Moderate Islamist Abdelmonen Abol Fotoh has gathered support from the left and the right since he was ousted from the Muslim Brotherhood over his decision to run for the Egyptian presidency.
The world economy "remains on life support" from central banks and has deteriorated since last autumn, the latest Brookings Institution-Financial Times tracking index shows, despite some recent signs of stabilisation.
The 3.1 million "green jobs" the government reported last week was a large number -- it's nearly five times the number of people that work making cars and trucks and over half the amount employed in the construction industry.
Nearly one third of Americans who were raised in the middle class dropped down the economic ladder as adults -- and that's before the Great Recession hit.
A Pennsylvania hospital is expected to begin screening job applicants for signs of nicotine early next year, claiming it will not hire smokers, a hospital spokeswoman said Friday.
updated: Sun Dec 18 2011 16:28:00
Troops returning from Iraq face special challenges as they settle back into private life. David Mattingly reports.
A group of African-American church leaders announced Wednesday their intention to join ranks with the Occupy movement in the nation's capital, bolstering what some consider a mutual message of condemning income inequality and social injustice.
With just days left for the bipartisan debt committee to agree to a deal or call it quits, the mood is pessimistic.
The congressional debt committee has nine days to come up with a deficit reduction proposal.
Want to help the economy and create jobs? Well, roll back those government regulations! It's a talking point trumpeted by nearly every Republican politician. But would less regulation really spur hiring?
It's a terrible time to be unemployed. Millions of people are out of work and finding a new job can take months, if not longer.
Guess where most people in poverty live? Hint: It's not in the inner cities or rural America.
The global recovery "is in danger of skidding off course", according to the latest Brookings Institution-Financial Times tracking index of the world economy, with growth slowing down sharply amid financial turbulence and policy paralysis.
The two calamity-avoiding debt ceiling measures under consideration in Congress have something in common.
Giving more foreign entrepreneurs visas could help lower unemployment and jumpstart the economy, a nonpartisan research organization said.
Huge spending cuts, and maybe some targeted tax hikes.
Metro economies struggling the most to recover from the Great Recession typically lost government jobs, a new Brookings Institution report found.
Have you discussed your retirement plans with your spouse lately?
A number of Chipotle employees across Minnesota were fired after an immigration audit targeted the restaurant chain for allegedly hiring undocumented workers, officials said.
Mohamed Bouazizi, a 26-year-old unemployed college graduate from Tunisia, began a fruit and vegetable stand to earn a living. But he did not have a permit.
It's not if, but when, the law banning openly gay men and lesbians from serving in the military will be repealed, say advocates and top administration officials.
The deficit reduction plan that President Obama's bipartisan commission will vote on tomorrow is drawing sharp fire from ideological groups on both the left and the right. To bring federal spending in line with revenues, the proposal released by co-chairmen Alan Simpson and Erskine Bowles inflames liberals by slashing spending on social programs and conservatives by raising taxes.
updated: Mon Jun 28 2010 09:14:00
CBS reporter Lara Logan criticizes "Rolling Stone" writer Michael Hastings over his profile of Gen. Stanley McChrystal.
That's the argument John Timpane made in the Philadelphia Inquirer on Thursday: that our hypermetabolic, Twitter-fueled media culture allowed the remarks from General McChrystal 's crew to spread so far and so fast, Obama had almost no choice but to relieve him. Think of it as information blitzkrieg.
Don't mess with Texas! Cities in the Lone Star State were among the fastest growing places in 2009.
Federal programs will dole out more than $500 billion a year over the next decade based on data collected through the 2010 Census, according to a study released Tuesday.
A second Senate effort to come up with financial reform legislation could run aground unless a deal on protecting consumers is reached.
Intel Corp. announced Tuesday that it will create an alliance with leading venture capital firms to invest $3.5 billion in U.S. technology companies over the next two years.
Intel Corp. is planning a $2 billion fund with venture capital firms that would invest only in U.S. companies, according to a report published Tuesday.
Iran's Intelligence Ministry has compiled a list of 60 groups -- several based in the United States -- saying it considers them "soft war" agents against the country, Iranian media reported Monday.
I'm probably as sick of writing about job loss as you are reading about it. But I have some good news to report.
Two years into the recession, Americans don't see economic conditions getting better any time soon, and the steady growth in optimism that previous surveys measured throughout the year appears to have stalled, according to a new national poll.
More than a year after the financial meltdown of 2008, Congress is moving forward on plans to drastically curtail the power of the Federal Reserve.
Four months after he was escorted in his pajamas onto a military plane and flown out of the country, ousted Honduran President Jose Manuel Zelaya could return to power within days, analysts said Friday.
