The Commerce Department reports that U.S. corporate profits have hit historic highs, so why isn’t the GOP — the party of business — celebrating? After all, those profits are coming not from revenue growth — which would benef…
Some of the best reads for investors from around the Web, including the top 50 inventions this year, the stocks that Warren Buffett, Carl Icahn and Daniel Loeb are buying and the answer to who has the coolest business cards.
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House Republicans thwarted an expedited effort by Democrats to extend jobless benefits into next year. It cleared by 258-154 but failed to meet the two-thirds majority needed for “fast-track” passage. Two million Americans coul…
Roger Altman, former deputy treasury secretary and founder of Evercore Partners Inc., is a top candidate to replace Lawrence Summers as director of President Obama’s National Economic Council, Bloomberg News said.
Altman, 64, met with Obama Tuesday t…
The President’s trip to Asia was supposed to be all about creating jobs back in the U.S. But he failed to create a trade pact with South Korea, get an agreement on limiting surpluses by large trading partners and to get China t…