Featured Reports

CL - photo by Chatham House

Head of IMF Christine Lagarde put under French police investigation

By: Samna Ghani Paris, France (CLN) – Christine Lagarde, the head of the International Monetary Fund has been put under investigation as French authorities formally open a negligence investigation regarding her role in awarding 400 million euros (£318m; $527m) in compensation to businessman Bernard Tapie in 2008. She has already been … [Read More...]

U.S. dollars

A lesson in economic analysis from the minimum wage debate

By: Kenneth A. Zahringer Jefferson City, MS (CLN) – In the ebb and flow of interventionist politics, there are some issues that surface periodically regardless of how many times and how completely they are proven to be harmful to the very people they are purported to help. Currently the tide is once again carrying the minimum wage to the … [Read More...]

tv photo by Andrew Harrer

Employment strategist recommends unemployment-themed reality series

By: Staff Juneau, AK (CLN) – After perusing the many niches of reality TV -- well-to-do housewives in multiple major cities, the rugged Alaska lifestyle, and working the dirtiest jobs known to man -- employment strategist Richard B. Alman wonders why we haven’t seen a show about a popular and compelling subject: long-term unemployment. While … [Read More...]

ecigs - Photo by Lindsay Fox

Classifying e-cigarettes as tobacco products sets terrible precedent

By: Andrew Moran Toronto, ON (CLN) – This week, the Toronto City Council voted 36 to 2 in favor of a Board of Health recommendation to prohibit the utilization of e-cigarettes in all of City of Toronto workplaces. The Board is also urging the provincial government to amend its Smoke-Free Ontario Act to ban e-cig usage wherever cigarettes are … [Read More...]

amazon - photo by:  Aurelijus Valeiša

Amazon sets its eyes on Twitch in $970 million acquisition

By: Staff Seattle, WA (CLN) – Amazon is all set to acquire Twitch, a service that allows users to watch and broadcast video game play. Millions of people tune into Twitch each month to watch friends and strangers play video games. Amazon has agreed to pay $970 million to it, a lofty price, but in tune with the increasing popularity of gaming … [Read More...]

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News in Brief

Photo by: Mark Drago

New home sales fall to four-month low

By: Staff Washington, D.C. (CLN) – In July, new-home sales declined unexpectedly to a four-month low. According to a new report published Monday by the U.S. Commerce Department, sales slipped 2.4 percent to a 412,000 annualized pace, which is the fewest since March and smaller than the initial Bloomberg forecast. There were a variety of … [Read More...]

Taxes

Obamacare tax credits may hurt tax refunds: report

By: Staff Washington, D.C. (CLN) – If you’re betting on a nice tax refund next year then perhaps you should start preparing for the worst as Obamacare tax credits may have a negative effect on income tax returns. According to one report, if your income this year is actually going to be higher than what you listed on your initial application … [Read More...]

currency

Economists support Federal Reserve stimulus program, White House

By: Staff New York, NY (CLN) – A majority of economists support the Federal Reserve’s stimulus program and have conceded that the United States central bank is doing the right things to help the national economy recover, says a new survey released Monday by the National Association of Business Economists (NABE). The survey also found that a … [Read More...]