The U.S. Supreme Court’s decision to reject a core part of the 1965 Voting Rights Act has sparked a partisan dispute over whether the civil rights-era law’s protections are needed, with potentially significant political consequences.
Read More »Commentary: The Supreme Court matters less than you think
In a classic “Doonesbury” cartoon from July 1973, the chief justice of the U.S. prefaces the reading of an opinion with these words: “Well, we’ve been conferring like crazy, and I think we have got ourselves another snappy 5-4 decision.” ...
Tagged with: U.S. Supreme Court
Read More »Tax bite curbs U.S. growth with consumer spending
Growth in the world’s largest economy was less than originally estimated in the first quarter as an increase in the U.S. payroll tax took a bigger bite out of consumer spending than previously calculated.
Read More »Women still unaccounted for in global economy
Twenty-five years after she directed a broadside at the global economic order for ignoring the unpaid work women do, Marilyn Waring said she’s still waiting. Her 1988 book “If Women Counted” persuaded the United Nations to redefine gross domestic product, ...
Read More »Consumer loans insulated when Fed phases out stimulus
Consumers may see “almost no effect” on the costs of credit cards and auto loans because those rates are linked to the target federal funds rate, which the central bank plans to keep near zero until 2015.
Tagged with: Ben Bernanke Federal Reserve
Read More »New-home sales rise more than forecast
Sales of new U.S. homes climbed more than forecast in May to the highest level in almost five years, a sign of continued strength in a market that’s helping fuel economic expansion.
Tagged with: housing market new-home sales
Read More »Rick Perry calls lawmakers back to take up abortion limits measure
The legislation died in a special session that ended late June 25 after a Democratic senator delayed consideration.
Tagged with: abortion Rick Perry Wendy Davis
Read More »St. Louis lawyer surrenders license
According to the May 23 consent order, Lisa D. Krempasky also is forbidden from ever selling securities or registering as a securities agent or investment adviser, and she must pay $5,000 in restitution.
Tagged with: krempas
Read More »UPDATE: Brent Cassity plea hearing canceled
A plea hearing scheduled Friday for Brent Cassity, a defendant in an alleged prepaid funeral scheme, was canceled.
Read More »Accused Boston Marathon bomber indicted
The indictment, filed Thursday in federal court in Boston, holds new details about the April 15 attack, including a list of files related to al-Qaeda and jihad found on Dzhokhar Tsarnaev’s computer and notes he allegedly wrote about his motive.
Read More »Arbitration ruling divides litigation bar
The court ruled June 20 in American Express Co. v. Italian Colors Restaurant that claimants can’t avoid a waiver of class arbitration on the grounds that the cost of individual arbitration would be prohibitively high.
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