Economy

Richmond's city council is only one vote short of the supermajority needed to pursue eminent domain to seize underwater mortgages and renegotiate them on behalf of homeowners, and it …

Paul Krugman: My quick verdict remains the same as it was from the beginning: this was a plan that did considerable economic good, but also considerable political harm.

Kevin Roose talks about sneaking into a secret wall street society initiation and what he learned from the experience.

James Henry: Facing a surging public deficit, Argentina has devalued its currency in response to the Fed's tapering of quantitative easing and China's slowed purchasing of imports.

Since the beginning of the Great Recession, policymakers and reporters have spoken of a growing crisis in public pensions.

The austerity mania that plagued our political system for four years is finally subsiding.

Lies are sexy and mysterious. Lies illustrate our deepest innovation. Lies make for our most historic moments. Lies are great for business. And above all, lies validate the yawn …

Excess wealth, widespread poverty, and inequality are all poisonous to our nation. These poisons threaten our economy, our democratic process, academic integrity, our justice system and our culture.

Richard D. Wolff gives an economic update on Delta Airlines changes; US millionaires in office; irrational student debt; Rupert Murdoch's wealth; and more.

While saving money is recommended for financial stability, doing so has become more difficult for the working class as the divide between rich and poor deepens