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The Battle of the Titans: JPMorgan vs. Goldman Sachs, or Why the Market Was Down for Seven Days in a Row
We are witnessing an epic battle between two banking giants, JPMorgan Chase (Paul Volcker) and Goldman Sachs (Geithner/Rubin). Left strewn on the battleground could be your pension fund and …
Economy Grew 5.7 Percent in Fourth Quarter, Capping Dismal Year
The U.S. economy grew at a better-than-expected 5.7 percent in the final three months of 2009, the Commerce Department reported Friday, bringing the full-year numbers to a 2.4 percent …
AWOL From the State of the Union: Peace, Reconciliation and Debt
On foreign policy, while the president said some good things, he missed key opportunities to say better things. In particular, he missed key opportunities to promote reconciliation as an …
The Silent Destruction
Oh, splendid surge! Magnificent concert! The first trills are rising, preparing the choir of weepers; soon the tenor's heroic voice will move on to the mobilization aria: "Biodiversity, bio, …
The Coal Ash Industry Manipulated EPA Data
The coal ash industry manipulated reports and publications about the dangers of coal combustion waste, reports Public Employees for Environmental Responsibility (PEER). The group stated that the Environmental Protection …
US Jobless Claims Drop Less Than Expected
The number of U.S. workers who filed new claims for initial unemployment benefits declined slightly last week, though many economists expected a steeper drop. A Labor Department report released …
President Obama: Learn Ffrom Mr. Spock!
President Obama's cool, cerebral, logical style has drawn comparisons to Mr. Spock of Star Trek, as played by Leonard Nimoy in the original series from the 1960s. Like that …
President Obama: Learn From Mr. Spock!
President Obama's cool, cerebral, logical style has drawn comparisons to Mr. Spock of Star Trek, as played by Leonard Nimoy in the original series from the 1960s. Like that …
Senate Confirms Federal Reserve Chairman Ben Bernanke to a Second Term
With just 72 hours left before his term ended, the Senate voted 70-30 Thursday to confirm beleagued Federal Reserve Chairman Ben Bernanke to a second, four-year term. "To vote …
Swine Flu Didn’t Fly
For makers of the swine flu vaccine, 2009 was a year to remember. By June, CSL Limited's profits rose 63 percent above 2008 levels, while in the third quarter …