The Economist Magazine News
Tax the Rich Aspect of Jobs Bill Punted to Super Committee
President Obama wants to pay for his $447 billion American Jobs Act with a mix of so-called revenue enhancers, mostly by taxing the wealthy. The president said Monday he hopes the special congressional supercommittee already charged with making $1.5 trillion in cuts to reduce the deficit by Nov. 23
NFL Players Read Mean Tweets
quicklist: 1 title: NFL Players Read Mean Tweets text: Celebrities and athletes reading mean tweets directed at them has become a staple of " Jimmy Kimmel Live ," and that continued this week with NFLers. Despite phrases we can't repeat here directed at them, current and former stars alike didn't
The Social Climber: NFL Season Begins With a Swift Victory
quicklist: title: NFL Season Begins With a Swift Victory text: Touchdown. NFL fans rejoiced with the start of football season on Thursday. This year's Super Bowl champions, the Seattle Seahawks, beat the Green Bay Packers 36-16 at CenturyLink Field in Seattle Thursday night. They were led by
US Household Debt Falls to 29-Year Low
Morning Business Memo While politicians in Washington stumble toward the fiscal cliff, American households have really cleaned up their act. After consumers build up a massive debt load during the housing bubble of the early 2000′s, they went on a money diet. According to the...
U.S. financial markets are closed today. So here’s a look at America’s prospects for 2012. The economy might be headed for a stronger growth track, but there are least three potential obstacles to watch for: Europe, China and political gridlock. First the positive signs, of...
Libya: Moammar Gadhafi's Billions May be Unaccounted For
Libyan leader Moammar Gadhafi's war chest might have been large enough at one point to support fighting against rebel forces, but how much Libya's Transitional National Council can extract after Gadhafi's reported death remains to be seen. Gadhafi had $200 billion in bank accounts, investments, and
Is it Time to Refinance or Buy?
Fixed and Adjustable Mortgage Rates Reach Record Lows, Giving Incentive for Many Homeowners to Refinance
Former IMF chief Strauss-Kahn: The portrait of a paradox
Dominique Strauss-Kahn is a man of many faces. The former head of the International Monetary Fund is infamous for his arrest on charges he sexually assaulted a New York City hotel maid — a criminal case that comes in the wake of unwanted incidents reported by other women. But to many in his native
Over a Barrel: The Truth About Oil
ABC News' Charles Gibson Crosses the Country for the Inside Story on the U.S. Oil Addiction