Featured

So, why are the jobless numbers so high?

So, why are the jobless numbers so high?

The job numbers are bleak. Some 13.9 million workers remain unemployed 21 months after the end of the recession, according to the latest estimates from the Bureau of Labor Statistics.   Of those, 6.2 million people have been out-of-work for 6 months or more, and 8.4 million toil at part-time jobs. And few economic forecasters believe […]

The ‘widows tax:’ Another broken promise

The ‘widows tax:’ Another broken promise

Tens of thousands of the nation’s war widows find it perplexing and downright disrespectful to their late military husbands: In order to fully collect on insurance their husbands bought for them when alive, they must marry another man. And to qualify, the widows must remarry when they are 57 or older. Those who remarry earlier […]

Fast food: Caught in immigration mess

Fast food: Caught in immigration mess

Chipotle Mexican Grill has a lot going for it — an upscale burrito concept, a hip and eco-friendly image, expansion plans galore and a 500 percent-plus stock price gain in just over two years. And then it has something not going its way — a federal crackdown on its immigrant labor force that has so […]

Jane Harman expected to resign from Congress

Jane Harman expected to resign from Congress

Rep. Jane Harman, a leading congressional voice on national security and ranking Democrat on a key House intelligence panel, told constituents on Monday she would resign her seat if named to head a Washington think tank. Harman, serving her ninth term representing California’s 36th district, including an area of west Los Angeles, said she was […]

Obama to CEOs: What can you do for America?

Obama to CEOs: What can you do for America?

Echoing John F. Kennedy, President Barack Obama prodded business leaders Monday to “ask yourselves what you can do for America,” not just for company bottom lines, even as he sought to smooth his uneasy relations with the nation’s corporate executives. Speaking to the U.S. Chamber of Commerce, the president urged the business community to help […]

Say what? High unemployed and fewer layoffs?

Say what? High unemployed and fewer layoffs?

The U.S. labor force has been split into two groups: the relieved and the desperate. If you have a job, you can exhale; you’re less likely to lose it than at any point in at least 14 years. If you’re unemployed? Good luck. Finding a job remains a struggle 20 months after the recession technically […]

AOL buying Huffington Post for $315 million

AOL buying Huffington Post for $315 million

Online company AOL Inc. is buying online news hub Huffington Post in a $315 million deal that represents a bold bet on the future of online news. The acquisition announced early Monday puts a high-profile exclamation mark on a series of acquisitions and strategic moves engineered by AOL CEO Tim Armstrong in an effort to […]

Green Bay takes Super Bowl 31-25

Green Bay takes Super Bowl 31-25

Forget Lombardi on Broadway. Green Bay has the newest Super Bowl hit: Aaron Rodgers. Capping one of the greatest postseasons for any quarterback, Rodgers led the Packers to their first NFL championship in 14 years Sunday with a 31-25 victory over the Pittsburgh Steelers. The Packers reclaimed the Vince Lombardi Trophy, named for their legendary […]

Obama tries to make peace with business community

Obama tries to make peace with business community

When President Barack Obama named Gene Sperling as his chief economic adviser, two of Sperling’s early calls went to AFL-CIO President Richard Trumka and U.S. Chamber of Commerce President Thomas Donohue. Known for his pugilistic style, Donohue wasted no time. Come on over, he said. When Sperling crossed Lafayette Square, the park that separates the […]