By Joseph Lawler | 08/21/14 08:30 PM
Companies aren't fleeing the United States because of a lack of tax competitiveness, a top tax expert says. They're leaving to use the trillions of dollars in cash they hold abroad to boost their stock prices.
By Joseph Lawler | 08/21/14 10:27 AM
President Obama may not be able to stop "corporate deserters" from taking up legal residency in low-tax countries. But it appears that his Treasury Department will try to make the prospect of leaving the U.S. as unattractive as possible.
By Joseph Lawler | 08/21/14 10:11 AM
The Department of Justice said that it would be the single largest settlement with a U.S. business in history. The agreement includes $9.65 billion in cash paid out to federal and state agencies, and nearly $7 billion in consumer relief to borrowers hurt by the mortgage crisis.
By Joseph Lawler | 08/20/14 03:17 PM
Most Fed officials expect that job gains will continue to accelerate and inflation will start rising in 2014.
By Joseph Lawler | 08/19/14 09:17 AM
Although consumer inflation, as measured by the Consumer Price Index, slowed in July, it also has now been above 2 percent annually for longer than any time since 2012.
By Joseph Lawler | 08/18/14 04:29 PM
A bipartisan group of Congress' most vocal lawmakers on matters of financial regulation is challenging Federal Reserve Chairwoman Janet Yellen over the central bank's commitment to avoiding future bailouts.
By Joseph Lawler | 08/18/14 08:47 AM
Federal Reserve Chairwoman Janet Yellen is ready to commit to her belief that the central bank can keep money loose without stoking the kind of inflation that would raise the costs of everything for ordinary Americans.
By Joseph Lawler | 08/15/14 12:23 PM
Congress created Ticket to Work in 1999 to address a growing problem, namely that the disability rolls were expanding rapidly and the disability program did little to encourage work among those able to hold a job. The idea was to give disability recipients a "ticket," or voucher, that employment...
By Joseph Lawler | 08/14/14 11:04 AM
Americans are increasingly willing to take on credit card debt or to take out loans to buy cars or to go to college, but they're still shying away from the biggest category of consumer credit: home loans.
By Joseph Lawler | 08/13/14 03:33 PM
The trust fund for the disability program will run out in late 2016, Social Security's Board of Trustees warned in late July. Without congressional action, disabled workers would immediately face a 25 percent cut in their benefits.
By Joseph Lawler | 08/13/14 10:31 AM
Companies leaving the U.S. for low-tax countries might not cost America as much as you thought.
By Joseph Lawler | 08/13/14 07:39 AM
A top conservative economist thinks he has found a way to take President Obama at his word, and ensure that no one working full time has to live in poverty -- while getting rid of the minimum wage.
By Joseph Lawler | 08/12/14 11:04 AM
The Bureau of Labor Statistics reported Tuesday morning that the number of job openings grew from 4.6 million in May to 4.7 million in June, confirming a trend toward accelerating job creation in the first half of 2014.
By Joseph Lawler | 08/11/14 08:55 AM
President Obama has sounded increasingly triumphant in recent weeks when talking about the state of the U.S. economy, using words like "booming" and listing new records. But his narrative is missing one big subplot.
By Joseph Lawler | 08/08/14 03:54 PM
In a survey of Americans' personal financial situations released by the Federal Reserve Thursday, nearly half of the respondents who majored in computer science or information science said that the costs of college outweighed the benefits.
By Luke Rosiak | 08/21/14
By David Freddoso | 08/20/14
By Becket Adams | 08/21/14
By Betsy Woodruff | 08/21/14
By Philip Klein | 08/21/14