Economics
Tax Hike Won't Save US from Fiscal Cliff
Obama's proposed taxes on the rich won't even pay for his own planned spending increases
NLRB Not Likely to Rule on Walmart Thanksgiving Squabble in Time
Company had accused organizers of illegal picketing
Hostess Liquidation Hearings Resume
Union that represents 5,000 of company's 18,000 workers again rejected concessions
Michigan Supreme Court Justice Charged with Defrauding Bank
Accused of hiding assets to justify a short sale to erase mortgage debt
Union to Picket Outside LAX Airport
Except the workers they're allegedly picketing on behalf of voluntarily voted to leave the union
No Deal on Greek Debt
12 hours of negotiations among the Eurozone's finance ministers led to nothing
Detroit Rejects Deal for $10 Million in State Money
Doesn't want an audit despite no path to solvency
Hostess Mediation Fails; Liquidation Efforts to Resume
Can't reach agreement with one union
SAC Capital Manager Arrested for Insider Trading
Founder of company also linked to scheme to profit off secret info about drug testing
Detroit Tables Vote on Law Firm to Overhaul Finances
The contract was one of the conditions to get $10 million from the state
New York AG Accuses Credit Suisse of Fraud
$11.2 billion connected to mortgage-backed securities
HP Admits to "Accounting Improprieties" at Software Unit
Will cost company an estimated $8.8 billion
Unemployment Down in Almost All States over 2011
More than half see less unemployment since September
Federal Government to Spend $1.5 Billion on Hawaii Rail Project Currently in Litigation
The feds don't ask why, they ask why not
The Increasingly Libertarian Milton Friedman
The most respectable libertarian got more radical with age.
Obama Trying to Encircle China With U.S. Trade Partners
Free trade ought to be an end in and of itself
Military Keynesians
When it comes to defense, Republicans think government spending boosts the economy.
Banks Pay Out $22B in Mortgage Relief
Borrowers were upset over foreclosures. Well, they always are, aren't they?
Czech Protesters Oppose Budget Cuts, Pension Reform
The magic pot of money in the basement should keep things chugging along, instead
Who Killed Hostess?
Unions, management and the market all had their swings at the former snack giant
Defending Romney's "Gift" Remarks
Romney's explanation of his election loss may be closer to the truth than a lot of people want to believe.
Government Involvement Still Weighs Down General Motors
GM shares trade at half the value needed for taxpayers to break even
Even the Cows Are Fleeing California
Thanks to burdensome regulations, they're not as happy as commercials would have you believe
Illinois Governor Launches Pension Reform Drive
Sets up website explaining how state employee pension debts are squeezing out other spending
Americans Not Optimistic Obama Can Reduce Deficit
Majority in Gallup poll doubt he can make a dent
Without You Meddling Libertarian Voters, Romney Could Have Lost By Only 2.7 Million Votes!
Over at National Review, Jim Geraghty takes to task those 1.22 million of us who voted for Libertarian Party presidential nominee Gary Johnson.
Twinkies Likely to Survive Hostess Sale
Snack brought in $68 million in revenue so far in 2012
US Trustee Wants to Manage Hostess Liquidation
Wants to convert case from Chapter 7 to Chapter 11
David Cameron Tells EU to Stop "Pickpocketing" Citizens
Not happy at its efforts to increase its own budget
North Carolina Owes Feds $2.4 Billion for Unemployment Funding
State legislators working out plan to pay funds back
Mythbusting: Federal Workers Are NOT Underpaid by 35 Percent
In my misspent youth, I took a job as an "economist" at the Federal Energy Regulatory Commission in Washington, D.C.