The non-partisan Congressional Budget Office released a study yesterday warning of a U.S. recession if lawmakers let the Bush-era tax cuts expire and enact a round of automatic spending cuts — allowing for a 'fiscal cliff.'
Spain has officially slipped back into recession and to make matters worse, Standard & Poor’s has downgraded the credit rating on 11 Spanish banks. That makes it harder for those banks to borrow money.
Far too many poor people are living in the modern-day equivalent of debtors' prison without a chance of a fresh start. It's wrong — a terrible state of affairs.
A new study out by Barcalys Capital explores the ongoing connection between the world's tallest buildings, and the world's biggest financial collapses.