Though most Americans wish that Congress would rein in excessive pay on Wall Street, that won’t happen while the huge campaign contributions keep flowing. And the financial industry’s big money shell game drains away something …
The government’s program to prevent foreclosures is falling far short of its stated goals, a congressional watchdog reported.
The Treasury’s Home Affordable Modification Program (HAMP) is likely to fulfill less than a third of its goal of preventing …
Obama’s tax-cut package gets bipartisan approval in the Senate. But the eventual economic victory may come at a great political cost.
Continue reading The Tax-Cut Vote: Economic vs. Political Victories
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Treasury yields hit a six-month high Monday on optimism about the world economy and concern about the U.S. deficit.
Yields have been steadying climbing as investors bet that a stronger world economy will lead to higher interest rates, Reuters reporte…
The biggest question many investors have about President Obama’s compromise tax cut deal is how it will benefit the economy. But so far, there is little agreement on Wall Street about what the stimulative effects of the deal wi…