❗Help close the gap: We still need to raise $40,000 by the end of March. Donate now

President Obama takes aim at rising inequality

Dec 7, 2011
Yesterday, the president spoke about the loss of the American dream. But just how much is the middle class really shrinking?

PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts

Dec 7, 2011
President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
Today is the last day of the year to enroll in a Medicare plan.
SAUL LOEB/AFP/Getty Images

President Obama pushes for payroll tax extension

Dec 6, 2011
A tax hike could be in store for all Americans at the start of next year if Republicans and Democrats in Washington can't agree. The current payroll tax cuts put money into the pockets of consumers.

Obama invoking Theodore Roosevelt

Dec 6, 2011
The president speaks in Osawatomie, Kansas, where Roosevelt laid out his "square deal" for the middle class in 1910. Obama has a modern day version.

Payroll tax decision nears end of the year deadline

Dec 6, 2011
Senate Democrats want another vote this week on extending a payroll tax cut for workers. But Republicans say they can't support the Democratic proposal.

PODCAST: The U.S. weighs in on Europe

Dec 6, 2011
The latest threat for Europe comes from Standard & Poor's: a possible downgrade of 15 countries if the debt problems continue. Irish citizens are bracing for the fourth year of austerity. Author Robert Neuwirth says the informal economy could soon make up two-thirds of the world's workforce. Pollution in China could be a benefit for the U.S., and Microsoft sets out to revamp XBox Live.
Debt in the eurozone and in the U.S. have been under strict scrutiny by ratings agencies. Is there a better way?
Sean Gallup/Getty Images

Who's benefiting from a payroll tax cut?

Dec 3, 2011
Fortune Magazine's Allan Sloan explains the payroll tax cut, and who is benefiting the most from them.

For public good, not for profit.

Do payroll tax cuts help the economy?

Dec 2, 2011
The Senate yesterday failed to agree on a deal that would extend payroll tax cuts, a key part of President Obama's stimulus

Payroll tax cut extension still in limbo

Dec 2, 2011
Extending the payroll tax cut failed in the Senate over divisions on how to pay for it. If it isn't paid for, that diverts money from Social Security.

Extend the payroll tax cut

Nov 30, 2011
The American economy is sagging. Job growth at a standstill. So what's the best way to kickstart the economy?