2012

Moody’s downgraded the credit ratings of 11 Brazilian banks on June 27. Some banks had reductions of a single level, but some went down three levels. This...

For Billionaires Only: Uncle Sam’s Real Estate Fire Sale

William F. Jasper June 14, 2012

“The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive...

Is General Motors Now China Motors?

Bob Adelmann June 5, 2012

General Motors' CEO Dan Akerson supports increasingly closer ties with the Chinese tyrants, explaining that it's good for business. "By Bob Adelmann" ...

China Buys Hollywood Influence with Takeover of Top U.S. Cinema Chain

Alex Newman May 29, 2012

A massive China-based conglomerate headed by a member of the nation’s ruling Communist Party announced last week the largest ever corporate takeover of...

JOBS Act Is Starting to Work

Bob Adelmann May 28, 2012

ClearSign Combustion in Seattle, Washington, is one of the first small “early-stage” companies to raise public capital under the JOBS Act enacted in...

The Real Unemployment Rate

Bruce Walker May 28, 2012

The real unemployment rate is remarkably stable and it hovers around 41 percent. Demographically, about 80,000,000 Americans are minors and about 40,000,000 are...

Jamie Dimon, JP Morgan Chase & The Fed: Billions & Trillions for Insiders

William F. Jasper May 15, 2012

JPMorgan Chase CEO Jamie Dimon's admission to a $2 billion bank loss barely counts as scratch on the $16 Trillion loan and bailout...

Fed Approves First Communist Chinese Takeover of U.S. Bank

Alex Newman May 10, 2012

In a landmark step with global implications, the Federal Reserve — despite national security concerns — approved the first communist Chinese takeover of...