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The growing gap between haves and the have-nots is leading to a.crisis of capitalism.
Recent surveys of Americans 18 to 34 find that 45 percent have a positive view of socialism.
The approach could help pay for badly needed repairs to the city transit systems and reduce gridlock.
That percent of families that own stock has fallen to 54 percent, as the impact of the Great Recession continues to be felt.
Strategy is aligning means with ends, and the trick is getting the proportions right.
The auto industry faces situation similar to what traditional entertainment companies faced with the switch to streaming, or brick-and-mortar retailers with the rise of e-commerce.
Tariff issues alone are not enough when it comes to dealing with China.
In its pursuit of a free lunch, the public is often a bit too eager to accept the things they want to hear at face value.
Huawei, China’s smartphone and telecommunications giant, has long been at the center of drama between the United States and China.
We need a modern day version of the Dragon Lady to battle the imbalance of female representation at the highest levels of business.
General Motors may have been a 20th-century giant with a large past but today its future may be getting smaller.
The gap between rich and poor is at historic levels in the United States, putting part of the American Dream at risk.
The story of Sears’ demise is another cautionary tale about the ruthless process of creative destruction.
Looking beyond individual industries, the bad news is that this concentrated power leads to concentration of wealth and income, and contributes to increasing economic inequality.
Despite low unemployment and a robust market, the middle class continues to shrink.
10 years ago the world experienced the worst financial crisis since the Great Depression of the 1930s and the economy plunged into deep recession; yet few were held accountable.
Marchionne first saved FIAT and then did the same thing five years later when FIAT took control of Chrysler from the United States government.
Trade Adjustment Assistance has been the necessary political price for keeping free trade on track.
China’s political structure enables state subsidized industries that have flooded global markets, depressed prices, and shut down hundreds of manufacturing plants, all in violation of World Trade Organization rules.
The historical lesson for leaders in both China and regional rivals like Japan is to recognize that growing political and military tensions are a potential flash point.
America’s decline relative to other countries is an old story, but there is no need to panic or bet against the United States.
Obviously, engaging in tough trade talks with China is long overdue, but tariffs may trigger reprisals.
The shameful legacy of the 2008 financial crisis continues. If a bank is “too big to fail,” the worst thing that will befall its senior executives is a comparatively minor fine that will be paid with shareholders’ money.
Social Security, Medicare, Medicaid are under scrutiny as debt could soar
Adjustable Rate Mortgages and subprime applicants in Seneca Falls.
Forty years ago, the richest Americans had more than 8 percent of the nation income, today it is about 20 percent.
The recent proposal would have helped pay for tax cuts by pulling future tax revenues forward.
Technological advances and social changes are disrupting how car companies see themselves.
Just when you think nothing can surprise you when it comes to corporate incompetence, along comes the massive data breach at the credit reporting agency Equifax.
The federal government’s flood insurance program is facing billions of dollars in claims following the recent monster hurricanes.