Ohio got some bad economic news. The state lost more than 11,000 jobs in July, and the unemployment rate has worsened to 7.2 percent—the highest in Ohio since December 1992. Ohio may take an additional major job hit if DHL Express is allowed to close its air freight facility in Wilmington, where more than 8,000 people […]
McCain: Social Security a ‘Disgrace’
Posted by Tula Connell to AFL-CIO NOW Struggling homeowners will need Social Security and Medicare now more than ever, according to a new study by the Center for Economic and Policy Research (CEPR). Due to the collapse of the housing market, the vast majority of Americans have accumulated little or no wealth—and so will be […]
On Oil, Politics, and Hating Me Because I Tell the Truth
With oil prices flowing relentlessly upward–at least for the time being–and gasoline prices naturally, inevitably following suit, it should be clear to all educated adults, regardless of whether or not they are economists or day-traders, why these prices are going up. We are all taught in school, well before our college-age years, of the law […]
Union Members Tell McCain: Don’t Tax Our Benefits!
by Seth Michaels Yesterday, John McCain made a speech intended to address the economic crisis, one that offered almost nothing for struggling working families, but quite a lot for the corporate elites who have reaped the rewards from the Bush years. What McCain left out of his economic proposals was any real solution to the problems facing […]
McCain’s Economic Agenda Won’t Cut It
by Seth Michaels On Monday in Pittsburgh, John McCain responded to calls that he detail how, if elected president, he would address the economic crises facing our nation. Unfortunately, what he’s offered is mostly rhetoric and no solutions—but plenty of policies that would line the pockets of the powerful rather than helping those in need. AFL-CIO […]
What are mutual funds. Types of Mutual Funds
Here you’ll find the various types of mutual funds available for investing: •Loaded Mutual Funds: are sold by full service brokerage firms and carry a fairly steep commission. •No-Load Mutual Funds: can be purchased directly from the mutual fund family or from discount brokers who handle a large number of different mutual fund families. No-Load […]