Economics
Obama is Spain's New Amigo
Economic support from the U.S. may be in the wind for the embattled country
Australian States Under Pressure To Limit Power Prices
Prices at state-owned utilities are rising faster than those at private producers - but the carbon tax may be at fault
Bernanke: Let's Get Philosophical
The Fed chairman wants economists to spend more time on the "why" of what they do
U.S. Really Lost Jobs in July
Widely touted job "gain" figures include seasonal adjustments that discount an actual decline of 1.2 million in the number of jobs nationwide
Spain Stays Afloat on the Shadow Economy
Under a corrupt and tax-hungry government, off-the-books work accounts for the equivalent of a quarter of the official economy
Social Security Pyramid Scheme Begins to Topple
People retiring now will be first to earn less than they put in rather than more.
GM Sued for $3 Billion Over Saab Bankruptcy
GM accused of deliberately destroying Saab by Dutch sportscar manufacturer
The Health-Care Spending Claim That Made Obamacare Possible Was a Lie
Health care costs were slowing before the passage of Obamacare.
Standard Chartered Accused of Leaving US Financial Services Open to Attacks After Iranian Deals
Multi-Billion dollar deals left the US financial system open to attacks from Iran, drug kingpins, and terrorists.
Occupy Oakland and the Communist Thing, or How You Learn to Love Free Markets
Communists say the darnedest things
Most Americans Favor More Education Spending…Until They Are Told the Price Tag
13 percent believe government spending on education is at the right amount.
Insurance Company Claims it is Not Responsible For Trayvon Martin's Killing
Traveler's Insurance claims that it is not responsible to defend property.
Clinton Announces Investments for Malawi
$46 million has been promised to Malawi to be used for agricultural development.
Best Buy Founder Makes Takeover Offer
Richard Schulze, who owns 20 percent of Best Buy, has offered to buy the rest of the company for $8.8 billion.
Only 32% of Likely Voters Think Clinton and Obama Agree on the Economy
Although Clinton is set to be given a prominent spot at the convention few believe he agrees with the President on economic recovery.
Cold War Relic to Give Billions To South Africa for Green Energy Scheme
The Export-Import Bank is set to give $2 billion to South Africa for wind and solar investment.
TSA Workers Negotiate Labor Pact
Deal includes an increased clothing allowance and a standardized vacation bidding process.
How a Single Oxycontin Pill Nearly Ruined One Man's Life
Jail may be the worst thing that can happen to a drug offender, but it's not the only thing.
Roseanne Barr Is Still Running for President
The Peace and Freedom Party nominates a former sitcom star.
The Free Market Doesn't Need Government Regulation
Bureaucrats regulate by threat of physical force while the market operates peacefully through millions of cooperating participants.
Sudan, South Sudan Reach Oil Export, Revenue Deal
Hillary Clinton urged the two sides to wrap up their negotiations yesterday.
Knight Capital Struggling to Recover from Trading Glitch
Firm lost $440 million, seeks assistance.
Amtrak's Horrible, Expensive Food to Protect Overpaid Public Jobs
"It's a whopper of an idea, trading good-paying jobs for cheaper hamburgers," is the defense.
JPMorgan Chase Denies Manipulating California Energy Market
Trader demands money taken by state back.
Nevada Lures Apple With Tax Breaks
The state Board of Economic Development signed off on an $89 million package
Tax Slams Roll-Your-Own Shops
Independent shops say they've been mugged by government, big business
Solyndra Tagged White House as "Bank of Washington"
In an email, the company's CEO had high praise for government subsidies
Senator Proposes Deficit Fix
Mike Lee's "Cut, Cap, and Balance," would reduce spending and set it at a maximum of 18 percent of GDP
Big Federal Subsidies for Batteries
The federal government is doling out lots of dough so that private companies don't have to spend their own on battery research
Nevada Gives Few Corporate Handouts, Has Lower Taxes
With fewer demands for taxes, Nevada has less need, or ability, to pay off businesses
Half of Caltran Traffic Cams Not Working
California spent at least $5.5 million last year on the cameras.
What the Anaheim Riots Can Teach Other American Cities
It's time to reform the police and cut bureaucratic red tape.
Detroit: Graveyard City
Abandoned parts of the failing city are being used as dumping grounds for murder victims
Despite Thousands of New Hires US Unemployment Rises
163,000 hired by companies in July while the unemployment rate increased from 8.2 percent to 8.3 percent.
Virgin Atlantic Reports Losses
Loss comes despite an increase in passengers and revenue, passenger duties and fuel costs blamed.
