Aug 31 Labor Leader Trumka: Job-Creation Plans Require 'Boldness' AFL-CIO President Richard Trumka; file photo When it comes to jump-starting the struggling U.S. economy, AFL-CIO President Richard Trumka proclaimed Wednesday, "This is a time for boldness." The labor leader spoke at his union's annual Labor Day news conference… Continue reading
Aug 31 Watch DOJ Makes 'Audacious' Move to Block $39B AT&T, T-Mobile Merger The Department of Justice filed suit Wednesday to block the proposed $39 billion merger between AT&T and T-Mobile, which would create the largest wireless company in the country. Ray Suarez discusses the Obama administration's "unprecedented" move to block the deal… Continue watching
Aug 31 Government Moves to Block AT&T, T-Mobile Merger T-Mobile USA and AT&T signage is seen in New York, U.S., on Wednesday. Photo by Stephen Yang/Bloomberg via Getty Images. The Department of Justice has filed an anti-trust lawsuit to block a planned merger between telecom giants AT&T and… Continue reading
Aug 31 Stand-Up Economist: Always Bring Your Own Toilet Paper By Paul Solman Another vlog today from Our Man in Beijing, Stand-up Economist Yoram Bauman. He's not in China as a comedian, of course, but as an environmental economist, which this post explains. (It also explains why he keeps a roll of toilet… Continue reading
Aug 31 Stand-Up Economist: Always Bring Your Own Toilet Paper Another vlog today from Our Man in Beijing, Stand-up Economist Yoram Bauman. He's not in China as a comedian, of course, but as an environmental economist, which this post explains. (It also explains why he keeps a roll… Continue reading
Aug 30 Watch Millions of Distressed Properties Stuck in 'Shaky' U.S. Housing Market The troubled U.S. housing market got some good news Tuesday with word that prices in four major cities are on the rise, but a full recovery still appears to be a long way off. Jeffrey Brown discusses why home sales… Continue watching
Aug 30 Why U.S. Housing Prices Aren't Falling Off a Cliff Click on the cities above to see how housing prices have changed from June, 2003 to June, 2011 according to the S&P/Case-Shiller Housing Index. Data are in Tuesday morning from what may be the one reliable product coming… Continue reading
Aug 30 Why U.S. Housing Prices Aren't Falling Off a Cliff Click on the cities above to see how housing prices have changed from June, 2003 to June, 2011 according to the S&P/Case-Shiller Housing Index. Data are in Tuesday morning from what may be the one reliable product coming… Continue reading
Aug 29 New Obama Economic Adviser Focused on Jobs, But Will Agenda Change? President Obama announces Alan Krueger as a nominee to lead the White House Council of Economic Advisers; Photo by Andrew Harrer/Bloomberg via Getty Images In light of President Obama's selection Monday of Princeton economist Alan Krueger as the new… Continue reading
Aug 29 Watch News Wrap: Stocks Boosted by July Spending Numbers, Irene's Smaller Cost In other news Monday, Wall Street rallied on relief that Hurricane Irene caused less damage than originally feared and word that consumer spending rose in July by the most in five months. Also, President Obama nominated Alan Krueger to chair… Continue watching