Apple CEO Tim Cook testified today in Congress about how his company managed to evade billions of dollars in taxes. Most of the questioning has been about tax loopholes. But that’s only part of the story. The other part is perhaps more important, and more destructive.
In the United States, we’ve seen notable growth since the recession. We are very sluggishly moving back from the lows of the financial crisis. Even that modest progress stands in stark contrast to the rest of the world, which is, by and large, still suffering. read more
In the aftermath of the factory collapse in Bangladesh that killed more than 1,000 people, Americans have begun talking about the labor that goes into the inexpensive things they buy. On Sunday's Up with Steve Kornacki, the panel discussed the potential political, economic, and human consequences of the tragedy. read more
A trio of scandals seem to have had little effect on the public's feelings about President Barack Obama, who enjoys a 53% approval rating, according to the latest CNN/ORC poll.
For the past week, the White House has dealt with investigations into the September attack on the U.S. mission in Benghazi, IRS targeting of tax-exempt conservative groups, and controversy over the Justice Department seizing Associated Press records.
The same poll found that a majority of Americans believe both Benghazi and the IRS are important issues and that Republicans have not overreacted. read more