Most Federal Reserve policymakers believe that an economic recovery has started, although they view the turnaround as weak enough that some want the central bank to take additional steps to stimulate the economy, according to minutes of a meeting last month that were released Wednesday.
If you think flying is a miserable experience now, just wait until 2010.
The U.S. economy is clearly in terrible shape. What is less clear is how we got here.
As President Obama brings a proposed wish list for fixing financial markets and the global economy to the world stage, he's likely to have a tough sell.
Last week, Congress. This week, the world.
The Obama administration has a new plan to wipe toxic assets from banks' books, but it forces the government to make a calculated gamble.
A major chunk of the stimulus plan dealing with transportation is drawing fire for focusing too much on building new highways and not enough on regular maintenance projects and public transport.
Whether or not Congress or the Federal Reserve manages to solve the financial crisis, there will be an equally scary situation that has not yet made newspaper headlines.
White people will no longer make up a majority of Americans by 2042, according to new government projections. That's eight years sooner than previous estimates, made in 2004
Want to help the country save a quick million barrels of oil a day? Drive 5% less. Slow down. Inflate your tires.
hile cities are hot spots for global warming, people living in them turn out to be greener than their country cousins
updated: Thu May 29 2008 10:26:00
Arctic scientist Derek Mueller discuses possible new signs of global warming in northern Canada.
Lawmakers have given their final seal of approval to a $170 billion plan intended to spark the slowing economy.
A government report on January jobs showing that employers trimmed payrolls for the first time in four years set off alarm bells.
Ahead of Friday's January employment report, there is a lot of concern about the weakening job market, even as the unemployment rate stands at a relatively modest 5%.
The walls are bare, the closets are empty, and Connie and Timothy Pent and their two teenage children are living out of boxes as they wait for a dreaded knock at the door of their three-bedroom house in Ocala, Florida.
The middle class may not be as badly off as they think - or hear - they are. But that doesn't mean their anxieties are unfounded.
The Bush administration and the leadership of the Democratic Party are preparing to take another legislative leap at imposing a massive illegal alien amnesty on American citizens.
Before the final hours of the Clinton Global Initiative, the lobby of Manhattan's Sheraton hotel was so jam-packed that it was almost impossible to move through the crowd. It wasn't easy to pick out people in the sea of the famous, the wealthy and the powerful, but they were there. Barbara Streisand. First Lady Laura Bush. Hillary Clinton. And so on.
After months of rebuilding, Henry and Flora Hamilton's house doesn't look like it was sitting in 7 feet of water a year ago. The same can't be said for most of their neighbors' homes.
After months of rebuilding, Henry and Flora Hamilton's house doesn't look like it was sitting in 7 feet of water a year ago. The same can't be said for most of their neighbors' homes.
Lebanon's government needs a cash infusion of at least $1 billion to rebuild its shattered south if it is to meet Hezbollah's challenge for authority there, according to a U.S.-based expert on the Middle East.
The pension law signed by President Bush last week will have its primary impact on tens of millions of private-sector workers who have defined benefit pension plans and defined contribution plans such as 401(k)s.
NEW YORK (CNNMoney.com) - By now everyone knows American workers aren't saving enough for retirement.
New Orleans, six months after Hurricane Katrina first came ashore, killing hundreds of people and displacing thousands in its wake, is a study in contrasts.
There has been an impressive amount of construction in the United States over the last three centuries: All told, we've built more than 300 billion square feet of homes, offices, factories and other structures.
More and more companies are offering new ways of 401(k) investing that will allow you to sit back and hit "autopilot."
They're the shadow government--the millions of private-sector contractors doing everything from Homeland Security--related IT projects here to interrogations in Iraq. Estimates vary, but Paul Light...
NEW YORK (CNN/Money) - Both the House and Senate committees charged with drafting Social Security reform legislation are holding hearings this week. There likely will continue to be sharp partisan bickering over individual investment accounts.
The weapon: A powerful car bomb. The target: A police station. The toll: At least six policemen blown up. This scene and the refrain from Iraq's current leader strike a familiar chord.
"... if I am President, we're going to scour that tax code and make it simple and fair once and for all." -- John Kerry, September 2003
U.S. officials say they are doing everything they can to capture the man who now rivals Osama bin Laden as public enemy No.1.
By simple count, it appears to be a success. Of the coalition's 55 individuals on the Pentagon's "Most Wanted Iraqis" deck of playing cards, 43 have been killed, captured or have surrendered, including Saddam Hussein and his sons.
These days, many 40-year-olds are already thinking about how and where they want to live when they retire.
Listen to Lou Dobbs or John Kerry and you could easily get the impression that the outsourcing of white-collar jobs is just another form of Enron-like corporate treachery. But the fact is, the serv...
Does this make sense? Illinois is holding presidential primaries Tuesday -- even though the nominations of both parties have already been locked up.
