Working Life

The most important political figure in your economic life—to be sure, the boss of a company has got a lot of power—is not the president of the United States, no matter who that is. It’s probably the head of the Federal Reserve Board. We know interest rates are at historic lows and mortgage rates are […]

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I like the ring of The Stop Wall Street Looting Act, don’t you? True, it’s part of the business model of the joint, especially the private equity pirates. The Act is, in fact, aimed squarely at the private equity industry, who have stripped and destroyed hundreds of companies. I’ll talk about the Act with the […]

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   You can decide for yourself why you think David Paterson did this (for true love of unions or a brazenly political move…or both) but it is still a good thing: Gov. David A. Paterson has issued an order making it easier for labor unions to organize thousands of workers at some of New York’s […]

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    The immigration bill is headed back to the Senate floor today. It is unclear whether there will be enough votes–60 are needed–to allow the bill to proceed. And, even some of the Senators who say that they will vote to allow the bill to proceed–i.e., they will vote to cut off any filibuster–are saying […]

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No, there’s no real connection between all those three headliners—just a confluence of stories in today’s newspapers. Steven Greenhouse has been a busy boy. He has two pieces in the New York Times today. His front-page Business section story looks at the debate over wages at Wal-Mart. I think the best nugget of information from […]

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Here’s a run-down of the press conference held just a little while ago. The scene was the Al Dente restaurant just off the main casino area. Double long tables covered with linen table clothes sat in the center of the room. Sitting at the head of the table were UFCW president Joe Hansen (UFCW) and […]

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