Looking to improve student performance, the government has increased education funding dramatically since 1970. However, analysis by the Cato institute indicates no improvement.
President Obama held the first meeting of the Bipartisan Commission on Fiscal Responsibility and Reform Tuesday. Here are five issues to watch as the deliberations get under way.
World stock markets fell as prospects grew that the Greek debt crisis is spreading to Portugal and other indebted nations.
When it comes to the ethics of a market maker, Goldman Sachs and a Senate panel don't see eye to eye.
Whether you live to eat or eat to live, eating costs money. Here's 13 ways you can save money next time you head to the grocery store.
Senators in Tuesday's Goldman Sachs hearing browbeat the firm for profiting on its pessimistic view of the mortgage market. But the bigger problem, perhaps, was the irrational optimism.
On April 26, 1759, one hundred years before Darwin made his discovery, Adam Smith began is path into economic history by publishing his first book, 'The Theory of Moral Sentiments.'
On Wall Street, Goldman Sachs is admired to a certain extent for its ability to generate profits. But the firm is also resented for a certain swagger.
The overheated housing market has taken many by surprise and turned many away, but while markets ebb and flow there is a strong argument for a more sophisticated futures market in house prices in the UK and elsewhere.
Too much government control: the choice to ground European flights after the volcano eruption should have been left left up to the airlines.
Now presenting the hard-earned collected wisdom of someone who's followed insiders, ignored insiders and everything in between.
After the Iceland volcano closed airports in Europe, the many grounded travelers were quick to make other arrangements in a sterling example of Adam Smith’s invisible hand.
Entrepreneurs from more than 50 countries gathered at the summit on entrepreneurship in Washington to learn how individual action can expand opportunity, especially in the Muslim world.
The S&P/Case Shiller home price index indicates that the government-sponsored housing rebound is over.
US housing prices fall for fifth month in a row, according to Case-Shiller report.
If you want to be financially happy, you need to figure out what is important to you from a financial standpoint.
The authors of a new study think so. Case in point: About 20 percent of borrowers in the bottom quartile of the financial literacy index experienced foreclosure compared to only 5 percent in the top quartile.
Although both parties have rejected a value-added tax, political gridlock is keeping them from offering better alternatives than the VAT.
They may not work in heavy-traffic rooms, but motion-activated light switches can save homeowners money in medium-to-low traffic rooms or ones in which lights are accidentally left on.