Many economists thought that the U.S. economy was headed for a spring slowdown, but April’s job numbers were stronger than expected and the large revisions for February and March were very good. According to the Labor Department, there were 165,000 jobs added to the economy in April, which were 25,000 higher than expected. Paul Ashworth, [...]
The one area of the economy that continues to be on the rise is home price values, which rose in February at its fastest rate in seven years. The housing market is helping to counter the drag on the economy from the Sequester. The S&P/Case Shiller index, which calculates 20 metropolitan areas, showed that home [...]
On January 1st of next year, people are expected to have health insurance or pay the fines instead. What most people don’t know is that the Affordable Care Act will help provide low and middle income earners with tax credits that will help lower the cost of purchasing health coverage through insurance exchanges, which are [...]
President Obama has long been in favor of the “Buffet Rule” which would end favoritism and some loopholes for the richest people in America. They wouldn’t be able to sidestep paying their fair share through “Capital Gains” and “dividends”. After 1 million dollars, all income would be treated equally no matter where it came from. [...]
The President did exactly what Republicans have been asking him to do. He put entitlements on the table and actually proposed cuts to Social Security. Now the GOP is in big trouble because their bluff has been called and now it proves to the world that Republicans cannot take yes for an answer. Its official, [...]
Fast-food workers in New York City have had enough of minimum wages and say “it’s not enough to live on.” They work for some of the richest businesses in America, yet they are some of the lowest paid workers in the country. Most of them make the minimum hourly wage of $7.25, which according to [...]
Local and national retailers have always faced the serious problem of employee thefts. While outside thefts still remain a problem, stores are more worried about the inside jobs that are executed by their own employees. They are relying on huge databases that store information about employee thefts and share it with other retailers. Now they [...]
There is a debt cry that has been going on in Washington and across the country, mostly by Republicans, saying that we have an immediate debt problem that is going to affect our children and our grandchildren. It’s almost become a GOP anthem. The only problem with that statement is that it’s not true. Rep. [...]
Although the U.S. is producing more oil than ever and Americans are using far less gas, it has not stopped rising prices at the pump. This debunks all theories about the oil industry and who should produce it. U.S. demand for foreign oil continues to diminish and China has taken over the title of world’s [...]
Nobody over the last few years has fought for workers’ rights like MSNBC host Ed Schultz. He has been in heat of the battle fighting alongside blue collar workers all over the country. Whether it was supporting our teachers in Virginia or personally taking on Scott Walker and his union busting friends in Wisconsin. He [...]
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