On at least one topic, Americans and Europeans agree: Current U.S. tax laws violate international trade treaties. With Europe threatening to impose $4 billion in tariffs on products ranging from cu...
ECONOMY A Taxing Burden
It's time for the U.S. government to subsidize broadband connections to the home. I never thought I'd say that, but I've gotten over my free-market puritanism. The Bush administration should write ...
The Republican takeover of Congress virtually ensures a slew of tax cuts that could take effect, retroactively, as early as Jan. 1, say tax experts and Washington insiders.
If the U.S. economy were a person, you can be sure it would have serious emotional problems. For well over a year now, it's had to weather one withering insult after another. Academics have dubbed ...
After a year in which Americans endured a terrorist attack, layoffs, a stock market swoon and news of billion-dollar corporate swindles, we wanted to gauge the mood of affluent Americans. Are they worried? What, if anything, are they changing about their financial lives? How much is enough to feel rich? What do they think their chances are of becoming wealthy? What's the best way to do it? What does affluence mean to them, anyway?
After more than a month of legal battles, Al Gore has finally conceded the presidency. The 52-year-old is certainly young enough to run again in four years, but in the meantime he has a pressing co...
Americans are feeling a bit like lottery winners lately when it comes to the economy. I choose the analogy advisedly. From the perspective of, say, January 1993, the current state of the U.S. econo...
Anyone who wonders what the elusive ''new'' Democrats really think should read Growth With Equity, published by the Brookings Institution. The book raps Republicans preoccupied with the former and ...
After a rewarding love affair with homeownership in the Seventies and Eighties, some people feel they've been jilted in the Nineties. Those who bought at the top in California and the Northeast suf...
-- DAVID MULLINS JR., 46, vice chairman of the Federal Reserve, on why the Fed should resist pressure from businesses that want more loans and not relax capital requirements for banks: ''We've been...
MOST Americans don't think they need an economist to tell them the nation has been underinvesting in its infrastructure. They can feel the evidence when they bounce through a pothole and see it in ...
Investors have more choices than ever in a world of mounting demand for money and increasingly efficient flows of information and capital. So when the U.S. economy tanked, foreigners had no trouble...
Past plans to devolve more of Washington's responsibilities failed because they either weren't thought through or were politically inopportune. Economist Alice Rivlin, 61, a Brookings Institution f...
How much is America overpaying for environmental regulations? Robert Crandall, a senior fellow at the Brookings Institution, reviewed a score of serious efforts to quantify the costs since the earl...
-- DICK ARMEY, 51, U.S. Representative (R-Texas), who wants Congress to kill an Agriculture Department program that awards millions of dollars to giant food companies for advertising: ''What next, ...
It's almost a truism that world capital shortages loom during the Nineties as emerging market economies vie for funds with the industrial countries. Barry P. Bosworth thinks otherwise. A senior fel...
Mention to friends that you're thinking of buying a house, and odds are they'll tell you the only home you'll need is the nut house. Residential real estate is dead, they'll say. Prices are falling...
Were you surprised by the sudden emergence of East Germany from behind the Iron Curtain? You wouldn't have been if you had remembered the hundreds of predictions that were floated by the 1,500 econ...
We read the other day that nonstop air service from the New York area to Las Vegas is again available to ordinary mortals -- it never went away for the high rollers -- and had the darndest free ass...
One of the problems with reassuring paranoiacs, as any psychiatrist will tell you, is that their fears are not always groundless. That's also true in the case of economy watchers, who often seem co...
Has Mikhail Gorbachev gone Madison Avenue? Apparently so. The Soviet leader is using imperialist dog-and-pony shows to sell his country's products and politics to the West. In August the U.S.S.R. p...
As if cheap imports were not trouble enough for major U.S. steelmakers, small, low-cost domestic competitors are plotting a new attack on the giants. So- called mini-mills plan to make steel sheet ...
DID THE first-quarter speedup in productivity growth herald the long-awaited turnaround in this fundamental measure of economic progress? The short answer is no, the longer answer yes. Productivity...
China may be poised for yet another experimental spin down the capitalist road. An article in the People's Daily, the Communist party's official newspaper, called for the establishment of Western-s...
IN THE GALAXY of Washington think tanks, the archconservative Heritage Foundation is eclipsing its rivals. From privatization to Star Wars, Heritage prescriptions have become Reagan Administration ...
COMMODITIES BROKERS, who deal in everything from pork bellies to Treasury bills and precious metals, emerged from their trading pits months ago to fight sweeping new regulations proposed by the Com...
The first major U.S. steel strike in 26 years got under way when 8,200 members of the United Steelworkers walked off the job at Wheeling-Pittsburgh Steel Corp., the nation's seventh-largest steel c...
Loading weather data ...
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|