U.S. Economy

topics in U.S. Economy

Wall Street : The List
Protesters outside the annual Bank of America shareholders meeting in North Carolina: The PR teams of the country's biggest banks have had their work cut out for them this year.

Wall Street's rough year: 5 ways banks have shamed themselves

The embarrassing financial crisis is practically ancient history, but the country's banking titans are still finding ways to infuriate ordinary people

 
Working in America : Essay
An Amazon warehouse in Nevada: The e-tail giant has 69 gigantic warehouses, 17 of which came online just last year.

A day in the life of a warehouse wage slave

Working in the online shipping business, says Mac McClelland, is nasty, brutish, and poorly paid

 
Wall Street : Opinion Brief
A protester stands outside the annual JPMorgan stockholders meeting Tuesday: Some observers argue that government watchdogs would need God-like powers to regulate such mega-banks effectively.

JPMorgan's billion-dollar loss: Time to break up the big banks?

A handful of mega-banks dotting the financial landscape are too big to fail, putting taxpayers and the global economy at risk every time they stumble

 
Wall Street : Controversy
A $2 billion trading loss that JPMorgan CEO Jamie Dillon initially dismissed as a "tempest in a teapot" wiped out $13 billion from the company's value the day after it was revealed.

Did JPMorgan CEO Jamie Dimon break the law?

The mega-bank's stock is plunging, its reputation has been battered, and now the Justice Department is investigating whether it committed a crime

 
Bankrupt USA : Instant Guide
Gov. Jerry Brown (D) will attempt to tackle California's crippling budget shortfall by slashing social services and limiting state workers to a four-day week.

California's financial apocalypse: A concise guide

Gov. Jerry Brown says his state is almost $16 billion short on its budget. The 74-year-old Democrat has a plan to close the gap — but Californians won't like it

 
Working in America : Fact Sheet
If you have ever felt this frustrated after a day at the office, the Dallas-based Anger Room lets you lash out for a full 15 minutes for only $45.

The 'Anger Room': The new way to blow off steam after work

Let's face it: Some days you leave work wanting to throw, punch, and break things. If you live in Dallas, you can — for a small fee, of course

 
Wall Street : Burning Question
JPMorgan Chase CEO Jamie Dimon: Does he even understand the increasingly complex computer games his own bank is playing?

JPMorgan's $2 billion loss: Time to fire CEO Jamie Dimon?

The nation's largest bank is scrambling to contain the fallout from a risky bet gone wrong, but some say the purge has to start at the top

 
Wall Street : Opinion Brief
Jamie Dimon, chairman and chief executive of JP Morgan Chase and Co, attributes his firm's $2 billion loss to "errors, sloppiness, and bad judgment."

JPMorgan's shocking $2 billion loss: Proof we need stronger financial reform?

Four years after the financial crisis, another major bank gets caught making huge, risky bets that went sour. Critics say it's time for a serious crackdown

 
The U.S. Recovery : Fact Sheet
Two-thirds of students graduating this summer will have student loan debt of more than $25,000.

5 reasons new graduates face a grim economic future

As college seniors around the country prepare to leave school, even their parents might have to admit that today's grads have it much tougher than mom and dad

 
Unemployed in America : The List
The jobless rate fell to 8.1 percent in April, but President Obama will still almost certainly be heading into the November election with a relatively high unemployment rate.

April's disappointing jobs report: 6 takeaways

The unemployment rate falls to 8.1 percent, but the economy adds only a meager 115,000 jobs, fueling concerns that the recovery is stalling once again

 
Wall Street : Analysis
By the end of January 2008, President Obama had raised well over $7 million from Wall Street moguls, but by January of this year he had raised just $2.4 million.

Has Obama been too tough on Wall Street?

The president is losing the support of financial titans, who complain that Obama has demonized their industry. But critics of the 1 percent aren't shedding any tears

 
The U.S. Recovery : Opinion Brief
Roseanne Cash, backed by a conspicuously diverse band of musicians, plays under the Brooklyn Bridge in a new American tourism advertisment that all but screams: "All are welcome."

America's first tourism ad campaign: Will it bring back visitors?

The U.S. never felt the need to lure guidebook-toting foreigners to the Statue of Liberty or the Golden Gate Bridge... until tourism plunged in the wake of 9/11

 
Working in America : Burning Question
Forget the 80-hour workweek: Facebook COO Sheryl Sandberg is home for dinner with her kids by 6 p.m. every night.

Time to cap the workweek at 40 hours?

Facebook exec Sheryl Sandberg says she leaves the office every day at 5:30, sparking a discussion about how much people gain (and lose) by working tougher hours

 
The U.S. Recovery : Burning Question
Rep. Paul Ryan (R-Wis.) and fellow Congressional Republicans are pushing for even deeper government spending cuts.

Are government spending cuts slowing the recovery?

The private sector is growing faster than the broader economy, and some analysts blame government budget cuts for stalling a more robust economic comeback

 
The U.S. Recovery : Opinion Brief
Paul Krugman and Ben Bernanke, two of the nation's leading economists, may have to agree to disagree over how to use the Fed to create jobs.

Paul Krugman vs. Ben Bernanke: Is there a dangerous 'hive-mind' at the Fed?

The Nobel laureate accuses the Fed chairman of blindly following the rest of the Federal Reserve, and not being aggressive enough in fighting unemployment

 
The U.S. Recovery : Forecast
President Obama plans to turn America's manufacturing around after decades of globalization that weakened the nation's manufacturing might.

Can Obama revive America's manufacturing industry?

The president has pledged to restore the country's once-vibrant manufacturing sector, but his plan might be nothing more than a pipe dream

 

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