Controversial research out of the London School of Economics claims that women with higher IQs have fewer children. Psychologist Satoshi Kanazawa, author of The Intelligence Paradox, found that maternal instincts fall by 25 percent with every extra 15 IQ points.
After fighting anti-fracking forces in the state of New York for years, Chesapeake Energy has decided to walk away from its natural gas drilling leases and go elsewhere. Since 2008, the state of New York has imposed a moratorium on
On Wednesday, America’s biggest bank by assets, J.P. Morgan, revealed that it is under federal criminal and civil investigation for actions involving mortgage-backed securities. In May, the Department of Justice (DOJ) informed J.P. Morgan that its civil division had preliminarily
After months of inaction in the wake of the Internal Revenue Service (IRS) conservative targeting scandal, the IRS is now seeking to rectify delayed applications for tax-exempt status through a fast-track program that allows 501 (c)(4) organizations to receive IRS
With the Obama Administration scrambling to cobble together the Obamacare health insurance exchanges in time for the October 1st grand opening, experts say con artists and fraudsters are eager to begin exploiting the new law’s complexity and government-enforced fines to
Amazon founder Jeff Bezos’s purchase of the Washington Post comes on the heels of his spending $1.7 million on lobbying from January through June of this year, the ninth biggest Silicon Valley lobbying expenditure. Bezos has ramped up lobbying as
With union membership dwindling nationally, labor groups have resorted to launching membership “raids” designed to poach members from rival unions. Just 11.3 percent of U.S. workers now belong to a union, the lowest level in almost a century. The bleak
A new study by University of California-San Diego economics professor James Hamilton finds that the United States has over $70 trillion in off-balance sheet liabilities–an amount nearly six times the on-balance-sheet debt figure. The Treasury debt outstanding is $16.74 trillion.
Guardian reporter Glenn Greenwald warned in a Saturday interview that National Security Agency (NSA) leaker Edward Snowden controls documents that could become America’s “worst nightmare” if exposed. “The U.S. government should be on its knees every day begging that nothing happen to Snowden, because
Two weeks after FOX Business reporter David Asman filed a devastating report raising serious questions about former Montana Governor Brian Schweitzer’s PAC funneling money to a shell non-profit, Schweitzer announced on Saturday he will not run for the U.S. Senate. Schweitzer,
House Republicans looking to continue collecting campaign donations from high tech giants like Facebook, Google, and Microsoft will come under increasing pressure to pass the immigration bill that Silicon Valley has pumped millions into promoting. Reps. Eric Cantor (R-VA), Paul
On Wednesday, Federal Reserve minutes released from its June meeting revealed that Fed officials are split over whether to begin ending the central bank’s “quantitative easing” policy of buying $85 billion of bonds each month. “About half of these participants
Tough new Las Vegas foreclosure laws designed to keep delinquent homeowners in their homes longer have created a yo-yo effect in the housing market where the number of previously owned homes for sale are down and new home building is
In 2010, President Barack Obama and the Democrats sold Obamacare to hesitant lawmakers and an outraged public as a deficit-reducing bill. Now that the president has decided to delay implementation of the employer mandate–against the explicit provisions of the law,
Marine veteran-turned-country crooner Jimmy Rose brought down the house Tuesday night on America’s Got Talent with an original song honoring his Kentucky coal miner roots. Rose’s rendition of his song “Coal Keeps The Lights On” may have done more to humanize President
Venture capital fundraising in the second quarter dried up as the U.S. saw the worst venture capital fundraising quarter in nearly two years. U.S. venture capital firm fundraising dropped 54% to $2.88 billion as 10-year returns yield 6.9% returns versus
President Barack Obama’s nominee to become the next FBI director told senators on Tuesday that he believes waterboarding is torture and is illegal. “When I first learned about waterboarding when I became deputy attorney general, my reaction as a citizen
NYSE Euronext, the company that runs the New York Stock Exchange (NYSE), announced on Tuesday it will buy the scandal-plagued Libor (London Interbank Offered Rate). Libor, which is the benchmark interest rate banks use to loan to other banks, affects
The Obama Administration took a victory lap of sorts on Monday when its White House budget office annual mid-session review showed the 2013 deficit may be under $1 trillion for the first time in President Barack Obama’s presidency. “The 2014
Conservative Washington Post columnist George Will said the Obama Administration’s decision to waive Obamacare’s employer mandate for another year may have handed Republicans opposed to the “Gang of Eight” immigration bill a silver bullet to defeat the legislation. On Sunday,
