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Wells Fargo Executives Forfeit Millions, CEO to Forgo Salary Amid Investigation
Business  (tags: CEO John Stumpf, Wells Fargo, Banking, Banking reform, US economy )

- 1022 days ago -
Announcement comes three weeks after Wells Fargo agreed to pay $185m in penalties after an audit found the bank used aggressive, illegal sales tactics
Top 1 Percent Own More Than Half of Worlds Wealth
Business  (tags: USA, wealth inequality, US economy, super rich, economic cancer )

- 1367 days ago -
Far from demonstrating the health of the US economy, this disproportionate growth of the super-rich resembles the spread of a cancer that is rapidly metastasizing, with fatal consequences for the entire social organism.
Germany Bashing With Bad Economics and Wrong Facts
Business  (tags: Germany, EU, Merkel, austerity measures, economy, PIIGS, US Economy, treasury )

- 2024 days ago -
If this were a football game, the referee should call unnecessary roughness for piling on Germany. The American Left led by Paul Krugman (The Harm Germany Does and Those Depressing Germans) excoriates Germany for forcing austerity on the rest of Europe.
World Bank Warns Unemployment Threatens US Economy
Business  (tags: US economy, World Bank, Unemployment, Business )

- 3534 days ago -
Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday.
Latest US Economy Report: "Weak, Soft, Subdued"
Business  (tags: US economy, job market, business, shopping, spending, economic forecast, Federal Reserve )

- 3969 days ago -
In the latest "beige report" issued by the Federal Reserve, businesses report that rising prices and and a greatly diminished job market are affecting orders, sales and the shopping habits of US consumers. Read all about it.
Seventh Streight Month of Job US Losses -Will It Ever End?
Business  (tags: US unemployment, employment, unemployment, job loss, US economy, economy )

- 4002 days ago -
The only two sectors in the employment market that gained were health acre and - SURPRISE- the government. The unemployment rate is now 5.7% and climbing.
The American Economy: Straight Answers to Hard Questions
Business  (tags: economy, US economy, economic outlook, current economy, recession, trade, housing market )

- 4015 days ago -
A pretty thorough round-up of most of the questions on our minds about the current and future US economic situation.
The Meltdown at GM
Business  (tags: GM, empoyment, cars, trucks, jobs, worforce reduction, US economy, oil prices, production )

- 4019 days ago -
America's biggest automaker is slashing and burning jobs, benefits, dividends and plant closings.Another sign of our times.
Does Labor Need More Clout? The Economic Problem & Union-Busting at 14-Hospital Chain Owned/Run By Nuns of St. Joseph of Orange
Business  (tags: US, California, union-busting, nuns, St Joseph's Health System, SJHS, Robert B. Reich, author, professor of public policy, UC Berkeley, former US Secretary of Labor, US economy, lower 'n middle-income workers, lack buying power )

- 4152 days ago -
50 yrs ago, most employers obeyed the law & allowed workers to organize. Today, even employers who should know better are fighting unions. Huge company St.Joseph'sHealthSystem's refused to negotiate with (21,000) employees since 2004. Struggle goes on...
US Deficit Has Doubled Since Last Year
Business  (tags: US deficit, US economy )

- 4173 days ago -
Se y'all in the poorhouse! We're on the skids to Third World country status.
Dollar Sets a New Record Low
Business  (tags: us economy, dollar, euro, finance, markets, money )

- 4256 days ago -
The dollar sank to a new low against the euro Wednesday on pessimism about the American economy and speculation Washington will soon cut interest rates again.
Dollar Slipping Towards Record Lows
Business  (tags: us economy, money, market )

- 4290 days ago -
The dollar slipped towards record lows against a basket of currencies on Thursday, after another bleak reading of the U.S. housing market increased speculation the Federal Reserve will cut interest rates again.

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