economy – Page 49 – People's World

Pressure mounts against GOP-led shutdown

October 11, 2013 By John Wojcik

Workers, their unions and lawmakers joined hands Oct. 10 outside the Capitol to demand that Republican House Speaker John Boehner allow a vote on legislation to open the government and raise the debt ceiling.

Cuba: U.S. cows firms on embargo, harms economy

October 11, 2013 By Emile Schepers

For more than half a century the U.S. has severely impeded Cuba's economy, costing the island nation $1,157,327,000, and millions to the U.S. economy, according to a United Nations resolution on the trade embargo.

How does the shutdown and the debt ceiling fight affect you?

October 10, 2013 By Mark Gruenberg

There has been precious little discussion of what the gridlock means to workers and their families outside the Capitol Beltway.

Obama picks full-employment advocate Yellen to head Federal Reserve

October 9, 2013 By John Wojcik

President Obama has nominated Janet Yellen, Federal Reserve vice chair, to run the Federal Reserve, the most important central bank in the world.

New York City Opera files for bankruptcy

October 4, 2013 By Marilyn Bechtel

With the Oct. 3 announcement that New York City Opera is filing for Chapter 11 bankruptcy, the city and the entire country are losing a major cultural institution.