The employment report from the Labor Department on Friday was hailed as more evidence that the worst from the Great Recession is now in the rear view mirror, and receding. But the numbers are deceptive, and if we continue exporting jobs via so-called free trade agreements the economy will get worse.
That popping sound in Shanghai isn't champagne; it's economic bubbles in securities, real estate, art, and more.
U.S.businesses are failing at a faster rate than new ones are being created, suggesting that genuine economic recovery may still be far off.
With the number of subprime auto loans increasingly dramatically and defaults increasing apace, will the country's gains in GDP take a tumble when this bubble bursts?
Using outdated tactics to gain clout, the taxi union's shutdown of San Francisco International Airport on Monday night merely hastens the day of its demise.
President Obama's November 10 announcement that he would seek the “strongest possible rules” through the Federal Communications Commission to enforce "net neutrality" will serve as a key threat to both the freedoms of speech and press, and will throttle the progress of the Internet.
Just as Washington is revving up to impose limits on "tax inversions" on corporations seeking tax havens in other countries, along comes this study to show just how uncompetitive the United States already is.