Business

Unemployment shot up in 2009 from 7.7 percent in January to 10.1 percent in October before settling at 10 percent in December. Behind those percentages were more than 4.1 million people who lost their jobs during the year. According to data from…

Imagine this – a view of the floor of Chicago Mercantile Exchange at some forthcoming time, but instead of soybeans, pork bellies, corn and wheat, traders are exchanging water and/or water futures.

That seemed to be the vision…

If there was ever a textbook example of kissing up to a host in a TV interview, Rep. Jim Moran, D-Va., made it on MSNBC’s “The Ed Show.”

On the Dec. 28 broadcast, Moran, who represents a district that is just a stone’s throw away from…

As a holiday present to himself, on a TV holiday special with Oprah, President Obama gave himself a first year grade of B+.

This he earned, apparently, by stacking up a sky-high unemployment rate, points higher than the worst case scenario…

While Senate Democrats scurry to pass an unpopular health care reform bill by Christmas Eve, CNN did something rare on Dec. 22: they offered two different perspectives on the bill, including a critic’s view.

That critic was University…

Activists and, in many cases, the news media often attack big businesses of all stripes, from coal, gas and oil to food or pharmaceutical companies.

The targeted companies often refuse to defend themselves. But one high profile CEO decided…

For husbands everywhere, Tiger Woods. By comparison, we all look good. Even Letterman, Gov. Sanford and former Sen. Edwards said – “See!” It’s like going to your wife’s high school reunion and discovering the quarterback she could have…

If you believe polls, current Federal Reserve Chairman Ben Bernanke favorability has been slipping. A recent Rasmussen Reports poll indicates that only 21 percent of Americans favor his reappointment as the Fed chair.

And this hasn’t…

It’s often said markets function better when there is gridlock in Washington, D.C. because there’s less of a chance for government will interfere in the private sector, creating a sense of security. But in this day and time, that theory applies…

When Treasury Secretary Hank Paulson retooled the $700 billion bailout known as the Troubled Asset Relief Program (TARP) in 2008, the news networks found outrage.

In 2008, reports attacked Paulson, stacking “angry House Democrats”…

Media Go Easy on Obama As He Reinvents, Extends TARP to Weeks before Midterm Elections Network news shows barely report criticism of 'slush fund' tactics,…

In “Rich Dad Poor Dad,” author Robert Kiyosaki explained the different views of wealth that poor and rich people have. Kiyosaki showed readers how to learn from those opposite outlooks and be successful.

President Barack Obama must be…

If you’re not buying the hype surrounding global warming, you’re not alone. Polls show fewer people believe there is “solid evidence” the Earth is warming, and Wired magazine consulted a shrink to find out why.

Brandon Keim…

Each year the Business…

In the Dec. 9 Washington Post, an op-ed appeared by former Alaska Gov. Sarah Palin called on President Barack Obama to boycott the current Copenhagen climate summit in the wake of the “Climategate” e-mail leak.

“Without trustworthy…

The Media's Top 10 Worst Economic Myths of 2009 From jobs 'saved or created,' to stimulus saving the economy, to 'deficit neutral' health care reform; here are…

Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. Here is our 2009 list:

10. CBS, NY Times Support Ecuadorian Shakedown of U.S. oil company 

9…

A number of business owners have let me know of their new annoyance. They’re taking umbrage. The Great and Powerful Ozbama has chosen a new demon: the small business community. Not long ago, the rhetoric was about the need to assist small…

What’s that hissing sound? Al Gore’s fuse? Steam coming from Barbara Boxer’s ears?

Probably, but mostly, it’s the sound of gas escaping the climate change balloondoggle. Assuredly, there’s no shortage of UN envirocrats ready and willing…

The last time unemployment hit double digits, the Billy Joel song “Allentown” was a surprise early ’80s hit. As Joel later told the Allentown Morning Call, it was a “song about being out of work.”

The song’s message of lost jobs and lost…