
During his weekly address, President Barack Obama named maintaining trust in law enforcement and government initiatives like the Earned Income Tax Credit and Social Security as ways to create opportunity. Transcript as follows: Hi, everybody. Everything we’ve done over the
by Jeff Poor16 May 2015, 9:34 AM PST0

I spent the last week gliding around San Francisco in the now infamous “suitsy,” an adult-sized pajama onesie disguised as a full business suit. At bars and in meetings, no one seemed to notice anything amiss. But, perhaps, I thought, this was because San Francisco is the home of weird attire, and my colleagues were just unfazed.
by Ferenstein Wire15 May 2015, 11:00 AM PST0

On Wednesday, a Los Angeles City Council committee, determined to expedite the process of driving businesses out of state, endorsed a proposal raising the citywide minimum wage from its current $9 an hour to $15 an hour by 2020.
by William Bigelow14 May 2015, 1:36 PM PST0

A new study finds that a brief walk around the office can offset the mortality risk of sitting or standing for extended periods of time.
by Ferenstein Wire13 May 2015, 2:20 PM PST0

Tuesday, Sen. Sherrod Brown (D-OH) said President Barack Obama was “disrespectful” toward Sen. Elizabeth Warren (D-MA) when he called her by her first name while criticizing her for opposing his fast track trade legislation. Wednesday on MSNBC’s “Morning Joe,” White House
by Pam Key13 May 2015, 10:19 AM PST0

Wednesday on MSNBC’s “NewsNation,” NBC senior White House correspondent Chris Jansing discussed Senate Democrats on Tuesday filibustering a President Barack Obama-supported fast-track trade legislation and said it was “clearly a stinging defeat” “Obviously this was a test of his clout
by Pam Key13 May 2015, 9:26 AM PST0

Today’s economy isn’t creating enough jobs for those who are already here; in April more than one-third of Americans weren’t in the work force. So immigration, whether legal or illegal, is simply serving to hold down wages.
by Rich Tucker13 May 2015, 6:22 AM PST0

Prices for eggs and turkey meat are rising as an outbreak of bird flu in the Midwest claims an increasing number of chickens and turkeys. Market experts say grocery stores and wholesalers are trying to stock up on eggs, but there’s no need to worry about having enough turkeys for Thanksgiving.
by Breitbart News12 May 2015, 5:35 PM PST0

President Obama has been involved in an open spat with left-wing Massachusetts Sen. Elizabeth Warren over her opposition to his fast-track trade deal.
by Warner Todd Huston12 May 2015, 5:33 PM PST0

Moody’s Investors Service announced Tuesday it has lowered Chicago’s credit rating to junk bond status, citing unfunded pension obligations and lagging tax revenue, in a move Mayor Rahm Emanuel called irresponsible.
by Breitbart News12 May 2015, 5:28 PM PST0

LOS ANGELES — According to the Los Angeles Homeless Services Authority’s biennial report, the homeless population of the city and county of Los Angeles climbed 12% in the last two years as tents, makeshift dwellings and cars used by the homeless skyrocketed by 85%.
by William Bigelow12 May 2015, 11:18 AM PST0

In a devastating precedent that could redefine history, a Manhattan federal judge ruled that Nomura Bank and Royal Bank of Scotland willfully misled Fannie Mae and Freddie Mac into purchasing mortgage bonds that contained numerous fraudulent misrepresentations and underwriting errors.
by Chriss W. Street12 May 2015, 10:36 AM PST0

Congress should impose tough conditions on President Obama’s request for authority to negotiate a free trade agreement with Pacific nations.
by Peter Morici12 May 2015, 10:07 AM PST0

Tuesday at Georgetown University while discussing poverty at the Catholic-Evangelical Leadership Summit, President Barack Obama said, “It’s important for us to guard against cynicism and not buy the idea that the poor will always be with us.” “One of the
by Pam Key12 May 2015, 9:47 AM PST0

I believe in free trade. I think the evidence is compelling that the free flow of goods and services makes Americans better off and is a fundamental national interest. It also reduces global poverty and increases the potential for liberty worldwide. The costs to jobs in some industries can be partly addressed by job growth in others. So I am on board, in theory, for the Trans-Pacific Partnership and other deals, including with the EU. But I don’t think Obama has earned the trust for “fast-track.”
by Joel B. Pollak12 May 2015, 6:52 AM PST0

Only three countries in the world have no listings in the extensive AirBnB online inventory: North Korea, Syria and Iran. But if State Senator Mike McGuire (D-Healdsberg) gets his way, maybe you can add a state, California, to the list.
by Jon Fleischman12 May 2015, 5:38 AM PST0

David Rosenberg, former Chief Economist for Merrill Lynch, recently made the comment that the current global interest rates, at below 2 percent, have only been this low once or twice in the last 500 years. The globalization cycle over the last two decades pushed up total world debt to $223.3 trillion, over three times the world GDP of about $75 trillion. But the current low rates indicate that individuals and corporations no longer have the moral willingness to take on more debt.
by Chriss W. Street12 May 2015, 4:00 AM PST0

California’s cap-and-trade tax is creating a luscious honey-pot of cash to sooth state politicians’ spending fantasies. In expectation of the cash available from the “May Revised Budget” to be released this week, lawmakers and their interest-group fellow travelers are outlining ambitious proposals that include funding port improvements, paying for heavy-duty trucks and ferries, nurturing urban rivers, sponging up carbon in soil and increasing subsidies for bus riders.
by Chriss W. Street11 May 2015, 1:05 PM PST0

Dr. Carson, I know you are smart, very smart. But you know medicine. You need very smart people to advise you on energy policy now, before you address the topic any further. I have a cadre of energy experts that I could make available to you—and any candidate who wants smart energy policy. Call me, maybe?
by Marita Noon11 May 2015, 12:26 PM PST0

In an official statement, Starbucks has announced that it will stop bottling water in drought-stricken California and will move production–and jobs–to Pennsylvania to produce the Ethos brand of water that it sells in thousands of coffee shops.
by Joel B. Pollak11 May 2015, 5:27 AM PST0

Leaking information to reporters in Silicon Valley is an everyday occurrence. But a former employee at Yahoo is being sued for actually leaking passwords to confidential computer files inside the company to help a financial industry journalist write an unauthorized biography titled: “Marissa Mayer and the Fight to Save Yahoo!”
by Chriss W. Street11 May 2015, 5:07 AM PST0

On Tuesday, a bill designed to confer trade promotion authority on President Obama, known as “fast-track,” will come before the Senate. Obama and his administration have been working overtime to convince recalcitrant Democrats loyal to labor unions not to abandon him in the House and Senate and work with the GOP to defeat the bill
by William Bigelow10 May 2015, 2:58 PM PST0

By now, it is beyond cliché to point out the many ways in which President Barack Obama abandons his former positions when they become politically inconvenient. His reversal on free trade, however, stands out because it is the one reversal that faces significant opposition from within his own party, and specifically from Sen. Elizabeth Warren (D-MA). Recently Obama said that “Elizabeth is a politician just like everybody else.” That would, presumably, include Obama himself.
by Joel B. Pollak10 May 2015, 2:28 PM PST0

It is Victory Day in Europe and Russia, but Russian President Vladimir Putin met with Chinese President Xi Jinping instead of celebrating with his World War II allies. The talks include agreements on the economy and energy as Russia continues to suffer under sanctions for the country’s invasion of Ukraine.
by Mary Chastain8 May 2015, 7:35 PM PST0

Washington D.C. figures prominently in a newly-compiled list of the country’s richest zip codes, a report revealed Friday.
by Warner Todd Huston8 May 2015, 6:12 PM PST0