Economy

Congress Is Starving the Agency That's Supposed to Prevent Another Meltdown
November 07, 2013

Bart Chilton, the colorful, mullet-sporting member of the Commodity Futures Trading Commission (CFTC), resigned this week, after casting a final vote to set position limits, which would regulate the number of commodity trades individual speculators c

JPMorgan's $13B Penalty Could Be A Huge Blow to Struggling Homeowners
October 29, 2013

JP Morgan gets to write off its $13 bill fine. Thanks to Congress, homeowners don't get to write off the help it provides.

You Thought the Government Shutdown Was Over. You Were Wrong.
October 18, 2013

It was an awful time. Federal employees had to take unpaid furlough days. Beneficiaries were thrown off of federal programs. Courthouses had to be sold.

Walmart Can Solve the Inequality Problem. It Starts With Stickers.
October 07, 2013

And it’ll only cost you $12.50 a year.

The White House Promises it Wasn't Flinching
October 07, 2013

Did the White House just open the door to some kind of short-term increase in the debt limit, perhaps to allow broader negotiations over fiscal priorities? Several media outlets are reporting as much.

How Do Fast-Food Wages Compare to Other Jobs'?
August 01, 2013

Today marks the fourth day in the largest fast-food walkout in U.S. history. One of the strikers’ key demands is a $15 hourly wage, slightly more than double the federal minimum wage of $7.25.

Obama's Corporate Tax Reform Plan Is Short on Details
July 30, 2013

Ah, the rush of having the ear of the President of the United States. A few weeks ago, for the magazine’s package of suggestions for Barack Obama to resuscitate his second term, I wrote the following:

The GOP Is Right About Obama's Economic Speech
July 24, 2013

The Republican National Committee didn’t wait for President Obama to give his big address today before rendering a verdict on it. “Same Speech, Different Day.” And, for a change, they had it exactly right.

The Last Days of Big Law
The money is drying up—and America's most storied firms are terrified
July 21, 2013

A dispatch from the last days of big law

Erick Erickson, Meet My Wife
What Fox gets wrong about female breadwinners
May 30, 2013

The truth about female breadwinners.

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