Since the end of the financial crisis, consumer advocates have pushed for fiduciary duty on Wall Street—an obligation for brokers and financial advisors to act in the best interest of clients at all times. Last week, President Obama added his voice to the cause.
Speaking to a gathering at AARP...
Results were finally tallied in the Hawkeye State days after the first-in-the-nation Iowa caucuses took place. A faulty software application deployed by the Iowa Democratic Party delayed results for nearly twenty-four hours after the caucuses had ended Monday, February 3rd. By Wednesday, February 5th, only partial results...
Wall Street’s markets have been in full-fledged panic mode since yesterday morning. The Dow shed 1.3% on Tuesday, and dropped another 1% at the start of trading Wednesday. Presidential candidate Donald Trump was quoted as saying the potential fallout could ‘devastate’ the United States.
It’s all a reaction to a series...
Former Vice President Joe Biden delivered a huge victory for his campaign on Saturday’s primary in South Carolina. The First in the South primary overwhelmingly cast their ballots for Biden, rejuvenating his campaign and narrowing the delegate race between himself and Vermont Senator Bernie Sanders. This boost...
During his presidential campaign in 2024, Donald Trump made the imposition of tariffs a centerpiece of his policy proposals. These tariffs on countries like Canada, Mexico, China, and others would be intended to address trade deficits and get the United States on a path to recovering a...
The ongoing debt saga in Greece has reached its turning point—and it’s not likely to end well.
Last week, a bailout deal between the Greek government and their European creditors appeared certain. But Prime Minister Alexis Tsipras abruptly broke off talks, causing the Greeks to miss their scheduled payment to...
While we celebrated our independence this past weekend in the States, Greece willfully entered what may be the most uncertain era in the long history of their country.
In a result that shocked international experts—as well as the country’s European creditors—Greek citizens voted on Sunday to reject the terms offered...
After three primary contests, Senator Bernie Sanders has started to pull away from the packed democratic presidential nominee field. Voters went to the polls on Saturday, February 22 and handed Sanders his second victory in the primaries. Capturing nearly 50% of the vote, Senator Sanders carried the...
In Tuesday night’s State of the Union address, President Barack Obama laid out his plans for the final two years of his presidency—and the focus will be on the country’s working class.
“The verdict is clear — middle-class economics works,” President Obama claimed. “Expanding opportunity works. And these policies will...
This week’s approval of H.R. 83, the $1.1 trillion ‘Cromnibus’ spending bill that will fund the federal government for 2015, did serious damage to the Dodd-Frank Act.
Language in the bill re-permits trading in swaps and derivatives by FDIC-insured banks—a practice the Dodd-Frank Act eliminated when it was signed back...
