WASHINGTON, D.C. – Center for Economic and Policy Research Co-Directors Dean Baker and Mark Weisbrot welcomed the Federal Reserve’s move this week to reduce emergency dollar borrowing costs for European banks.
WASHINGTON, D.C. – The nation’s unemployment rate fell to 8.6 percent in November as the economy added 120,000 jobs, the U.S. Bureau of Labor Statistics reported today. However, there are still 13.3 million unemployed workers.
TRENTON – A state Senate committee approved legislation that would permit licensed casinos in Atlantic City and racetracks throughout the state to operate sports wagering pools on professional and collegiate sporting or athletic events if a federal law banning sports betting in all but four states can be overturned.
From The Center for Public Integrity: There are 41 federal judges in the Southern District of New York, the jurisdiction where the Securities and Exchange Commission sued Citigroup for knowingly selling toxic mortgage securities to clients.
From The Center for Public Integrity: The Obama Administration will be making some important decisions over the coming weeks that will determine to a large extent whether consumers or health insurers will be the biggest beneficiaries of health care reform.
WASHINGTON, D.C. — In an annual reminder to taxpayers, the Internal Revenue Service announced today that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors.
UTICA, N.Y.–An early binge of holiday gift shopping may not continue, as 35 percent of U.S. adults expect to spend less this year than in other years according to IBOPE Zogby interactive poll. Meanwhile one-half say their spending will be about the same as other years and just 7 percent expect to spend more.
You may not know it, but millions of Americans are owed money from long-forgotten government payments, stock sales, bank accounts and other lost accounts.
(NAPSI)—What’s bad news for the economy could be good news for holiday shoppers-more last- minute shopping deals, easier access to credit and improved service.
From The Center for Public Integrity: Darcy Parmer ran into trouble soon after she started her job as a fraud analyst at Wells Fargo Bank. Her bosses, she later claimed, were upset that she was, well, finding fraud.