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Elizabeth MacDonald Archive

  • Wal-Mart’s 'For Hire' Sign for Veterans

    Published January 15, 2013

    The president of Wal-Mart’s U.S. operations, William Simon, announced in a keynote speech at the National Retail Federation conference that the world’s largest retailer wants to be the biggest employer of U.S. military veterans.

  • Home Prices Rise by Most Since May 2006

    Published January 15, 2013

    A top housing research firm says home prices have rebounded sharply, posting their biggest increase in November since the spring of 2006.

  • Moody’s: U.S. Fiscal Cliff Deal Has 'Limited' Positives

    Published January 10, 2013

    Moody’s Investors Service is out with a new report that again warns the fiscal cliff deal fails to deliver a "meaningful improvement" to the federal government’s debt trajectory well into the future.

  • New Government Report Backs Car Mileage Tax

    Published January 10, 2013

    The federal government is becoming increasingly convinced that mileage fees are a great way to raise spending money, as much as $78 billion annually, says the new report from the Government Accountability Office.

  • There’s More to Greenberg’s AIG-Government Lawsuit

    Published January 09, 2013

    The U.S. Treasury along with the New York Federal Reserve gave AIG a massive rescue package -- and former AIG chief Hank Greenberg now says government overseers ran ‘amok’ in the bailout.

  • The Goldilocks Mush of a Jobs Report

    Published January 04, 2013

    The broader jobless rate that counts discouraged workers was stuck at 14.4%. There are now more than four million fewer jobs out there than when President Barack Obama first took office in 2008.

  • AIG Thanks America, But Investors Not Thankful Yet

    Published January 02, 2013

    AIG debuted a new ad campaign showing gratitude to taxpayers for one of the biggest bailouts in U.S. history. But investors aren’t in a thankful mood yet as AIG is still trading at around half its book value with a single digit return on assets. 

  • What Would Margaret Thatcher Do?

    Published December 26, 2012

    Perhaps elected officials could turn to former Prime Minister Margaret Thatcher for inspiration about leadership and deficit reform.

  • D.C. Must Enact Gun Control Now

    Published December 17, 2012

    It is intolerable that the U.S. cannot protect its citizens and its children against a gun culture blinded by ideology and glorified by either Hollywood or music. 

  • The Federal Reserve's Zombie Economy

    Published December 13, 2012

    Deutsche Bank is out with a warning saying Fed intervention might produce an economy filled with financially undead firms.