economics


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The Daily Word in the debt ceiling, pesky interest rates and political superheroes

With three days before the debt-ceiling deadline, the White House and the House Republicans are still having discussions and working toward avoiding a default.

A San Francisco man is recovering after having spent 19 days lost in the woods in Mendocino County, surviving on squirrels, lizards and berries.

Your medical insurance won't cover this procedure? Sure, we can help you, but watch out for those interest rates!

Three Americans won the Nobel prize in economics for their work in assets.

A man wanted in connection with a Georgia murder was found in Albuquerque during a drug raid.

After nine missing children were reunited with their parents on Sunday evening, inquiries of abuse and an investigation of the Tierra Blanca Ranch still looms.

The 42nd Annual Balloon Fiesta wrapped up last night, and what a good finale it was!

What do your favorite superheroes think about political issues?

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The Daily Word in awesome Canada, Opposite Day and the sinking ghost ship

Thousands pilgrimage to Chimayó today.

Las Vegas, N.M., fights fracking and bans oil and gas drilling.

Why Canada should be cheered for ditching the penny.

Menacing Easter bunnies.

Kid sells his kidney for an iPhone.

Marine Corps pilot says he played tag with a UFO in the ’70s.

Guy gets naked for Opposite Day.

Jesus appears in duct tape in Albuquerque.

Coast Guard sinks a ghost ship with a cannon.

Ex-Gov. Gary Johnson says making Gov. Susana Martinez the veep pick would be Sarah Palin, Part Deux.

Smallest town in the States sells for only $900,000.

Why Catholics really eat fish on Fridays.

Pit bull takes a bullet for his owner.

Chevy Chase is an asshole.

blog

Income Inequality Higher Than Ever

An academic paper updated by UC Berkley Professor Emmanuel Saez indicates that income disparity in America is higher than ever before.

In 2007, the paper says the top .01 percent of earners took home 6 percent of American wages. The trend of increasing income disparity began to accelerate during the Clinton years and continued to skyrocket under the Bush administration. Between 2002 and 2007, the top 1 percent captured two thirds of income growth, according to the paper.

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