U.S. News

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Minnesota experience may offer solution for ‘jobless recovery’

When President  Obama convenes a White House forum Dec. 3 to consider ways to create jobs, he should ponder a program that worked successfully for Minnesota in the 1980s.

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In economic crisis, ordinary people create solutions

"We the people" - Local communities are creating human networks of food banks, community gardens, medical clinics, telephone hotlines and more.

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Federal aid urgently needed to avoid state budget catastrophes

CHICAGO— Looming behind the 17 million jobless tsunami hitting the country is another disaster: over $180 billion in accumulated budget deficits set to devastate state governments, according to a new study by the Pew Center for the States.

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Obama calls White House jobs summit

With jobless rates at record levels, President Obama announced that he will hold a White House jobs summit in December to tackle the crisis.

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Wall Street gets swine flu vaccine before others

Goldman Sachs, Citigroup and Morgan Stanley were among the first employers in New York to receive shipments of the badly sought after H1N1 swine flu vaccine.

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A Bronx cheer for anti-union development deal

BRONX, N.Y. – On Sunday, October 25, close to 1,000 Bronx residents overflowed the gymnasium of the St. Nicolas of Tolentine Church to demand a new “Blueprint for the Bronx,” a blueprint for responsible economic development, quality health care, decent education and affordable housing.

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In New York, Puerto Ricans show support for island’s public employees

NEW YORK — Braving the cold, the wind, and the rain, Puerto Ricans and others gathered in front of the offices of the Puerto Rico Federal Affairs Administration here Oct. 15 in support of their brothers and sisters in Puerto Rico who marched 100,000-plus strong to protest the latest wholesale firings of government workers by Gov. Luis Fortuño.

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Second $250 stimulus urged for 57 million

President Obama has asked for a second $250 stimulus for 57 million people on Social Security, who will be hit by higher prescription drug premiums next year - another reason health care reform is needed.

Ordering executive pay cuts: It's about time!

The Treasury Department's expected plan to cut executive pay by up to 90 percent – at the seven companies that received the most in bailout money – is not only good news.

Congress to cap interest rates on consumer loans

Congress is considering passing a bill that will cap interest rates on consumer loans at 36 percent to prevent lenders from taking advantage of people who rely on these kinds of loans to meet basic needs or to cover unexpected expenses, like car repairs or vital medical procedures, many of whom are minorities and low-income people.

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