VIDEO: Occupy Denver enters third week, momentum builds

Something’s happening downtown, what it is ain’t exactly clear.

(PHOTO ESSAY) A closer look at Occupy Minnesota

It was early and the traffic, as always, was slow moving into downtown Friday morning. Those minor hassles of daily life were not, however, on the minds of area workers and residents who came to speak about larger issues of economic inequality, corporate political influence and the state of the More…

OccupyMN’s numbers continue to surge in Minneapolis protests

They came from Blaine, from the Iron Range and across the river from St. Paul. They came with signs, tents and pumpkin chickpea soup, their numbers growing from dozens in the morning to hundreds as afternoon rolled around on the windy Hennepin County Government Center Plaza.

Markey to OMB: take a long, hard look at public funding for nuclear plants

The Fukushima disaster has raised new questions about the safety of U.S. nuclear plants and the Office of Management and Budget should look into whether there should be changes to the system of taxpayer-backed loans for nuclear power, U.S. Rep. Edward Markey (D-MA) said Friday.

“Wall Street banks are unwilling More…

Too big to fail rears its head again

Yesterday, Wall Street giant J.P. Morgan Chase announced a $4.4 billion profit in the third quarter. Wall Street analysts should have cheered. Instead, they golf-clapped, while the bank’s chief executive officer, Jamie Dimon, went on the defensive on an earnings call.

[Economy1] The reason: foreclosures, again threatening everything from More…

Rand Paul Goes to New York City

Speaking at the Kentucky Freedom Festival on Saturday, Republican Senate hopeful Rand Paul informed Tea Party activists that “we have to get our policy out there, we’re not going to get a lot of help from the newspapers.” He urged grassroots groups to raise money and purchase air time, More…

Unemployment Rate Drops to 9.7%, GOP Leaders Yawn

The economy added 431,000 jobs last month, dropping the national unemployment rate from 9.9 percent to 9.7 percent, the Department of Labor Statistics announced this morning.

But Republicans, who a month ago were saying that they’d recognize progress when the jobless rate fell, aren’t impressed. Indeed, Republican House More…

Report: Lending to Minorities Scaled Back Disproportionately

Some troubling findings today out of the Woodstock Institute, which examined home lending trends in seven major cities to discover that banks have scaled back prime loans to minority communities at a much quicker clip than they’ve reduced those same loans in predominately white neighborhoods.

The group — in collaboration More…

WaMu’s Killinger on ‘Too Clubby to Fail’ Banks

Kerry Killinger was the chairman and chief executive officer of Washington Mutual, the $300 billion savings-and-loan organization, from 1990 until 2008. During his tenure, he made more than $100 million in compensation, including more than $14 million in 2007 and $21 million in 2008 — granted for More…

Agency Admits Economic Stability and Consumer Protection Not Mutually Exclusive

For those with a basic grasp of (non-political) economics and a keen memory for how massive consumer fraud and non-transparent financial products helped cause the current economic crisis, it’s an obvious proposition: Helping consumers avoid fraud, usury, overly powerful banks and fee-hungry brokers is good for the economy. But a More…