In a departure from recent years, Congress seems on the verge of presenting President Obama with a budget intended to put a stop to the succession of fiscal crises and threats of government shutdown. The bipartisan budget, which is set to pass the Senate on Wednesday,...
Unhappy with the current minimum wage, fast-food workers – spurred on by labor organizations like the Service Employees International Union (SEIU) – took to the picket line Thursday in support of a $15 an hour minimum wage. SEIU leaders claimed that...
Every year, there are at least a few hundred people who get tired of one thing or another about America, often taxes, and decide to renounce their citizenship. Reported by the media as nothing more than malcontents and rabble-rousers who don’t know how good they have...
Five years ago, amidst a wave of foreclosures and recession, investors didn’t want any part of an Initial Public Offering (IPO). What a difference half a decade makes. The 33 IPOs in October make it the busiest month since November 2007. Generally, the IPO market is...
SAC Capital Advisors, a hedge fund giant, will be $1.8 billion lighter in the pocketbook after being assessed the largest financial penalty ever levied for insider trading. Additionally, the company will plead guilty to criminal charges and stop investing money for...
