Despite earlier forecasts anticipating steadily rising gas prices well past Memorial Day, prices at the pump began declining in April and are now cheaper than they were a year ago at this time. That’s not to say prices are cheap—nor that there aren’t stations blatantly gouging customers with inexplicably high prices.
It’s officially tourney time. Just how much is wagered on games? To what degree do workers slack off to keep up with the action on the court? What is your office doing to stop you from streaming video so maybe you’ll actually get some work done? The numbers tell all.
There are now four states where the average gallon of regular has passed the $4 mark, and five other states and Washington, D.C., are expected to be averaging $4 per gallon very soon, possibly this week.
Initially, the controversy over President Obama’s proposal that all insurers cover contraception focused on religious liberty. After polls revealed that 98% of sexually active Catholic women have used birth control, though, some who oppose Obamacare tried to shift the argument from religion to money: “If insurers are forced to offer contraception without co-pays,” they warn, [...]
What’s President Obama’s plan for getting the housing market back on track? Look for proposals—but not necessarily solutions—in tonight’s State of the Union address.
One day after President Obama appointed Richard Cordray as director of the Consumer Financial Protection Bureau over the objections of Senate Republicans, the bureau announced the launch of a new “nonbank supervision program.”
Warren Buffett told Fortune magazine’s Most Powerful Women Summit Tuesday that he hasn’t thrown in the towel on the U.S. economy, arguing that the U.S. will avoid a double-dip recession despite rumors to the contrary. Though some pundits say that the Oracle of Omaha’s views have been colored by a devotion to President Obama that mystifies [...]
Remember “Cash for Clunkers” — that stimulus program that got Americans to buy, by one estimate, 125,000 new cars? It cost $3 billion. Any guesses as to how much money is set aside for housing stimulus that remains unspent? According to an article about mortgage refinancing in The New York Times, a little more than $20 billion.
President Obama nominated Richard Cordray, the former attorney general of Ohio, to officially have your back. Here are 10 key quotes to better understand him.
Both parties appear to accept the logic that the United States is suffering from an unacceptably high level of government debt and that further debt will doom the U.S. to generations of decline. Judging by polling data, large swaths of the country agree. Nonetheless, that consensus is wrong.
By 2025, it looks like the average light vehicle sold in the U.S. will have to get somewhere between 47 mpg and 62 mpg. Did you note the use of the word “somewhere” in that estimate?
