The prospect of ongoing stimulus from the Federal Reserve and rising optimism among small-business owners helped push stocks back to record levels.
In 1919, back when the United States was a constitutional republic, Congress passed a child-labor law imposing a 10 percent excise tax on companies that violated it.
President Obama's second-term wish list to jump-start his stalled, job-starved economy looked a lot like his warmed-over, half-baked proposals of the past.
When President Obama delivers his fourth State of the Union Address from the Capitol tonight, we will certainly hear him speak about many of today’s most important issues. Perhaps most of all, America will be listening for him to address the one unyielding narrative that has come to define Washington in recent years: partisan gridlock. As nearly every major proposal to reduce the federal debt ultimately gets bogged down by bickering among politicians, everyday Americans pay the price of inaction.
The fiscal cliff put a choke hold on the economy in December, according to a survey of business confidence, and many small companies expect it to get worse in the foreseeable future.
Four major business groups see gloomy times ahead for the job market and the economy, according to a string of separate surveys and polls released this week that cast fresh doubt on hopes that the economic recovery may have turned the corner.
The National Federation of Independent Business is endorsing Republicans over Democrats by a better than 10-1 margin in congressional races this year. But when the small business group needed someone to head its campaign for rolling back federal regulations, it turned to former Democratic Sen. Blanche Lincoln of Arkansas.
The recent Supreme Court ruling on Obamacare (Patient Protection and Affordable Care Act), which upheld the individual mandate as constitutional portends grave danger for those religious organizations now suing the federal government for infringing on religious liberty.
The small business lobby that helped spearhead the legal challenge to President Obama's health care law expressed sharp disappointment Thursday over the Supreme Court's rejection of their case.