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At JPMorgan, the Ghost of Dinner Parties Past
The $2 billion trading loss disclosed last week by JPMorgan Chase shows how the tables have turned on the bank and ...Posted by Fabrice Florin -
JP Morgan trader blows $13bn hole in bank
Shockwaves spread across markets after $2bn trading loss at US bank, which had campaigned to water down regulations ...Posted by Fabrice Florin -
Global push to guarantee health coverage leaves U.S. behind
Even as Americans debate whether to scrap President Obama's healthcare law and its promise of guaranteed health ...Posted by Fabrice Florin -
Obama pushes 5 economic fixes
President Barack Obama gave Congress a “to-do list” for fixing the economy in his weekly address broadcast ...Posted by Fabrice Florin -
Is US a model for austerity-wary Europe?
America's poor jobs report has rattled world markets. Germany's DAX index fell 2 percent Friday. Wall Street saw ...Posted by Fabrice Florin -
Barack Obama: use former war budget to boost US economy
Barack Obama has declared that his goal of defeating al-Qaida is within reach and that the withdrawal of US forces ...Posted by Fabrice Florin
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Mitt Romney's flip-flops
For the 2012 presidential campaign, we're using the Flip O-Meter to assess the statements of President Barack Obama ...Posted by Fabrice Florin -
Obama says Romney would cut his own taxes while raising others’
President Barack Obama says Mitt Romney is the anti-Robin Hood. In a campaign speech in Columbus, Ohio, on May 5, ...Posted by Fabrice Florin -
Paul Krugman: Austerity Is So Wrong!
a funny thing happened in 2010: Much of the world's policy elite - the bankers and financial officials who define ...Posted by Dwight Rousu -
Who to blame for the price at the pump? Tough to say
The price of gas is determined by a litany of complex and shifting factors (Brent derivatives, anyone?), few of ...Posted by Fabrice Florin
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JPMorgan Chase’s $2 Billion Loss
The lesson of JPMorgan’s stunning $2 billion trading loss is that the banks haven’t learned their lesson, and ...Posted by Fabrice Florin -
Easy Useless Economics
So all this talk about structural unemployment isn't about facing up to our real problems; it's about avoiding ...Posted by Manfred Ostrowski -
Bernanke Gets 75% Approval From Investors in Global Poll
Ben S. Bernanke, chairman of the U.S. Federal Reserve, delivers his semi-annual monetary policy report to the ...Posted by Jack Smith -
The pace we've come to expect
For the second month in a row, America’s labour market has disappointed, once again raising questions about ...Posted by Fabrice Florin -
Obama launches campaign against Romney, but his real opponent is the economy
The president took on Mitt Romney as he formally launched his reelection campaign, but the former Massachusetts ...Posted by Fabrice Florin -
The incredible shrinking labor force
If the same percentage of adults were in the workforce today as when Barack Obama took office, the unemployment ...Posted by Fabrice Florin
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Romney Embraces Growth, Leaving Austerity To Europe
Austerity is out. Growth is in. And Mitt Romney's campaign has taken notice. Politicians in Europe and in President ...Posted by Fabrice Florin -
"End This Depression Now"
(Multimedia) Right now, there just is not enough spending, and we need the government, which can do it, to step in and provide ...Posted by Dwight Rousu -
Jamie Dimon Should Resign Over JPMorgan's $3B Lost Bet and Campaign Against Financial Regs
(Multimedia) As the financial giant JPMorgan Chase continues to suffer major losses on its risky derivatives trades, Nobel ...Posted by Dwight Rousu -
Power and Money in America (Noam Chomsky)
The Occupy movement has been an extremely exciting development. Unprecedented, in fact. There’s never been ...Posted by Manfred Ostrowski
Photo: Respres / flickr
Featured Reviewer
Patrick McGuire reviewed this story
The article poses very interesting opinion into what is wrong with the unemployment. Although Krugman attacks the structuralists, his solution is government spending but he does nothing to show how this will help. if anything, he brings up points that I would like to see opponents of ... More »
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At JPMorgan, the Ghost of Dinner Parties Past
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