Tag Archives: economy

Sequester

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U.S. Jobless Claims Fall To 324,000, The Lowest Level In Five Years

By Christopher S. Rugaber The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring. The Labor Department said Thursday that weekly … Continue reading

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Credit History Discrimination

By The Editorial Board People fall behind on their bills for many reasons — a recession that costs them jobs, a divorce, an illness. Now comes a further obstacle to getting their lives in order: employers who screen job applicants … Continue reading

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Poverty in America: Millions of families too broke for bank accounts

by Bob Sullivan Sabino Fuentes-Sanchez hid $25,000 all around his house because he didn’t trust banks. Lasonia Christon receives her Walmart salary on a pre-paid debit card. Kim James was homeless for most of the past decade in part because she had … Continue reading

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5 Ways Our Tax Code Benefits the Rich and Screws Everyone Else

By Travis Waldron Happy tax day! Today is Tax Day, the day on which federal and state taxes are due for all Americans. Republicans have, of course, spent the year since Tax Day 2012 arguing that tax rates are too … Continue reading

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Dish Network to make $25.5 billion Sprint bid

By Kim Hjelmgaard Dish Network is launching a $25.5 billion bid for Sprint Nextel. The offer is an attempt to scupper Softbank of Japan’s acquisition of the major U.S. wireless carrier. Dish said it’s offer is superior to the Japan … Continue reading

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What the U.S. Can Learn From Africa’s Booming Economy

Given continued economic weakness in the U.S., it’s easy to imagine that the rest of the world remains similarly stuck. But there is one region of the world that is showing signs of economic strength in new and unexpected ways. … Continue reading

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Five myths about the minimum wage

By Betsey Stevenson In February’s State of the Union address, President Obama provoked conservatives’ ire by proposing an increase in the minimum wage from $7.25 per hour to $9. Especially in a struggling economy, wouldn’t a minimum-wage boost increase unemployment … Continue reading

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16 Giant Corporations That Have Basically Stopped Paying Taxes — While Also Cutting Jobs!

March 18, 2013 |By Paul Bucheit Outside the stadium our nation’s kids and seniors and low-income mothers may be dealing with food and housing cuts, but on the corporate playing floor new low-tax records are being set again this year. … Continue reading

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Senator: Should hourly minimum wage be $22?

By Kim Peterson What if U.S. workers were paid more as the nation’s productivity increased? If we had adopted that policy decades ago, the minimum wage would now be about $22 an hour, said Sen. Elizabeth Warren (D-Mass.) last week. … Continue reading

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