Staff / TruthdigJan 5, 2009
President-elect Obama is still working out the nuts and bolts of his recovery (fingers crossed) package, but Obama advisers have disclosed that at least one proposal would expand benefits and compensation to the unemployed With the economic meltdown vaporizing more and more jobs, here's hoping Congress gets it done before February. Dig deeper ( 1 Min. Read )
Robert Scheer / TruthdigNov 19, 2008
This is not change we can believe in. Not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in President-elect Barack Obama’s incoming administration. Dig deeper ( 3 Min. Read )
Staff / TruthdigNov 19, 2008
Good thing President Bush was there to remind attendees at last weekend's G-20 summit that capitalism isn't all bad; after all, it gave us Hot Wheels and iPods! Dig deeper ( 1 Min. Read )
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Staff / TruthdigNov 7, 2008
As if to prevent surplus national exuberance over the electoral defeat of John McCain on Tuesday, the Labor Department announced that the country's unemployment rate has hit a 14-year high of 6.5 percent, with 240,000 jobs lost in October as joblessness continues to increase in the face of economic turmoil. Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 26, 2008
JPMorgan Chase added to its failed financial behemoth collection by gobbling up the deposits of Washington Mutual, which set a record for the biggest U.S. bank failure Thursday. According to the FDIC and Chase, bank customers have nothing to worry about. Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 15, 2008
While John McCain took heat for reasserting that "the fundamentals of the economy are strong," two of the five biggest American investment banks folded on Monday Bank of America bought out troubled Merrill Lynch while Lehman Brothers declared bankruptcy Update: Another big one stumbles. Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 2, 2008
Harriet Christian's total meltdown at the Democratic Party's Rules and Bylaws Committee meeting was outrageous enough to make it to the top of YouTube's political charts. Her tirade illustrates some of the challenges facing the Democratic Party and the Barack Obama campaign as it woos Hillary Clinton's more colorful supporters. This one, though, is probably a lost cause. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 17, 2008
Although several clips showing Fox's top bloviator, Bill O'Reilly, coming unhinged on his former job at "Inside Edition" have been pulled after ricocheting their way around the Web, this amazing remix of O'Reilly's now-infamous meltdown proves that video magic like this just can't be stopped but it can be set to a slammin' beat Long live the Internet. Dig deeper ( 1 Min. Read )
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