Politics

Learn about the most important political developments in Washington and elsewhere that affect investors.

President Obama Needs an MBA, Not a Law Degree

President Barack Obama should have earned an MBA or a Ph. D. in economics at the University of...

[Marriner S. Eccles Federal Reserve Board Building]

Federal Reserve Cuts Stimulus to $65 Billion a Month

The U.S. Federal Reserve on Wednesday announced a further $10 billion cut to its monthly bond purchases as...

Federal Reserve Building

Fed Expected to Announce Further $10 Billion Taper Today

Turmoil in emerging markets and a month of disappointing job growth at home are unlikely to deter the...

scales of justice in front of some law books

Businesses Win Twice Before Supreme Court to Reduce Liability

Companies won two unanimous U.S. Supreme Court rulings, averting what may have been billions of dollars in new...

[U.S. Capitol]

Key Senate Democrat Refuses to Negotiate with Republicans on U.S. Debt Limit

Republicans demanding concessions in exchange for raising the U.S. debt ceiling will be refused, the Democratic chairwoman of...

How Obama’s Attack on Investors Could Affect You

President Obama is making inequality #1 issue in this year’s midterm elections, which means hold on to your...

[blue capsules spilling out of a bottle]

ObamaCare Launch Leads 6.3 million to Become Eligible for Medicaid

More than 6.3 million Americans were deemed eligible for government healthcare plans for the poor since the Oct....

Man counting money

Minimum Wage is Not the Way to Improve Lives

It seems that every local government is straining to see which one can outdo the other in raising...

[U.S. Capitol]

Lawmakers Unveil $1.1 Trillion Spending Bill

Negotiators in the U.S. Congress unveiled a $1.1 trillion spending bill that aims to prevent another government shutdown,...

[prescription pills in a rising bar graph on $100 bills]

Maryland Gains Federal Approval to Cap Hospital Spending

The Obama administration has agreed to a health-care experiment that will make Maryland a test case for whether...