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As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams. Chasing performance

President Obama took the podium for last night’s State of the Union Address at a time when mood of the country is sour—toward the president and toward the economy. [...] Of course, actions speak louder than words. In the speech, Obama announced he will sign an executive order that will force federal

The “Procurement Act" allows President Obama to pass an executive order to raise the pay for federal contract workers.

President Barack Obama vowed on Tuesday to bypass a divided Congress and take action on his own to bolster America's middle class in a State of the Union address that he used to try to breathe new life into his second term after a troubled year. Standing in the House of Representatives chamber

Details are sketchy about the new retirement plan that President Obama proposed in the State of the Union Address last night, so it's too early to offer any verdict. What causes concern, though, is that the Obama administration has previously floated retirement schemes that would double down on

A move by President Obama to raise the minimum wage for federal contract workers to $10.10 an hour is partly an act of symbolism and political tactics, but it promises to have a practical impact on the lives of as many as half a million US workers. [...]

Republicans didn't just respond to the State of the Union, they responded four times. The problem is that a lot of their talking points don't stack up with reality. 1) Taxes Are Too High on The Rich In fact, taxes have become less progressive since 1960:

In his State of the Union Address, President Obama announced a “Good Jobs” Executive Order requiring government contractors to raise the minimum wage for their lowest-paid workers to $10.10 fo

In Tuesday’s State of the Union address, President Obama will announce his intention to issue an executive order to raise the minimum wage for federal contractors to $10.10.

Imagine that it is late July 1966, and President Johnson's signature domestic initiative, Medicare, has been fully up and running for just a few weeks. But a think tank is so sure that it's a failure that it publishes a study saying that by "imposing a bureaucratic, centralized, top-down approach to