Billionaire investor Warren Buffett said that wealthy Americans should pay more in taxes and that the Bush-era tax cuts for high-earners should expire, Bloomberg News reported.
“People at the high end — people like myself — should be paying a lot m…
The U.S. economy will remain weak in 2011 as companies limit hiring and consumers restrict spending, according to a survey of economists.
GDP will grow by 2.6% in 2011 after increasing by 2.7% this year, according to the median forecast of 51 economi…
Some for-profit colleges may lose access to U.S. government aid as the Department of Education works to improve oversight of the sector.
Colleges that pay recruiters based on how many students they sign up could be disqualified from participating in …
Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF.
Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press.
The banks are saddled …
The Obama administration plans to put pressure on Congress in 2011 to move ahead on key technology policies such as patent reform and privacy.
“Much of the policy work is really contingent on congressional action or budgetary action, so you’re by def…