Economics
Bank of Greece Announces Deficit Reduction
Claims to have made a eighty three percent decrease.
German Central Bank Still Wary of Bond Purchase Proposal
Despite skepticism from economists and colleagues Merkel remains open to the plan.
French Bankers Leave France To Escape Higher Taxes
Turns out a seventy five percent income tax makes people reconsider residency.
Greens Find Silver Lining in Euro-Crisis
Eco-communities are becoming increasingly popular in Greece as the economy worsens.
Computer Sugar Daddy Fails to Save Bookstore Chain
Microsoft's investment in Barnes and Noble has not brought stability back to the booksellers.
ECB Considering Bond Yields Cap
Report comes at the beginning of a week of European negotiations on the euro-crisis.
Where Free-Market Economists Go Wrong
Subsidies, stimulus, regulations, protectionism, trade restrictions, government-bank collusion, zoning, bailouts and more do not equal a "free" market.
Swing States See Rising Unemployment
High joblessness is usually considered to ding the incumbent's prospects
Where Are All the "Food Libertarians"?
An interview with Jayson Lusk, whose new report indicates most Americans want more food police
Moody's Sees More California Cities Going Bankrupt
Agency to begin review of municipal finances across state.
Caterpillar Workers Ending Three-Month Strike
Agree to pay freeze, switch from pensions to 401(k) program.
Unemployment Rates Rose in 44 States in July
Well, nobody is referring to a "summer of recovery" this year.
Even in Bankruptcy, Unions Get Special Treatment
The pension-debt time bomb detonates in bankruptcy court.
U.S. May Release Oil Reserves
Hmmm ... Engineering a temporary drop in gas prices just before the election ...
Recalled Legislators Unlikely to Fix Illinois Pension Crisis
State has unfunded liabilities of $83 billion.
Merkel May Consider Loosening Greek Bailout Conditions
Report indicates that the German Chancellor may continue the Greek bailout without strict austerity conditions.
Zuckerberg: Falling Stock is Painful to Watch
The social network entrepreneur made the comments to employees at a company-wide meeting organized in part to boost morale.
Leaders Must Prepare For Eurozone Breakup, Says Finnish Politician
Erkki Tuomioja, Finlands Foreign Minister, says that Finland already has a plan in place.
Clashes At Lonmin Marikana Mine Kill Thirty
The stand off between rival unions and the police at the South African mine claims more casualties.
Police Kill 30+ Strikers at South Africa Mine
Marikana platinum plant action began a week ago. Lonmin shares tank.
Is a Privately-Funded Sports Stadium and Team Economically Viable?
A hedge fund magnate wants to give it a try in Seattle.
Will GM Go Bankrupt Again?
The government is holding $10.1 billion worth of stock and sitting on an unrealized loss of $16.4 billion.
Ex-Georgia Football Coach Charged with Running Ponzi Scheme
Targeted other coaches and football players and raised $80 million.
The Bogus Attack on Paul Ryan's Medicare Plan
It's time to retire the lame cliché about "ending Medicare as we know it."
Facebook Shares Hit New Low
Stocks sink 7.1 percent after early investors get permission to sell.
In Canada, German Chancellor Haunted by Euro Crisis
Merkel hopes to hit up her hosts for contributions to the save-Greece fund
Cops Open Fire on South African Miners
Labor strike and clashes between strikers and police continue
Paul Ryan and the Real Enemy of Medicare
It's easy to improve health care if cost is no object. It's easy to reduce costs if you can tolerate worse health outcomes.
Victims of Beirut Bombing Sue Standard Chartered over Iran Ties
The bank on Tuesday agreed to pay $340 million to New York State's financial regulator to settle allegations that it concealed Iran-linked transactions worth a total of $250 billion.
More Facebook Shares About to Hit Market
Employees and early investors will be allowed to start selling Thursday.
California Bondholders Pay for Pension Explosions
Bankrupt cities halt payments to the bondholders who bought into its pension obligations
Progressives Shift Money to Union-Owned Bank
Amalgamated Bank is controlled by the well-connected SEIU
No Economic Boost From Olympics
Tour firms, hotels and restaurants complain of slow business
