Government And Institutions

Chris Christie's Biggest Problem

It was supposed to be New Jersey Governor Chris Christie’s crowning achievement, one he fought hard for and campaigned on—stopping N.J.’s growing pension crisis.

Greek Leftist Leader Tsipras Claims Victory Over Austerity

Greek leftist leader Alexis Tsipras promised on Sunday that five years of austerity, "humiliation and suffering" imposed by international creditors were over after his Syriza party swept to victory in a snap election on Sunday.

Protesters Rekindle Minimum Wage Fight in 190 Cities

Fast-food workers in 190 American cities are protesting today to raise the national minimum wage to at least $15 an hour – a campaign  dubbed by organizers as the “Fight for 15.”  The current national average is $7.25 an hour.

Judge Rules Illinois Pension Law Unconstitutional

An Illinois judge ruled Friday that a law intended to fix the nation's worst state employee pension crisis violates the state constitution, deciding in favor of state employees and retirees who sued to block the landmark overhaul.

Feds: Bullying, Lying Debt Collectors an Epidemic

The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

Jonathan Gruber’s ObfuscatedCare

A trillion-dollar legislation spanning 2,000 pages of legislation, creating hacked health exchanges, lost jobs, higher taxes, regulation and insurance costs, was a law built on deception.

Gov’t Lawyers Delay Calling Greenberg in AIG Bailout Case

In the wake of a FOX Business report that former American International Group Chairman and CEO Hank Greenberg would be pressed by government attorneys Friday in Starr v. U.S. Government, sources say Greenberg was abruptly removed from this week’s witness list.

Private Sector Adds 230K Jobs in October

The private sector added the most jobs in October since June, exceeding expectations as mid-sized businesses added the most workers in seven years.

U.S. Truck Sales a Good Sign for GOP?

Forget red state or blue state, your ride may be a better indicator of how the midterm elections will go, according to one car buying and selling platform.

Ebola Fears Cost NYC Businesses $70K, and Counting

New York City, the most densely populated city in the United States with 8.4 million residents, saw its first diagnosis of Ebola this month.  Last week, Dr. Craig Spencer, who recently returned from Guinea, tested positive for the disease. Beyond the health impact, local businesses say they are also taking a hit.

Washington Needs to Go on a Diet

In the 80s corporate America realized it needed to get lean to remain competitive in increasingly global markets. Now it’s Washington’s turn.