News Headline

Panel’s Bipartisan View: F.D.A. Is Underfinanced

Alex Carter — Wed, 16 Apr 2008 15:02:23 -0400

The Food and Drug Administration needs far more money than the White House has proposed for next year, senators of both parties said Tuesday. “To us, it’s clear that they’re seriously underfunded,” Senator Herb Kohl, Democrat of Wisconsin, said after a hearing of the Appropriations subcommittee, headed by Mr. Kohl, that oversees the agency’s spending.

A Brighter Spotlight, Yet The Pay Rises

Anne Thompson — Sun, 06 Apr 2008 15:41:07 -0400

Shareholders were mad about excessive compensation last year, when the economy was booming. This year, governance experts say, they are livid. “They are furious about the dichotomy of experiences — their shares fall, yet C.E.O. pay still rises,” said Paul Hodgson, a senior research associate at the Corporate Library, a governance research group.

Life Expectancy Gap Widens

Anne Thompson — Sun, 23 Mar 2008 20:43:22 -0400

New government research has found “large and growing” disparities in life expectancy for richer and poorer Americans, paralleling the growth of income inequality in the last two decades.

IBM to help build another Chinese center to outsource professional services

Charles McMillion — Fri, 22 Feb 2008 10:34:03 -0500

New center to outsource professional services plans to add another 50 firms with 20,000 Chinese IT workers

Credit Crunch Hits Bankers to the Rich

OurFuture.org Staff — Thu, 10 Jan 2008 11:29:40 -0500

The wealthy are paying back investment loans to reduce risk, and depriving the wealth management industry of an income stream.

United Nations Says U.S. Housing Slowdown Risks Global Recession

OurFuture.org Staff — Thu, 10 Jan 2008 11:17:29 -0500

U.N. economists say the erosion of the U.S. Housing market and declining dollar may stall expansion of the global economy in 2009.

U.S. Presidential Race Holds Risks for Global Economy

OurFuture.org Staff — Wed, 09 Jan 2008 12:01:46 -0500

A new American isolationism could emerge from discontent over economic issues and the uncertainties Americans face due to economic globalization.

The U.S. Recession Has Arrived

OurFuture.org Staff — Tue, 08 Jan 2008 11:49:28 -0500

Tumbling stock shares, in the wake of the recent jobs report, confirms the U.S. is in the first month of a recession.

Democrats Bow to Bush's Demands Again, on Spending Bill

OurFuture.org Staff — Thu, 13 Dec 2007 11:20:16 -0500

House Democrats handed the president a victory, agreeing not only to drop their demands for $22 billion in additional spending but to also shift funds from their priorities to Bush's.

Treasury Secretary Reveals Subprime Mortgage Relief Plan

OurFuture.org Staff — Tue, 04 Dec 2007 09:46:36 -0500

Plan would help state and local governments issue tax-exempt bonds for refinancing, and temporarily freeze mortgage rates for tens of thousands.