President Barack Obama announced Monday that he will bring more Silicon Valley tech experts into his White House to help devise a new government system called MyUSA to deliver “a smarter, more innovative and accountable government.” MyUSA will, among other
International Monetary Fund (IMF) chief Christine Lagarde blasted the United States for instituting “absolutely inappropriate” sequester-related reductions in the rate of budgetary growth that she says will retard economic improvement. “The budgetary procedure that is in place in the United States,
Obamacare’s delayed implementation of the employer mandate means health insurance exchanges and the Internal Revenue Service (IRS) will be unable to determine whether individuals are eligible for taxpayer-funded subsidies and will instead now rely on the honor system. Experts say
Former Montana Governor and possible Democratic U.S. Senate contender Brian Schweitzer (D) is coming under fire after FOX Business reporter David Asman revealed on Monday that Schweitzer’s PAC may have funneled money to a shell 501(c)(4) non-profit that appears to
A coalition of over two dozen leading gay and straight activists are calling on Capital One to fire spokesman Alec Baldwin in the wake of homophobic tweets the actor made last week on Twitter. “We urge all Americans to ask
Canceled fireworks displays at U.S. military bases are being blamed on sequester-related budget cuts just days after President Barack Obama pledged $7 billion in taxpayer money to fund energy initiatives in Africa. “Expect fewer patriotic displays this July 4, thanks
On October 1st, millions of Americans will be expected to begin clicking on to state healthcare exchange websites to enroll in Obamacare, an influx of web traffic and complex technological interoperability that experts say could spark a technological meltdown. “Everyone
A new study finds that students at 514 colleges and universities are more likely to default on their student loans than graduate. The non-profit Education Sector conducted the study; the group partnered with USA Today for a subsequent joint analysis
On Monday, the Huffington Post scrambled to tamp down growing opposition to America’s food stamp industrial complex–a system fueled by corporate interests who profit from the poverty programs that have exploded under President Barack Obama. In a thinly-researched lead article titled
According to a new Wall Street Journal analysis, healthy Americans may see their health insurance rates double or triple upon Obamacare’s January 2014 grand opening. Insurance premiums for sicker Americans will become less expensive as healthier Americans are forced to
In June, U.S. manufacturing hiring hit the weakest levels in almost four years. “Unfortunately on the employment side, they are not hiring,” President of Naroff Economic Advisors Joel Naroff told Reuters. “That’s not a good sign. The employment issue is key. If
President Barack Obama unveiled his “Power Africa” program on Sunday that will spent $7 billion in U.S. taxpayer money to fund a sub-Saharan Africa electricity program that will also develop geothermal, hydro, wind, and solar power. The International Energy Agency
The architect of President Barack Obama’s scandal-plagued home mortgage program is the highest-paid White House official, earning almost as much as Vice President Joe Biden, a new report reveals. Senior National Economic Council adviser Seth Wheeler makes $225,000 a year;
A new Gallup poll finds that 43% of uninsured Americans remain unaware that under Obamacare they must obtain health insurance or face fines and penalties. The poll, taken June 20-24, asked the following: “As you may know, under the terms
Lobbyists for resorts, au pair agencies, and the seafood industry successfully slipped special-interest perks into the Senate immigration bill, reports USA Today. And Sen. Bernie Sanders (I-VT) successfully fought to include in the bill a $1.5 billion taxpayer-funded set aside
Sen. John Cornyn (R-TX) said on Wednesday that the immigration bill is “chockfull of de facto earmarks, pork-barrel spending and special interest sweetners” designed to buy support. One such provision involves language slipped into the bill by Sens. Lisa Murkowski (R-AK) and
A new Moody’s report released on Thursday finds that ten states have public pension liabilities that are as big or bigger than annual state revenues. Illinois’ pension program is the worst, with liabilities that are 241% of its revenues. That
President Barack Obama’s big global warming speech on Tuesday straddled the fence on whether he will approve the popular Keystone pipeline, leaving both supporters and opponents of the project with renewed hope that the president with side with them. Obama
General Motors Co. (GM) announced on Wednesday that it will spend $691 million to build and expand its factories in Mexico. GM Mexico President Ernest Hernandez said the move will boost Mexican employment and development. “The automotive sector is today
Internal Revenue Service (IRS) contracting official Greg Roseman invoked his Fifth Amendment rights to remain silent on Wednesday. A House Oversight Committee report released yesterday alleged he helped funnel almost $500 million in contracts to his friend, Braulio Castillo, the