Economy

Tuesday's New Day featured its latest CNN/ORC poll results showing that President Obama's overall approval rating has recently inched up a few points to 50 percent, his highest number in two years, with co-anchor Chris Cuomo touting the results as "the good word" as he introduced correspondent Jim Acosta. For his part, after recounting the finding that President Obama's approval for his handling…

“De indocumentados a empresarios”, es como la conductora del programa matutino Despierta América de Univisión, Satcha Pretto, celebró la implementación de una nueva ley en California que les permite a los inmigrantes no autorizados obtener permisos de trabajo del Departamento del Asuntos del Consumidor.

“From undocumented to entrepreneurs” is how Univision morning host Satcha Pretto celebrated the implementation of a new California law that allows unauthorized immigrants to receive work permits from the state’s Department of Consumer Affairs. 

The current headline at a June 29 New York Times story by Peter Eavis, also appearing on the front page of today's print edition, is "Loads of Debt: A Global Ailment With Few Cures." But the last portion of the story's web address is "... trillions-spent-but-crises-like-greeces-persist.html." That's because the original headline, the one used at the Times's Twitter account — was "Trillions Spent…

On Tuesday, the “Big Three” (ABC, CBS, and NBC) networks all highlighted President Obama’s plan to increase the income threshold for salaried workers who earn overtime pay but only CBS This Morning acknowledged the potential harm such a policy change could have on businesses. 

In their coverage Monday night of the debt crisis in Greece, ABC and NBC refused to label the current Greek government as socialist, far-left, or even left-wing with ABC neglecting to even explain why Greece has found itself in such a precarious position as they stand to possibly default on their billions of dollars in debt and/or leave the Eurozone. In contrast to both networks, the CBS Evening…

The world's financial markets had a terrible Monday. The debt crisis in Greece (population: 11 million) has been dominating the headlines and the press's attention, while serious deterioration in China (population: 1.36 billion) is getting short shrift. It isn't just that the mainland Chinese stock market has broken the bear-market decline threshold of 20 percent in less than three weeks,…

On Monday's CNN Newsroom, anchor Carol Costello talked up the idea that it would be better for Republicans to just accept the recent liberal Supreme Court ruling bolstering same-sex marriage as she hosted a discussion with right-leaning CNN commentator Tara Setmayer and Democratic strategist Chris Kofinis. As Setmayer predicted that different GOP presidential candidates would put forth different…

There's a major opinion gap between white Catholics and Latino Catholics in the U.S. regarding climate change. A recent poll found that by margins of approximately 20 percent, Latino Catholics are likelier than white Catholics to believe that there is such a thing as global warming; that it’s “due to human activity”; and that it “constitutes a crisis or a major problem.” What’s causing this…

There may no better illustration of how much harm the economy has inflicted on the American people during the Obama era than a March 2015 Harris survey commissioned by American Institute of Certified Public Accountants. The AICPA's Thursday press release reported that "a majority of American adults (51 percent) have delayed at least one important life decision in the last year due to financial…

We have always been at war with Eastasia. ---Ministry of Truth, 1984. Falling GDP is good. It has always been good. And now that GDP has fallen in the first quarter and economic prospects don't look good for the near future, Politico's contributing editor, Zachary Karabell has discovered that falling GDP is good. In fact the title of this directive issued from the Politico Ministry of Truth flat…

Though such instances are quite rare, especially from conservative and Republican office-holding politicians and bureaucrats, we've been told time and again by the left that it's people on the right who demonize and dehumanize their opponents. Well, I don't recall George W. Bush, anyone in his administration, or any Republican congressman or senator serving at the time of his tax cuts or during…

Yesterday, the government revised the economy's first-quarter contraction from the annualized 0.7 percent it reported in May to 0.2 percent. In covering that news, the Associated Press's Christopher Rugaber spent most of his report speculating about the second quarter's impending "rebound" as if its existence is absolutely certain, citing only the items which would cause readers to believe that'…

One of the latest in a seemingly endless stream of missives from the perpetually aggrieved comes from Ruth Graham at the Politico, which seems to have become an especially fertile repository for such ridiculous items. Mr. Graham is completely unimpressed that Obama administration Treasury Secretary Jack Lew has announced that the image of a famous woman to be named later will soon grace the $10…