Obama returns focus to America’s struggling middle class
As President Obama prepares to make a “major” speech on the economy today, our past reports describe the challenges the middle class has faced in the past decades.
New capital rules require U.S. banks to fatten their wallets
Banks are going to have to hold more capital as a cushion against losses, under new rules adopted today by the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency. The Federal Reserve Board, which developed the rules jointly with the other banking regulators, approved them last week. The new capital rules, intended […]
Obama Job Approval Holds Steady
Barack Obama’s job approval rating has changed little in the past month, despite a series of recent controversies. In part, Obama is benefiting from improving views of the economy – the share rating the nation’s economy as excellent or good has doubled over the past year.
Economic recovery favors the more-affluent who own stocks
While the stock market has been surging, there is a big gap who who benefits that has implications for the strength of the economic recovery.
Most Say Disaster Spending Does Not Require Offsetting Cuts
As Oklahoma recovers from last week’s tornado, a majority of Americans (59%) say federal spending in response to natural disasters is emergency aid that does not need to be offset by cuts to other programs, while 29% say it does.
Public wants tax reform. But what kind of reform?
While Americans increasingly see the tax system in need of repair, there is no consensus about its biggest shortcomings.
Interest in IRS, Benghazi News Divided by Party
So far, public interest in a trio of controversies connected to the Obama administration remains limited. Republicans are following the stories much more closely.
Despite Public Fears, European Inflation Remains Tame
Although a Pew Research Center survey found concern in European Union countries about rising prices, the European statistical agency said the EU’s annual inflation rate in April was 1.4%, down from a rate of 2.7% in April 2012.
Despite public fears, European inflation remains tame
Eurostat, the European statistical agency, announced today that the European Union’s annual inflation rate in April was 1.4%, down from a rate of 2.7% in April 2012. Nonetheless, across eight EU nations surveyed by the Pew Research Center in March 2013, a median of 67% said rising prices were a “very” big problem in their […]
The Most Popular Areas of Government are Shedding the Most Workers
By Drew DeSilver Popularity is no protection against budget cuts: The parts of government that Americans like the most — state, cities and counties, and the U.S. Postal Service — are also the ones shedding workers the fastest. The most recent nonfarm payroll figures from the Bureau of Labor Statistics show that the public sector continues to be […]