by Mary Bottari | Jun 6, 2010 | Blog
When the Senate bank reform legislation passed in May, Senate Majority Leader Harry Reid said it sent the message to Wall Street "no longer can you recklessly gamble away other people's money." The bill told Main Street "you no longer have to fear that your savings,...
by Dave Johnson | Jun 4, 2010 | Blog
Disappointing jobs report sends stocks tumbling, Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. Interest rates dropped as investors moved their money into the...
by Eric Lotke | Jun 4, 2010 | Blog
The new unemployment data are out and the headlines are all wrong. The headlines report unemployment of 9.7 percent in May, down a tick from 9.9 percent in April. It’s good news but it misses the point. Nonfarm employment grew by 431,000 last month. That’s nice, but...
by Terrance Heath | Jun 4, 2010 | Blog
Like tea party activi
by Bill Scher | Jun 4, 2010 | Blog
Monday begins the biggest progressive conference of the year: America's Future Now! What's in store for the thousands of progressives gathering in Washington, DC on Monday? At 11 AM, the conference kicks off with the "We Are The Change" opening plenary. Robert...
by Dave Johnson | Jun 4, 2010 | Blog, Economy
Evan as Washington ignores jobs bills and slashes help for long-term unemployed workers the economy may be starting to fall back. The economy added 431,000 jobs in May, but 411,000 of those were temporary census workers. Compare this to last month when businesses...