Is China's economy heading for a hard or soft landing? Well, it looks like Chinese consumers can't get enough of Diet Coke and the Colonel's famous secret recipe. That may be good news.
An Obama administration lending program set up to funnel cash to small banks was expected to cost taxpayers $1.3 billion. Instead, it will turn a profit of $80 million.
President Barack Obama and Oval Office hopefuls Newt Gingrich and Mitt Romney have all released at least one year of tax returns. And they all gave big money to charity.
More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance, according to a new report.
More than 40 states have signed on to a draft deal settling claims of improper mortgage servicing that's aimed at relieving homeowners struggling with loans bigger than their home's value.
Pressure is rising as Greece's government once more postponed a crucial meeting to agree tough reforms, as Europe's leaders openly discuss Greece leaving the euro.
Theodore Levitt came to mind the other day when I read about how the Winnipeg Free Press opened a News Café as a way to change the business model of news reporting. Theodore Levitt, for those of you who skipped his marketing class at Harvard Business School in 1959 (or
Mitt Romney, as we know, has been catching a lot of flak from conservatives for Romneycare, because Romney?s signature legislative achievement served as the model for Obamacare. But as Romney said in a debate in Las Vegas last October, ?we got the idea of an individual mandate?from , and got it from the Heritage Foundation.? Politically, it?s an important point, because Romney is inaccurately being portrayed as some kind of left-wing apostate, when in fact there were some major conservative institutions (like Heritage) and figures (like Gingrich) who supported the mandate. Last weekend, long-time Heritage health-policy chief Stuart Butler took to USA Today to explain his past support for the mandate. I took the occasion to dig into the topic, and found that Romney is right: he did get the idea from Heritage.
