FCC to Investigate Wireless Industry
The Federal Communications Commission is launching an investigation of the nation’s wireless industry to root out any anti-competitive practices and to decide what...
Economy
Fed Official Admits 16% Unemployment
The real number of unemployed in the United States is far more than the...
Cash-for-clunkers Sputters to a Close
Like one of the old jalopies it is supposed to remove from the road,...
Stimulus Grants for Batteries and Green Cars
Last week, the Obama administration revealed the 48 recipients of $2.4 billion in federal...
More Unemployed, Yet Unemployment Rate Drops
Unemployment numbers ticked upward during July at a much slower pace than past months,...
Economy Shrinks Q2, Recession Worse Than Thought
Though data shows that the U.S. economy only shrank at a one-percent annual rate...
First-time Unemployment Claims Up
First-time unemployment claims continue to increase at a faster pace than expected. “The Labor...
Another Minimum Wage Hike: But Will It Help?
In another example of turning lemonade into lemons in economically troubled times, the federal...
CIT Patches Together Private Bailout After TARP Bailout
Capital lending firm-turned-bank holding company CIT has patched together another $3 billion private loan...
Bernanke Promises “Exit Strategy” From Inflation
Federal Reserve Chairman Ben Bernanke is on a public relations offensive to persuade Americans...
Media Raising Concerns Over Goldman Sachs’ Gov’t Influence
Even the mass media is starting to take notice of the longtime cozy relationship...
Obama Weighing Homeowner Bailout Proposal
“U.S. officials are weighing a plan to let borrowers who have fallen behind on...
Bailing Out Minority Broadcasters
If you understand the relative superiority of the free market, none of our government's...
Obama’s Car Czar Linked to Bribery Scandal
President Obama’s Auto Task Force Chairman Steven Rattner resigned suddenly earlier this week after...
BusinessWeek Could Sell for $1
With plunging advertising revenue across the industry, McGraw-Hill is reportedly putting BusinessWeek up for...
The New GM: Image vs. Reality
After a mere 40 days under bankruptcy protection, a “new GM” has emerged amid...
The New Public-Private (Mostly Public) GM
Weeks before it was supposed to happen, a bankruptcy judge has approved the restructuring...
Driving Us to Destruction
Item: Writing in the online Newsweek for June 2, Daniel Gross observed: “It’s been...
IRS Makes Americans International Pariahs
As the Internal Revenue Service continues its hunt for tax dodgers, Swiss banks are...
473,000 Jobs Lost in June
The ADP National Employment Report estimated that the national economy shed some 473,000 jobs...