Economists generally frown upon raising taxes in times of an economic downturn. Historians point to President Herbert Hoover’s Revenue Act of 1932 as an example – “the largest – and most poorly timed – peacetime tax increase in American…

     Is a federal government rescue of General Motors do or die for the U.S. economy? With the automaker on the verge of collapse, Speaker of the House Nancy Pelosi, D-Calif., and Senate Majority Harry Reid, D-Nev., say so, but Francesco…

     As President-elect Barack Obama sorts out his cabinet and determines who will guide policy through his administration, it’s probably a good thing New York Times columnist Paul Krugman isn’t on his short list.

     Krugman appeared…

     Oil – it’s often called the lifeblood of the American economy and when the prices are high, it takes its toll on the U.S. economy.

      These higher oil prices are often the…

     Glen Meert, a small business owner in Elkhart, Ind., has found himself – and his neighbors – thrust into the national spotlight. And it’s not for anything good.

     The national media have swarmed Elkhart in recent weeks, using…

     He’s President-elect Barack Obama’s new chief of staff, according to various Nov. 6 media reports, but Rep. Rahm Emanuel, D-Ill., also has some baggage pertaining to the financial crisis. Will anyone in the media take…