Sectors - The New American

Another Secret Federal Reserve Bailout, $7.7 Trillion This Time

The Federal Reserve Bank committed some $7.77 trillion in funds to major Wall Street banks during the height of the 2008 financial crisis,...

Thomas R. Eddlem November 29, 2011

Ohio Valley Residents Band Together to Overcome Economic Woes

Raven Clabough November 24, 2011

With the nation still deeply in debt and Americans struggling to make ends meet, residents in an Ohio valley are proving to the...

The October Jobs Report: Precious Little Good News

Bob Adelmann November 4, 2011

There was precious little good news in the latest employment report from the Bureau of Labor Statistics (BLS) for October. Employment rose by...

Citigroup Settles With SEC Over Fraud Allegations

Daniel Sayani October 24, 2011

Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the...

Another U.S. Credit Rating Downgrade Expected

Raven Clabough October 24, 2011

Back in August, when Standard & Poor's downgraded the U.S. credit rating for the first time in history, from AAA to AA+, the...

What Budget Cuts?

Michael Tennant October 18, 2011

With all the talk of budget cuts in Washington, the average American could be forgiven for thinking that federal spending is, in fact,...

Internet News Hits New Height of Popularity

Joe Wolverton, II, J.D. September 27, 2011

For the so-called “old media,” it was the best of times, it was the worst of times. Last week the Pew Research Center...

Obama’s Automobile Standards Could Drive Industry Over a Cliff

Michael Tennant September 23, 2011

The Obama administration is proposing new automobile regulations, including a doubling of fuel economy requirements, that will make cars more expensive and less...

How Will Fed’s Bailout of European Banks Impact Gold & European Markets?

Raven Clabough September 17, 2011

Even as the dollar is crashing and inflation in the United States is rampant, Federal Reserve officials have announced plans to flow dollars...

Federal Reserve to Bail Out European Banks (Again!)

Charles Scaliger September 16, 2011

To the list of mega-corporations bailed out by the U.S. government, we now must add — Europe. In an announcement that rocked financial...

Report: Oil Industry Could Create One Million Jobs by 2018

Brian Koenig September 13, 2011

By erasing burdensome regulations, the oil industry could create one million jobs by 2018 and more than 1.4 million by 2030, according to...

Generation Vexed: Young American Working Class

Brian Koenig August 26, 2011

Burdened with economic uncertainty, high unemployment, and a volatile investors’ market, young Americans are desperately seeking job security — while anxiously chasing the...