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Here's more financial damage from the Great Recession. The largest economic gap between blacks and whites isn't income, but wealth. Sad to say–but…
We know healthcare is increasingly expensive. Still, I always find the numbers stunning. For instance, from 1999 through 2009 U.S. spending on…
Dismal. Glum. Miserable. Terrible. These are among the words journalists have used to describe the finding of statisticians at the Bureau of Labor…
The stock market is taking another nosedive. Economists are cutting their global growth estimates. Investors worry that European banks aren't…
There are lots of factors behind the disappointingly weak economy. Dysfunctional politics in Washington and a national unemployment rate of 9.1%….
Let's hope not….
Global investors may be relieved at the political agreement negotiated over the weekend in Washington to lift the debt ceiling limit. (Hold your…
Washington must be another world. The vituperative battle over raising the debt limit makes no sense when the U.S. economy is so fragile. The…
We all know that income inequality has been widening in recent decades. Less appreciated yet even more disturbing over the long run is increasing…
A year ago President Obama signed into law the Dodd-Frank financial services regulatory overhaul. It was the most ambitious and controversial…