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Michael Snyder – The Next Employment Crisis Is Here: Job Cuts At U.S. Companies Jump 35 Percent In April

Should we be alarmed that the number of job cuts announced by large U.S. companies was 35 percent higher in April than it was in March?  This is definitely a case where the trend is not our friend.  According to Challenger, Gray & Christmas, U.S. firms announced 65,141 job cuts during April, which represented a massive 35 percent increase over the previous …

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Melanie Evans – The Affordable Care Act isn’t wiping out unpaid hospital bills

The economy of Gillette, Wyo., has slumped along with the fortunes of companies like Devon Energy and Peabody Energy, which have slashed jobs because of the prolonged downturn in oil and gas prices. Taxes on property, coal and oil support the county-owned hospital, but revenue has dipped because of dwindling population and a rising number of uninsured residents amid the …

student loans

Obama Admin Will Forgive Up To $3.6 BILLION In Student Loans By Blake Neff

The Department of Education announced Monday that it is implementing a plan to forgive as much as $3.6 billion in student loans given to students attending schools affiliated with the defunct for-profit college chain Corinthian Colleges. Corinthian was once one of the biggest players in for-profit colleges, but abruptly fell apart in 2014 amid accusations that it was inflating graduates’ job placement …