Word: undereating
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Federal Reserve Chairman Ben Bernanke says the U.S. recession is over. But even if a recovery is under way, for millions of people there's little reason to celebrate, according to studies led by Till Marco von Wachter, a Columbia University economist. His research found that the deleterious effects of...
But what if this recession isn't an ordinary recession? There is a widespread belief among economists that a secular shift in global spending patterns is under way. U.S. consumers, the usual drivers of economic growth, are reducing their outlays and may do so for years to come as they...
That's not the only potential conflict at play. While the Justice Department has already decided that Birkenfeld isn't a true whistle-blower, the IRS has yet to make its own determination. An adverse ruling "may make more sense legally than it does from a policy standpoint," says former...
In making their decision, the court will review its logic in 2005's Roper v. Simmons, which held that individuals could not be sentenced to death for crimes committed under the age of 18, as the court found that minors had a "lack of maturity." The petitioners in Graham and...
In August, President Obama laid out the rationale for stepping up the fight in Afghanistan: If left unchecked, the Taliban insurgency will mean an even larger safe haven from which al-Qaeda would plot to kill more Americans. So this is not only a war worth fighting. This is fundamental...