U.S. News

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Report refutes Emanuel's austerity agenda for Chicago

Proposals for getting Chicago's finances back on track without unconstitutional grabs at retiree pensions, cuts to vital services, and toxic bank fees.

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Warren: Many feel the game is rigged – and they're right!

Elizabeth Warren has quickly carved out a role as an articulate spokesperson for workers, and she didn't disappoint the packed house at the summit.

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Detroit bankruptcy solved – for now: What about other cities?

Everyone is congratulating Michigan Gov. Rick Snyder and his emergency manager, Kevyn Orr, for helping to craft a bankruptcy settlement in Detroit.

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"Daylight" appears on Israel-Palestine conflict

J Street, the six-year-old "pro-Israel, pro-peace" liberal Jewish organization, with some 180,000 members and supporters, met in San Francisco June 7-8 in its first national summit on the West Coast.

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Prosecuting JPMorgan Chase a good start, but…

There's a long way to go. And, unfortunately, the politicians who enabled the corporate criminals on Wall Street seem to be beyond the law's reach.

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Co-op banks to invest in worker-owned U.S. businesses

The world's largest industrial, worker-owned and run cooperative, Spanish-based Mondragon and its bank, Laboral Kutxa, agreed to partner with U.S. based National Cooperative Bank to invest in U.S. cooperative businesses.

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Richmond takes a daring step for homeowners

After a tumultuous meeting drawing hundreds of residents, the Richmond City Council voted to continue exploring a plan to rescue underwater mortgages by using the power of eminent domain.

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Detroit bankruptcy coming to your city next, leaders warn

Detroit is the canary in the coalmine, warned speakers at a public forum on the city's bankruptcy, held this past Saturday, sponsored by Congressman John Conyers Jr.

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To ease or not to ease, that is Fed's question

The Jackson Hole conference attended by many of the world's top economists, central bankers and policy makers revealed divisions over current Fed stimulus policy.

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"Jury" to Bank of America: "You're guilty"

The willful wrongdoings of Bank of America were "put on trial" this week. The jury was composed of 200 housing and labor activists and the witnesses against BoA were actors playing parts. But the testimony was real.

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